| Falling asset prices slow NPA sales | 25-JUN-09 |
|
| The pace of sale of non-performing assets (NPAs) moderated in 2008-09 as asset prices declined in the aftermath of the global financial crisis, bankers said. |
|
|
|
|
|
|
|
|
|
|
|
|
| Banks step up sale of bad debt | 11-FEB-09 |
|
| As the financial year draws to a close, public sector banks have started shedding non-performing assets (NPAs) through sale to asset reconstruction companies (ARCs) and enforcement of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act. |
|
|
|
|
|
|
|
|
|
| BoI to sell NPAs worth Rs 250 cr | 04-MAR-08 |
|
| Bank of India (BoI) is planning to sell non-performing assets worth about Rs 250 crore to Asset Reconstruction Companies (ARCs) by the end of the current financial year to clean up its balance sheet |
|
|
|
| Ratings rider for ARCs` bad loan receipts | 29-MAY-07 |
|
| Asset reconstruction companies (ARCs) will have to obtain a rating for securities receipts (SR) it issues against bad loans within a year from acquisition of the assets.
|
|
|
|
|
|
|
| Deeper debt market needed: WEF | 29-NOV-06 |
|
| Further measures are needed to create liquidity in the market, including debt instruments, to stave off funding pressures
|
|
|
|
| ARCs to invest before buying bad loans | 23-SEP-06 |
|
| Asset reconstruction companies (ARCs) from now on will no longer be able to acquire bad loans from banks without making any financial investments themselves.
|
|
|
|
| Chidambaram to meet bank chiefs on Feb 6 | 03-FEB-06 |
|
| Finance minister P Chidambaram will meet chiefs of public sector banks on Monday in the run-up to the budget. Among other things, the meeting will focus on the interest rate scenario, banking sources |
|
|
|
|
|
|
|
|
|