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TMI BlogReform in Banks: Government working on a four-pronged strategy to improve the health of the Banking SectorX X X X Extracts X X X X X X X X Extracts X X X X ..... Reform in Banks: Government working on a four-pronged strategy to improve the health of the Banking Sector X X X X Extracts X X X X X X X X Extracts X X X X ..... Poor's (S&P) Global Ratings, a prominent global rating agency, which states, inter-alia, that "the worst is almost over for India's banks". It further states that India is at the tail-end of its bad- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... loan recognition problem as a stringent non-performing loan recognition coupled with tighter yet faster resolution under India's new bankruptcy law and rebounding corporate profits, will help banks gr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adually recover from a protracted bad-debt cycle and the Government's ongoing recapitalisation programme of ₹ 2.1 lakh crore will help shore up depleted capital positions of the banks. It also s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tates that the Government is working on a four-pronged strategy to improve the health of the banking sector: recognition, resolution, recapitalisation and reform ("4Rs"), and that their stable outlook ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the banks reflect their view that the "4Rs" and other initiatives taken by the Government and RBI will strengthen the banking system over the next couple of years. This was stated by Shri Shiv Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... atap Shukla, Minister of State for Finance in a 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
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