Ten years into its centenary year, RBI is at its historic 90 years of existence with its professionalism and commitment towards the Indian Banking System.
How bad bank model of ARC, AMC would work to manage NPAs
The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more problems than they serve
Hari Hara Mishra | March 8, 2021 | Updated 19:10 IST
Just making a mega NPA corporation procure NPAs from banks at a price remunerative to them can only be a pain killer, not the cure
Four years back, the Economic Survey mentioned the need for creation of the Public Sector Asset Rehabilitation Agency (PARA) to solve the twin balance sheet problems of overleveraged companies and bad-loan-encumbered banks.
At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue
CEA K V Subramanian makes strong case for setting up private sector bad bank to deal with NPAs telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Read more about CEA Subramanian pitches for private sector led bad bank to deal with NPAs on Business Standard. Subramanian made a case for setting up of a bad bank led by pvt sector to deal with financial sector NPAs which may see a surge once regulatory forbearance to deal with Covid impact is withdrawn