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Tag "Stressed Assets"

RBI issues new circular on resolution of stressed assets

RBI issues new circular on resolution of stressed assets

🕔22:53, 7.Jun 2019

Mumbai, June 7 (IANS) The Reserve Bank of India on Friday issued a revised framework for resolution of stressed assets allowing lenders to start resolution process within 30 days of default. The circular comes after the Supreme Court in April struck

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Stressed Assets: CAN CRISIS BE AVERTED?…

Stressed Assets: CAN CRISIS BE AVERTED?…

🕔10:45, 16.Jun 2016

Stressed Assets CAN CRISIS BE AVERTED? By Dhurjati Mukherjee  The Government has decided to empower and protect State-owned banks to make commercially prudent settlements in cases of stressed assets. This was underscored by Finance Minister Jaitley recently after a high

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