Stressed Assets NCLT

NARCL has bid Rs 630.67 crore to acquire over Rs 3,500 crore of stressed debt of BGR Energy Systems via a Swiss challenge auction, offering lenders 18 per cent recovery

IBBI had invited comments from the stakeholders to suggest if parts of stressed assets could be sold off instead of as a whole

The Supreme Court will hear a case filed by the power producers' association against the RBI's February 12 circular from next Tuesday

Higher provisioning will also raise capital requirement of banks; bankers differ on the extent of impact

These 28 accounts together account for 40 per cent of the system wide bad loans or worth around Rs 4 trillion