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Resolving bad loans

It requires empowering bankers, not more institutions. Last week, Reserve Bank of India (RBI) Deputy Governor Viral V Acharya suggested yet another way of resolving the bad debt problem stifling the banking sector. He proposed the creation of two asset management companies — one private and another quasi-government — instead of a single “bad bank”.

Resolving bad loans

It requires empowering bankers, not more institutions. Last week, Reserve Bank of India (RBI) Deputy Governor Viral V Acharya suggested yet another way of resolving the bad debt problem stifling the banking sector. He proposed the creation of two asset management companies — one private and another quasi-government — instead of a single “bad bank”.

BAD BANK

What has the Economic Survey recommended?  A Public Asset Rehabilitation Company (PARA) –also known as “BAD BANK” which would control the bad loans in the Indian banking system.   In India, there are many Asset Reconstruction Companies (ARCs).  So what is the difference with this introduction?  It is interesting indeed.  Let us see below: PARA will

BAD BANK

What has the Economic Survey recommended?  A Public Asset Rehabilitation Company (PARA) –also known as “BAD BANK” which would control the bad loans in the Indian banking system.   In India, there are many Asset Reconstruction Companies (ARCs).  So what is the difference with this introduction?  It is interesting indeed.  Let us see below: PARA will

SOLVENCY POSITION OF GOVERNMENT BANKS

On analyzing the 23 Government Banks of the country, it is observed, that the solvency ratio (which is the ratio of the banks’ net non performing assets or NPA to that of their Net worth) has now gone upto 63.1 per cent at the end of last quarter which was at 60.9 per cent at

SOLVENCY POSITION OF GOVERNMENT BANKS

On analyzing the 23 Government Banks of the country, it is observed, that the solvency ratio (which is the ratio of the banks’ net non performing assets or NPA to that of their Net worth) has now gone upto 63.1 per cent at the end of last quarter which was at 60.9 per cent at

AIRTEL PAYMENT BANK: TELEVISION CAMPAIGN

Television campaign is the innovative strategy by Airtel Payments Bank which commenced its operations in January this year.  The bank has titled it as BANK HAI PAR ALAG HAI, which highlights as to how their activities differ from General Banking, meaning that they are bringing digital banking closer to its customers. The special features of

AIRTEL PAYMENT BANK: TELEVISION CAMPAIGN

Television campaign is the innovative strategy by Airtel Payments Bank which commenced its operations in January this year.  The bank has titled it as BANK HAI PAR ALAG HAI, which highlights as to how their activities differ from General Banking, meaning that they are bringing digital banking closer to its customers. The special features of

SBI And Subsidiaries Merger

State Bank of India, has requested for at least 30 days’ time from the announcement of the effective date of merger of associate banks for consolidation of their books.  Thus the merger of SBI with its five subsidiaries, may be carried over to the next financial year ie., 2018. Meanwhile, the Cabinet has approved the

SBI And Subsidiaries Merger

State Bank of India, has requested for at least 30 days’ time from the announcement of the effective date of merger of associate banks for consolidation of their books.  Thus the merger of SBI with its five subsidiaries, may be carried over to the next financial year ie., 2018. Meanwhile, the Cabinet has approved the