Tag: bad bank

Public sector banks list Rs 82,500 crore NPAs for bad bank

(This story originally appeared in on Jun 03, 2021) Public sector banks have shortlisted 28 loan accounts to be transferred to the National Asset Reconstruction...

Introduction of bad bank can make existing ARCs more effective: RBI paper

Introduction of a bad bank may help “shape the operations” of the existing asset reconstruction companies (ARCs), an RBI paper said on Monday, noting that...

With fiscal support, growth will be 6.5-7.5% by FY23: CEA

NEW DELHI: A day ahead of the presentation of the Union budget, Chief Economic Advisor KV Subramanian on Saturday said the idea of a bad...

Budget 2021: Bad banks plan back on table to tackle NPAs

New Delhi: Ahead of the budget, the government is again considering the idea of bad banks amid concerns that nonperforming loans may spike as Covid-19...

Yes Bank to trim branches, ATMs and office spaces to lower costs

Mumbai: Yes Bank has chalked out a plan to close non-performing branches and ATMs, reduce office space by moving to a revolving desk layout and...

View: Why India needs a new bad bank

State Bank of India and the Indian Banks’ Association have once again revived the proposal for a bad bank. It is not just desirable but...