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Twin Balance Sheet problem relating to over leveraged companies and bad loans accumulation in banks
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....win Balance Sheet problem relating to over leveraged companies and bad loans accumulation in banks <br>News and Press Release<br>Dated:- 10-3-2017<br><BR>Government and Reserve Bank of India have take....
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....n various measures to address the Twin Balance sheet problem relating to over leveraged companies and bad loans accumulation in banks. The Government has taken sector specific measures (Infrastructure....
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...., Power, Road, Textiles, Steel etc.) where incidence of NPA is high. The Insolvency and Bankruptcy Code (IBC) has been enacted and Securitization and Reconstruction of Financial Assets and Enforcement....
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.... of Security Interest Act (SARFAESI) and the Recovery of Debts due to Banks and Financial Institutions (RDDBFI) Act have been amended to improve resolution / recovery of bank loans. Six new Debt Recov....
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....ery Tribunals (DRTs) have been established for improving recovery. RBI has provided a number of tools in this regard - Corporate Debt Restructuring (CDR), Formation of Joint Lenders' Forum (JLF), Flex....
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....ible Structuring for long term project loans to Infrastructure and Core Industries (5/25 Scheme), Strategic Debt Restructuring Scheme (SDR) and Sustainable Structuring of Stressed Assets (S4A). This ....
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....was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....