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About 3 results for "ashvin parekh"

HDFC-Max Life merger likely to go through in some form, says A...

As far as the regulatory approval is concerned when two insurance companies registered under the Act come with a scheme to merge, then the regulator will examine and he has all the authority to examine that merger, said Ashvin Parekh. Money Control, 1 month ago

2 images for "ashvin parekh"

Money Control, 1 month ago
India Today, 6 months ago
Rediff.com

12 bank accounts and Rs 1.78 lakh crore bad debt

The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore The Reserve Bank of India (RBI) on Tuesday said its internal advisory committee (IAC) had identified 12 accounts that covered about 25 per cent of the banking system’s non-performing assets for immediate resolution under the Insolvency and Bankruptcy Code. The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore, which means the 12 accounts would be responsible for about Rs ...
 Rediff.com2 weeks ago
Rediff.com

NPA war: Bankers welcome new powers to RBI, but...

Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies? With the central government giving more powers to the Reserve Bank of India (RBI) on handling loans gone or going bad, and the latter coming down heavily on banks that delay on the resolution process, there is a new expectation among bankers. They are hopeful that loan recovery would see a radical change. However, important questions do also remain, that will have to ...
 Rediff.com1 month ago
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