Resolution of Stressed Assets by Banks

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....esolution of Stressed Assets by Banks <br>News and Press Release<br>Dated:- 18-3-2017<br><BR>Total Stressed Assets (Gross Non Performing Assets and Restructured Standard Advances) of Scheduled Commerc....

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....ial Banks (SCBs) was &#8377; 9.64 lakh crore as on Dec 31, 2016 and Reduction in NPAs- due to actual recoveries (April to Dec) for SCBs are &#8377; 46,245 crore at the end of Dec 31, 2016 for global o....

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....perations. RBI has provided a number of resolution tools viz. Corporate Debt Restructuring (CDR), Formation of Joint Lenders' Forum (JLF) including rectification, restructuring and recovery, Flexible....

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.... 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). The Gover....

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....nment has taken sector specific measures (Infrastructure, Power, Road, textiles, Steel etc.) where incidence of NPA is high. The Insolvency and Bankruptcy code (IBC) has been enacted and Securitizatio....

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....n and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) and The Recovery of Debts due to Banks and Financial Institutions (RDDBFI) Act have been amended to improve....

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.... resolution/recovery of bank loans. Six new Debt Recovery Tribunals (DRTs) have been established for improving recovery. This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Minist....

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....ry of Finance in written reply to a question in Lok Sabha.<BR> News - Press release - PIB....