November 27, 2018 08:49 AM IST SBI, Bank of Baroda, Dena Bank and Andhra Bank will sell a large part of their NPAs to accounts undergoing resolution at various insolvency courts
September 17, 2018 04:45 PM IST The sale process also comes after the Supreme Court, last week, asked banks to not proceed with the insolvency process for assets in the power, shipping, textile and sugar sectors
March 19, 2018 02:11 PM IST 
November 21, 2017 06:00 PM IST In an exclusive interview with Moneycontrol's Beena Parmar, Bahuguna believes there should be a greater scope for new investors to enter and provide additional funding to companies under the IBC.
May 24, 2017 08:31 PM IST Kolkata-based Adhunik Power & Natural Resources Ltd is the largest account, where the bank is looking to sell loans worth Rs 807 crore and equity worth close to Rs 200 crore.
March 23, 2017 05:25 PM IST The Economic Survey of this year recommended a ‘bad bank’ to kickstart the resolution of non-performing loans in the banking industry. However, this is not a definite solution for the system, believes Suresh Ganpathy of Macquarie Capital Securities India.
March 20, 2017 11:27 AM IST The government will further infuse around Rs 8,000 crore into 10 weak public sector banks in the current fiscal as it needs to meet up with set targets for the current fiscal.
March 08, 2017 03:53 PM IST Speaking to CNBC-TV18, Manisha Girotra of Moelis India said that India urgently needs capital and restructuring of stressed assets should be undertaken through any means possible.
November 05, 2016 03:40 PM IST Making a strong case for expeditious adjudication of debt recovery cases, Finance Minister Arun Jaitley today said the doctrine of natural justice of giving opportunity to defaulters to defend themselves need not be carried to an "unnatural extent".
July 27, 2016 07:00 PM IST Speaking to CNBC-TV18 after Yes Bank reported its quarterly earnings, MD and CEO Rana Kapoor says sectors like agri, renewable energy and small and medium enterprises (SME) are witnessing good credit growth.
November 08, 2015 05:30 PM IST The report said in closed trusts, ARCs have recovered only 30 percent of the acquired principal in SME assets and nearly half of the acquired principal in large corporate assets.
November 05, 2015 11:14 AM IST According to average of estimates of analysts polled by CNBC-TV18, profit is seen rising 15.5 percent year-on-year to Rs 3,581 crore and net interest income may increase 6.21 percent to Rs 14,099 crore in July-September quarter.
October 30, 2015 10:21 AM IST The bank's slippages in the second quarter stood at Rs 775 crore, while it sold loans worth Rs 750 crore to Asset Reconstruction Companies (ARCs). Recoveries or upgrades for the period under review stood at Rs 520 crore
July 17, 2015 10:43 AM IST Rajnish Kumar, MD of SBI, says the 5:25 scheme can also help reduce stress on banks. The 5:25 scheme allows banks to extend loans for a longer period of time for infrastructure projects, typically 20-25 years, in a bid to match cash flow of these projects. It can refinance them every 5 or 7 years.
July 17, 2015 09:00 AM IST The decision has been taken following recommendations made by the Technical Committee on Facilities and Services to the Exporters.
May 22, 2015 09:43 PM IST The state-owned bank‘s CDR restructuring pipeline currently stands at Rs 2,625 crore.
May 21, 2015 10:57 AM IST Key factors to watch out for are slippages from restructured book. Fresh resturcing is seen to be at Rs 5500- Rs 6000 crore in Q4. Fresh restructuring could be higher due to forbearance ending.
May 11, 2015 10:25 AM IST Diwakar Gupta, former MD & CFO of SBI, said the primary reason behind the poor show on the NPL front is the fact that not much has changed on the ground for PSU banks. Public sector banks need to track credit better to control gross NPLs, he added.
February 24, 2015 09:59 PM IST RBI on Tuesday said asset reconstruction companies (ARCs) will have to take its approval for change in shareholding pattern beyond 10 percent to safeguard interest of investors.
June 12, 2013 08:52 AM IST The Reserve Bank of India (RBI) is planning to add momentum to the lacklustre stress loan sales market wherein banks dispose off their non-performing loans to the asset reconstruction companies (ARCs).
October 08, 2012 03:58 PM IST Escalating bad loans have not yet made a strong case for banks to sell their distressed portfolios to asset reconstruction companies (ARCs). Almost every such company is struggling to get business from banks, whose repeated assurance does not translate into action. The bane of contention is the pricing issue.
March 09, 2012 01:56 PM IST A high-powered advisory committee headed by Alok Nigam, joint secretary in the department of financial services has recently submitted its recommendations on policy changes for Asset Reconstruction Companies, which have not gained momentum even 10 years on since inception. The RBI and the central government has to now decide on the report.
