SBI offloads Rs 3,500-crore NPAs to asset reconstruction companies Manojit Saha | Mumbai April 14, 2014 Last Updated at 23:33 IST During the end of the last financial year, banks sold a large part of their non-performing assets ( NPAs) to asset ... Business Standard India, 6 days ago
Stressed asset sale picks up in FY14 - Business Standard, 6 days ago
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The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Act, 2002 [SARFAESI] Act, 2002 is a landmark legislation and potent tool in the hands of the harried creditorsSify, 1 month ago
Rajiv Ranjan In his first speech as RBI governor, Raghuram Rajan virtually anointed factoring and asset reconstruction as two pillars of India's financial infrastructure in the future, which no other governor had done. He outlined a specific ...Economic Times, 3 weeks ago Next-generation reforms to place banks on a sound footing Economic Times, 3 weeks ago
Based onThe recent news report says that faced with unprecedented levels of stressed assets (also known as NPAs or non performing assets), banks led by the country's largest lender SBI sold over Rs.10,000 crore of bad loans to asset reconstruction ...Meri News, 20 hours ago SBI offloads ₹4,000-cr bad loans to asset reconstruction companies Hindu Business Line, 2 weeks ago SBI to offload up to Rs 4,000 cr bad loans to ARCs Business Standard, 2 weeks ago SBI to sell NPAs of Rs. 40bn to ARCs India Infoline, 1 week ago
BUSINESS 7 April 2014, New Delhi, Agencies SBI has total bad assets of Rs67,799 crore. It had reported 5.73% of its assets as bad loans in the Oct-Dec quarter India's largest banker SBI is selling off its non-performing assets (NPA) of around ...Millennium Post, 2 weeks ago SBI to offload up to Rs.4,000 crore bad loans to ARCs Livemint.com, 2 weeks ago
Mumbai, Mar 19 (PTI) The Reserve Bank today allowed securitisation and reconstruction companies (SC/RCs) to use part of funds raised from investors to restructure their financial assets, however, with certain riders. The RBI decision came in the ...Press Trust of India, 1 month ago SC/RCs can use part of investors' money to restructure assets Business Standard, 1 month ago New norms for securitisation firms Hindu Business Line, 1 month ago
Bad loans on the books of listed banks have risen consistently over the past two years, largely on account of a slowing economy. Photo: Pradeep Gaur/Mint Mumbai: The Reserve Bank of India (RBI) has permitted asset reconstruction companies (ARCs) ...Livemint.com, 1 month ago ARCs to buy bad loans from sponsor banks: RBI India Infoline, 1 month ago Banks' NPAs rise to 2.8L crore in 5 years Hindustan Times, 2 weeks ago Banks cautiously optimistic on lending to small units Hindu Business Line, 3 weeks ago
Lydian International Announces Further Investment by International Finance Corporation and the European Bank for Reconstruction and Development
) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce that the Company has entered into agreements (collectively, the "Transaction Agreements") with ...4 Traders, 4 weeks ago R.G.I. International Limited Annual Financial Report 2013 ADVFN UK, 3 weeks ago Lydian International Announces Board and Management Changes MENAFN, 5 days ago LYDIAN : Announces Further Investment by International Finance Corporation and the European Bank for Reconstruction and Development 4 Traders, 4 weeks ago
Haldia Petrochemicals has managed to stay out of the purview of Board for Industrial and Financial Reconstruction (BIFR). Additionally, the company will also not become an NPA (non performing asset) of financial institutions. HPL was faced with the ...Plastemart.com, 4 days ago Haldia Petro manages to stay off BIFR Times of India, 5 days ago Lenders may offer HPL lifeline to come out of crisis Times of India, 1 month ago
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) is extending a €20 million loan to support business mortgage lending in Belarus. The loan to the Bank's long-term partner Belgazprombank (BGPB) will help domestic ...Finchannel.com, 1 month ago Helping Bulgarian farmers to become landowners Finchannel.com, 1 day ago BANK ZACHODNI WBK : The EBRD's Long Relationship With Bank Zachodni WBK 4 Traders, 3 weeks ago
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