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About 15 results for "jlf"

JLF 2017: Wordscapes

THIS IS POSSIBLY my fifth visit to the Jaipur Literature Festival in the last 10 years. I exchange fond notes with those who remember JLF 2007. Salman Rushdie was there. And so was the recently crowned Man Booker Prize-winner Kiran Desai. Rushdie essayed the ... Open Magazine, 2 months ago

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JLF okays sale of Adhunik Power to Edelweiss ARC

After a lull, there may finally be some activity as far as the sale of stressed assets is concerned with banks all set to sign the deal for debt-ridden Adhunik Power. CNBC-TV18#39;S Ritu Singh gives more details.
 Money Control1 month ago

Sunil Sethi: JLF's decisive decade

Despite criticism and controversies, 'JLF At Ten' is a tour de force to contend with
 Business Standard2 months ago

British Library to host London leg of Jaipur Lit Fest

The British Library will be transformed like never before as the ZEE Jaipur Literature Festival animates its iconic spaces for the first time in celebration as part of significant 70 years of India-Britain cultural relations.Held for two days on May 20-21, ...
 Prokerala4 days ago
Rediff.com

New framework to deal with banks' toxic assets soon

While they have restructured loans, there is still question mark over the success of such a work-out The Union Cabinet might within the next few weeks consider a new framework to deal with toxic assets worth Rs 6 lakh crore in the Indian banking system, a top government official said. The proposed framework envisages legislative action through amendments to the Prevention of Corruption Act (PCA) and Banking Regulations Act to empower the banks further to tackle non-performing assets (NPAs), ...
 Rediff.com6 days ago
Sify

How India is trying to tackle its bad loans problem

MUMBAI - Reserve Bank of India Deputy Governor Viral Acharya has proposed setting up "bad bank"-type institutions to deal with the $133 billion in stressed assets accumulated by Indian banks after years of reckless lending. The proposal is similar to one by ...
 Sify4 weeks ago Factbox - How India is trying to tackle its bad loans problem  Sify1 month ago
Rediff.com

RBI may get bigger role to clean up NPA mess

Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.  The Reserve Bank of India will likely find itself at the driver’s seat in the war against bad debt -- closely monitoring big-ticket restructuring and even getting to decide the haircut to be taken by banks. These and other changes could be introduced by the end of this month by the government, formulated after a series of meetings between the central bank and finance ministry officials.   ...
 Rediff.com1 month ago

FinMin, RBI working out new mechanism to tackle NPAs

As most of the restructuring schemes have failed to turn around companies, the government and the central bank are now working on a new plan to enable banks to reduce their toxic assets and strengthen their balancesheets. Government sources told FC that as ...
 The Financial Chronicle1 month ago

NPA resolution mechanisms need more teeth: Mundra

RBI Deputy Governor S S Mundra today said there is a need to further strengthen existing stressed asset resolutions mechanisms like oversight committees and joint lenders forums (JLF). "I think we need to provide more strength to the processes, and that is ...
 Business Standard1 month ago
catchnews.com

Sector specific measures will be taken to deal with decline of NPAs, says Arun Jaitley

Union Finance Minister Arun Jaitley on 15 March, 2017 said it is a challenge to deal with the Non Performing Assets (NPAs) of the banks, which have witnessed a decline in the last quarter of the current financial year. Reiterating the core problems during his ...
 catchnews.com1 month ago
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