Sarfaesi

Apr 26, 2016 at 14:01 | Source: CNBC-TV18
Government amendments in these two acts will improve the recovery climate in the country, says HR Khan, Deputy Governor of The Reserve Bank of India.
Apr 22, 2016 at 22:27 | Source: CNBC-TV18
The finance ministry has already floated the cabinet note for these bills for inter-ministerial consultation. And CNBC-TV18 learns that the law ministry has begun examining the proposed amendments.
Apr 19, 2016 at 12:48 | Source: CNBC-TV18
Compared to the rest of the world we are growing much faster, in fact the fastest, said Finance Minister, Arun Jaitley.
Mar 16, 2016 at 17:08 | Source: PTI
The finance ministry has conveneda meeting of senior bankers of public lenders dealing withlarge loan defaults next week as part of an exercise to cleanup balance sheet of banks.
Mar 16, 2016 at 16:46 | Source: CNBC-TV18
The Kingfisher House in Mumbai that was seized by the consortium of lenders, headed by State Bank of India last year, will be auctioned on March 17. It will through an e-auction.
Mar 06, 2016 at 10:06 | Source: PTI
An expert panel will be set up shortly to devise a strategy for consolidation of public sector banks as India needs stronger lenders rather than a "numerically large number" of them, Finance Minister Arun Jaitley said.
Feb 13, 2016 at 12:50 | Source: PTI
The e-auction will be done under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.
Aug 07, 2015 at 11:12 | Source: CNBC-TV18
The bank has identified 2500 properties to be auctioned under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI).
Mar 19, 2015 at 13:17 | Source: CNBC-TV18
State Bank of India has mandated Knight Frank to sell property to an industrial house. SBI values the property at about Rs 95 crore. A total of 17 banks have exposure of Rs 7000 crore to KFA. SBI has an exposure of Rs 2000 crore.
Mar 11, 2015 at 15:40 | Source: Moneycontrol.com
Murli Industries Ltd has informed BSE that the Bank of Baroda (lead bank of the Consortium) has taken symbolic possession of Plants of the Company i.e. Solvent Extraction, Paper and Cement Plants situated at different places as per the provision of section 13(4) of the SARFAESI Act, 2002.
Messages on Sarfaesi »

hroshan75

Silver Member

4 Followers

Kingfisher Air  

before They Could do restructuring but nothing worked out. As of now around 1300 Crs has already been recovered in all Those months when SBI was Crying loud Via winding up petitions Via SARFAESI. Now, with more 2000 Crs expected To Get recovered what next in Store ? TDS and other issues

4.27 PM Jul 5th 2014

MMB Messenger

Platinum Member

349976 Followers

Other Market Topics  

Should NBFCs be brought under the SARFAESI Act?

2.26 PM Jun 15th 2014

stockguru6

New Member

9 Followers

Just Posted  

Oriental Bank of Commerce (OBC) has started the recovery process with respect to the Moser Baer dues of CMP: about Rs 430 crore and has also issued a notice to the company under the SARFAESI Act. Further, the bank plans P/E(ttm): to put Moser Baer’s assets on the block after 60-day waiting period

4.38 PM Jun 11th 2014

Neha-Diwan

Platinum Member

4286 Followers

Oriental Bank  

Oriental Bank of Commerce (OBC) has started the recovery process with respect to the Moser Baer dues of about Rs 430 crore and has also issued a notice to the company under the SARFAESI Act. Further, the bank plans to put Moser Baer’s assets on the block after 60-day waiting period if it fails

12.28 PM Jun 11th 2014

dev9939

Silver Member

223 Followers

Other Market Topics  

in Q1, see stable FY15 margin: Mindtree *OBC issues SARFAESI notice to Moser Baer over Rs 430cr dues *LIC hopes to retain market share of 82% this fiscal *LIC sees slide in new premium collection *Future lifestyle aquires 12% stake in Unico Retail *PE investments in India to reach $40 bn in 2025

7.35 PM Jun 10th 2014

dev9939

Silver Member

223 Followers

Other Market Topics  

in Q1, see stable FY15 margin: Mindtree *OBC issues SARFAESI notice to Moser Baer over Rs 430cr dues *LIC hopes to retain market share of 82% this fiscal *LIC sees slide in new premium collection *Future lifestyle aquires 12% stake in Unico Retail *PE investments in India to reach $40 bn in 2025

7.34 PM Jun 10th 2014

san_sanghav
i

Platinum Member

219 Followers

Moser Baer  

OBC issues SARFAESI notice to Moser Baer over Rs 430cr dues

6.39 PM Jun 10th 2014

deshat

Platinum Member

152 Followers

Kingfisher Air  

They Could do restructuring but nothing worked out. As of now around 1300 Crs has already been recovered in all Those months when SBI was Crying loud Via winding up petitions Via SARFAESI. Now, with more 2000 Crs expected To Get recovered what next in Store ? TDS and other issues are not That much important

8.42 PM Jun 7th 2014

deshat

Platinum Member

152 Followers

Kingfisher Air  

everyone Gives up. This is indeed an airline and I should say a Grounded one. Too many decisions/precautions/safety measures are being involved in making These airline fly aGain. Look at SBI Consortium. They have tried everything from Share Sale to HC/SC petitions from SARFAESI to Kfa House Possession

4.16 PM May 15th 2014

warmest

Platinum Member

190 Followers

Kingfisher Air  

What is the Sarfaesi Act? http://t.in.com/5HzC KFA (a borrower) has failed to repay it`s loans from banks and financial institutions and hence KFA`s properties have been annexed for auctioning. From all these can`t you understand that KFA is bankrupt

2.56 PM Apr 30th 2014

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