Stressed Accounts

NARCL, PSBs should work to expedite on-boarding of stressed accounts: FM

The Finance Minister, during the review meeting, also asked the banks to put more effort into recovery from accounts declared as fraud and wilful default while also monitoring early warning signals

Stressed accounts of Rs 2,500 cr identified for bad bank: Indian Bank

The bank's managing director and chief executive officer Shanti Lal Jain has said that out of the total eight accounts that were identified in the first phase, three were already resolved

The other side of IBC

Any restructuring of stressed accounts outside the IBC would not look credible till the performance of PSBs improves

Stressed infrastructure accounts see little hope in new RBI norms

The resolution effort may find itself in a conundrum where most road companies may not need it, and power companies may not benefit, say experts

Kamath committee suggestions are a good start for resolving a big problem

The exclusion of non-bank finance companies (NBFCs) is interesting, as this is sector is heavily leveraged and could face the same problem as banks from their clients

Stressed assets

PSBs will need capital to finance economic revival

Letter to BS: It may be prudent to wait before setting up the bad bank

At this stage we don't really know the real extent of stressed assets created by this scourge

SBI to hold mega e-auction for 1,000 stressed assets to recover dues

The bank published the advertisement for the proposed auction in newspapers as well as the social media

No stressed asset of MSME to be declared NPA till Mar 31, 2020: Sitharaman

State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit