Reform in Banks: Government working on a four-pronged strategy to improve the health of the Banking Sector https://www.taxtmi.com/news?id=20369 Government policy addresses banking-sector asset stress through a four-pronged strategy of recognition, resolution, recapitalisation and reform: stricter non-performing loan recognition, expedited resolution supported by the bankruptcy framework, a government recapitalisation programme to restore bank capital, and institutional reforms to strengthen systemic resilience; these measures, together with improving corporate profits, are expected to support gradual recovery of bank health. en-us Fri, 03 Aug 2018 18:14:45 +0530 Fri, 03 Aug 2018 18:14:45 +0530 TaxTMI RSS Generator Reform in Banks: Government working on a four-pronged strategy to improve the health of the Banking Sector https://www.taxtmi.com/news?id=20369 Government policy addresses banking-sector asset stress through a four-pronged strategy of recognition, resolution, recapitalisation and reform: stricter non-performing loan recognition, expedited resolution supported by the bankruptcy framework, a government recapitalisation programme to restore bank capital, and institutional reforms to strengthen systemic resilience; these measures, together with improving corporate profits, are expected to support gradual recovery of bank health. News - Fri, 03 Aug 2018 18:14:45 +0530 https://www.taxtmi.com/news?id=20369