சொத்து புனரமைப்பு நிறுவனம் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India s much-anticipated bad bank finally takes shape

India s much-anticipated bad bank finally takes shape
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

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IDBI Bank invites bids to divest stake in Asset Reconstruction Company

IDBI Bank invites bids to divest stake in Asset Reconstruction Company
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.

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Dues by ailing firms to Centre, states extinguish if not part of resolution plan under IBC: SC

Dues by ailing firms to Centre, states extinguish if not part of resolution plan under IBC: SC
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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New ARCs will induce competition: SBI chief - The Hindu BusinessLine

New ARCs will induce competition: SBI chief February 04, 2021 The idea is to address large divergences observed in asset classification and provisioning in banks’ credit portfolios vis-à-vis RBI’s supervisory assessments The idea is to address large divergences observed in asset classification and provisioning in banks’ credit portfolios vis-à-vis RBI’s supervisory assessments× The proposed Asset Reconstruction Company (ARC)-Asset Management Company (AMC) structure for the resolution of stressed assets of banks will induce competition among ARCs, thereby shaking up the market, according to Dinesh Kumar Khara, Chairman, State Bank of India (SBI). “I am sure other ARCs will…rise to the occasion and maybe they will also re-think their strategies,” he said. There are about 28 ARCs in the country.

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