SBI gets approvals for setting up 'bad bank': All you need to know
SBI has received approvals for setting up National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL).
Jan 28, 2022, 23:36 PM IST
Cabinet clears proposal for govt guarantee for bad bank: Nirmala Sitharaman
The Union Cabinet has cleared a proposal to provide Rs 30,600 crore government guarantee for security receipts issued by the National Asset Reconstruction Company (NARCL).
Sep 16, 2021, 17:39 PM IST
Time to bite the bullet to resolve NPA problem: Parekh
Amid a debate on need for a 'bad bank' to tackle mounting NPAs, eminent banker Deepak Parekh has said "it is time to bite the bullet" but cautioned against any such move being seen as a government bailout using the taxpayers' money.
Mar 16, 2017, 18:40 PM IST
NPA formation showing declining trend in March quarter: FM Jaitley
The rate of rise in bank's non- performing assets has slowed down in the March quarter and the steel sector has started showing signs of improvement, Finance Minister Arun Jaitley said on Wednesday.
Mar 15, 2017, 17:32 PM IST
Govt must bail out troubled big borrowers at time: CEA Arvind Subramanian
The government needs to bail out large corporate borrowers at times in a capitalist system though it may lead to charges of cronyism, Chief Economic Adviser Arvind Subramanian has said, while supporting the idea of a 'national bad bank'.
Mar 14, 2017, 15:19 PM IST
'Bad bank' to speed up stressed assets resolution: Fitch
Setting up of a 'bad bank' can accelerate the resolution of stressed assets in the banking sector but that would also require a credible capital infusion plan by the government, Fitch Ratings said on Friday.
Feb 24, 2017, 12:07 PM IST
Govt mulls a bank to deal with bad loans
The government is looking at a proposal to set up a bank or a company to deal with the burgeoning bad loans of state-owned banks, even as the views on the issue are "vertically divided".
Feb 17, 2016, 17:20 PM IST
