TMI BlogTwin Balance Sheet problem relating to over leveraged companies and bad loans accumulation in banksX X X X Extracts X X X X X X X X Extracts X X X X ..... Twin Balance Sheet problem relating to over leveraged companies and bad loans accumulation in banks X X X X Extracts X X X X X X X X Extracts X X X X ..... en 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 (Infrastructur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e, 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 Enforcemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t 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 Reco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... very 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), Fle ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xible 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. X X X X Extracts X X X X X X X X Extracts X X X X
|