Mostly, companies themselves have filed petitions to restructure themselves
Directive follows an RBI circular that asked banks to disclose divergence in asset classification
Alibaba-owned site offers customers in China distressed debt at hefty prices
In mid-June, the RBI wanted 12 select cases of bad loans be fast-tracked at NCLT
The RBI identified 12 biggest defaulters to initiate bankruptcy proceedings on Tuesday
Last month, the govt tweaked its laws to help tackle a record $150 bn in troubled bank debt
No timelines specified but there is a definite sense of urgency
Reserve Bank action plan to expand role of rating agencies
Resource constraints at ARCs is also another prime reason for the dip in the sales
SBI's gross NPAs in December 2016 were at Rs 1.08 lakh crore, an increase by 48.6% from Rs 72,792 cr
Ministry argues entity's debt should be serviced by internal resources; govt should not pay for them
Public sector banks' gross bad loans stood at Rs 5,02,068 crore at the end of 2015-16
RBI Deputy Governor Viral Acharya has proposed setting up 'bad bank'
It was hearing the PIL that said about Rs 40,000 crore of corporate debt was written off in 2015
Vinod Rai says banks not doing enough to clean up the NPA mess
The Sarfaesi Act creates a central registry to maintain records of transactions related to secured assets
Shares of indebted companies gained as the new scheme proposed by the RBI will ease debt repayment period and ease the capital structure, said analysts
He added Indian Banks' Association would meet on Monday to discuss a mechanism to handle such settlements
He said India's state-owned banks need to merge into half a dozen well-capitalised institutions that can underwrite economic growth
To look into various issues related to NPAs and ways to rein them