https://www.taxtmi.com/news?id=21671 Public sector banks report strengthened recovery and balance sheet metrics following a 4R strategy-recognition of NPAs, resolution and value recovery, recapitalisation, and reforms. The Insolvency and Bankruptcy Code has altered creditor-debtor relations, barred wilful defaulters from resolution, and enabled court approved resolution plans. Banks use empanelled valuers for valuations. Operational reforms include board approved loan policies with pre disbursement clearances, third party data due diligence, segregation of sanction and monitoring functions for large loans, specialised monitoring agencies, and online one time settlement platforms, yielding reduced gross NPAs, higher provision coverage and improved regulatory capital compliance. en-us Wed, 10 Jul 2019 10:15:14 +0530 Wed, 10 Jul 2019 10:15:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21671 Public sector banks report strengthened recovery and balance sheet metrics following a 4R strategy-recognition of NPAs, resolution and value recovery, recapitalisation, and reforms. The Insolvency and Bankruptcy Code has altered creditor-debtor relations, barred wilful defaulters from resolution, and enabled court approved resolution plans. Banks use empanelled valuers for valuations. Operational reforms include board approved loan policies with pre disbursement clearances, third party data due diligence, segregation of sanction and monitoring functions for large loans, specialised monitoring agencies, and online one time settlement platforms, yielding reduced gross NPAs, higher provision coverage and improved regulatory capital compliance. News - Wed, 10 Jul 2019 10:15:14 +0530 https://www.taxtmi.com/news?id=21671