No plan to create bad bank to resolve NPAs: Arvind Panagariya
The government does not have any immediate plans to create a bad bank to resolve the bad loans issue, Niti Aayog Vice Chairman Arvind Panagariya said on Monday.
May 29, 2017, 22:43 PM IST
Dena Bank to sell small ticket bad loans to ARCs
For the first time, mid-sized state-run Dena Bank is planning to sell small ticket non-performing assets of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.
Jul 28, 2015, 11:56 AM IST
Finance Ministry readying plan to deal with menace of bad loans
To deal with the issue of bad loans on a war footing manner, the Finance Ministry on Wednesday charted out action plans including strengthening of asset reconstruction companies (ARCs) to deal with rising NPAs.
Jun 17, 2015, 21:27 PM IST
Arcil names Vinayak Bahuguna as CEO and MD
"With the level of mounting assets under stress, challenging yet exciting times lie ahead for the asset reconstruction industry," Bahuguna said.
Jun 15, 2015, 15:31 PM IST
Dena Bank plans lower price to sell around Rs 500 cr NPAs
The bank, which is still fighting high bad loans, had put on auction Rs 400-500 crore of stressed assets in the last quarter for asset reconstruction companies (ARCs).
Apr 05, 2015, 13:38 PM IST
New RBI norms to help orderly development of ARCs
The recent Reserve Bank guidelines on asset reconstruction companies (ARCs) will result in greater alignment of interest between these companies and other investors, which in turn will lead to an orderly development of the sector, says a report.
Aug 17, 2014, 20:49 PM IST
