https://www.taxtmi.com/news?id=21469 An Asset Quality Review in 2015 led to transparent recognition of stressed accounts as NPAs and increased provisioning; the Government's 4R strategy combined legal reforms-notably the Insolvency and Bankruptcy Code, amendments to the Banking Regulation Act and SARFAESI framework-with institutional measures such as Stressed Asset Management Verticals, specialised monitoring and One Time Settlement platforms to accelerate resolution and recovery, after which RBI provisional data show a decline in PSB gross NPAs and significant recoveries over four years. en-us Tue, 25 Jun 2019 09:16:29 +0530 Tue, 25 Jun 2019 09:16:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21469 An Asset Quality Review in 2015 led to transparent recognition of stressed accounts as NPAs and increased provisioning; the Government's 4R strategy combined legal reforms-notably the Insolvency and Bankruptcy Code, amendments to the Banking Regulation Act and SARFAESI framework-with institutional measures such as Stressed Asset Management Verticals, specialised monitoring and One Time Settlement platforms to accelerate resolution and recovery, after which RBI provisional data show a decline in PSB gross NPAs and significant recoveries over four years. News - Tue, 25 Jun 2019 09:16:29 +0530 https://www.taxtmi.com/news?id=21469