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Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Companies

RBI/2015-16/432 DBR.CID.BC. 107/20.16.056/2015-16 June 23, 2016 All Scheduled Commercial Banks All India Financial Institutions Credit Information Companies Dear Sir / Madam Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Read more…

By BankersClub, ago
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Scheme for Sustainable Structuring of Stressed Assets

RBI/2015-16/422 DBR.No.BP.BC.103/21.04.132/2015-16 June 13, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies Securitisation Companies/ Reconstruction Companies Scheme for Sustainable Structuring of Stressed Assets In order to strengthen Read more…

By BankersClub, ago
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PSBs to reduce stake in ARCs

With the rise in Non Performing Assets of Public sector banks, Asset Reconstruction Companies (ARCs) have gained importance now a days. Various Public Sector banks are having stakes in ARC for example the largest ARC, Asset Reconstruction Company (India) Limited Read more…

By BankersClub, ago