https://www.taxtmi.com/news?id=16996 Public Sector Banks reported total advances and a substantial Gross Non-Performing Assets stock with the number and amount of NPA accounts quantified; to improve recovery and resolution, authorities have enacted the Insolvency and Bankruptcy Code, amended SARFAESI and the RDDBFI Act, established additional Debt Recovery Tribunals, and the central bank has authorised tools such as Corporate Debt Restructuring, Joint Lenders' Forums, the 5/25 restructuring scheme, Strategic Debt Restructuring, and Sustainable Structuring of Stressed Assets. en-us Tue, 29 Nov 2016 17:58:41 +0530 Tue, 29 Nov 2016 17:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16996 Public Sector Banks reported total advances and a substantial Gross Non-Performing Assets stock with the number and amount of NPA accounts quantified; to improve recovery and resolution, authorities have enacted the Insolvency and Bankruptcy Code, amended SARFAESI and the RDDBFI Act, established additional Debt Recovery Tribunals, and the central bank has authorised tools such as Corporate Debt Restructuring, Joint Lenders' Forums, the 5/25 restructuring scheme, Strategic Debt Restructuring, and Sustainable Structuring of Stressed Assets. News - Tue, 29 Nov 2016 17:58:41 +0530 https://www.taxtmi.com/news?id=16996