Vinod Rai writes to FM, PMO on bad loans, suggests roadmap
Expressing concerns over mounting bad loans, Banks Board Bureau (BBB) Chief Vinod Rai has written to Finance Minister Arun Jaitley and Prime Minister's Office underlining the tardy progress made by state-owned lenders in resolving the issue of Non Performing Assets.
Mar 19, 2017, 11:53 AM IST
Jaiprakash Associates calls board meet on Monday as banks invoke SDR
With the lenders invoking the strategic debt restructuring (SDR) option against debt-laden Japyee Group, its flagship firm Jaiprakash Associates on Saturday said it has convened a meeting of board of directors on Monday to discuss progress of divestment plans and other issues.
Jul 02, 2016, 18:52 PM IST
RBI says looking at bank powers to tackle stressed assets
The Reserve Bank of India (RBI) said on Friday it would look at the way banks use regulations intended to help them tackle a crippling bad debt burden, as concerns grow that lenders are using the measures to camouflage troubled loans instead.
Dec 11, 2015, 18:33 PM IST
