stressed assets
Bad loans ordinance: RBI gets powers for 'clean banks'
With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.
How RBI, banks will tackle Rs 6 lakh crore NPAs
Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.
Govt to help banks resolve Rs 6 lakh cr bad loans
Govt may bring in amendment in Banking Regulation Act or issue an ordinance to empower RBI.
Fin Min calls banks to discuss new facility to drain cash
Standing Deposit Facility aims to drain surplus cash at a rate lower than repo rate without need for any collateral.
Arun Jaitley chairs high-level meet on bank NPAs
As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.
How govt is trying to tackle $133 billion bad loans
RBI deupty governor moots 'bad bank'-type institutions to deal with $133 bn in stressed assets of banks.
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