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Canada Goose Jackets May 22, 2020 07:50 AM IST Why a government controlled bad bank is not a good idea A bad bank is essentially an entity which bundles together all the bad assets in the banking industry, buys it at a discounted price from banks and tries to find buyers by putting a turnaround plan in placeMay 13, 2020 09:12 PM IST Business Insight What is a bad bank and can it resolve the NPA problem? With the economy facing a downturn and recovery looks difficult, banks wants to take the bad loans off the balance sheetsMay 12, 2020 03:12 PM IST ‘Bad bank’ is back on the table: But where are the buyers for stressed assets? In the absence of a strong turnaround plan, the bad bank plan can backfire since this will be only transferring the risky assets in the banking system from one place to the other.Jun 11, 2018 07:08 PM IST Why creating a ‘bad bank’ is a better idea than simply throwing money at PSBs Sweden, Finland and Ireland have all used bad banks to help end financial crises. In Asia, South Korea and China had resorted to creation of bad banks as wellMay 03, 2017 03:29 PM IST PMO agrees with idea of bad bank; looks to create a strong asset restructuring co: Srcs Sources tell CNBC Awaaz that the prime minister’s office (PMO) agrees with Arvind Subramanian, Chief Economic Advisor ’s idea of a creating a bad bank to deal with non performing assets (NPAs) ailing India’s public sector banks (PSBs).Mar 29, 2017 02:17 PM IST NPA issue is India’s No.1 macroeconomic challenge: Arvind Subramanian The Chief Economic Advisor said that in any democratic political system, it is difficult to write down debts which favour the private sector.Mar 28, 2017 01:50 PM IST Bad bank needs to be empowered, capitalised to tackle NPAs: Vinod Rai Vinod Rai, Chairman of the Banks Board Bureau, said that while bad banks had been a success in Spain and Indonesia, its success in India would depend on appointing qualified personnel to take a call on valuations.Mar 27, 2017 11:43 AM IST NPA resolution: Banks may have to take some haircuts, say experts More than speculating on what the exact mechanism would be it is the important to find a resolution for bad loans whatever the mechanism, said PK Gupta, MD, SBI.Mar 26, 2017 03:15 PM IST Parliamentary Panel for amending laws to disclose loan defaulters’ names A parliamentary panel has asked the Finance Ministry to amend banking laws, including SBI Act, to provide for disclosure of names of loan defaulters by banks to tackle the menace of mounting NPAs.Mar 23, 2017 09:03 PM IST Arun Jaitley on why GST bills must be passed in current Parliament session Finance Minister Arun Jaitley said in the Rajya Sabha that the government is keen to roll out the GST on July 1 and other aspects like bringing petroleum and land under its ambit will be considered after the first year of implementation of the new system of indirect tax collection.Mar 20, 2017 08:50 PM IST Bad bank a possible solution for resolution of NPA: HSBC India’s Stuart Milne In an interview to CNBC TV18’s Latha Venkatesh, Stuart Milne, Group General Manager CEO HSBC India, said, “Creating a bad bank is one possible solution for resolution of non performing assets (NPA’s)”. He says, India needs a strong banking system to fund growth.Mar 15, 2017 03:27 PM IST MPs for bad bank, ask parliamentary panel to take steps to boost credit growthMar 10, 2017 10:32 PM IST Jaitley, Patel brainstorm ways for faster resolution of NPAs Jaitley had called the meeting to deliberate on options on resolution of stressed assets in the banking sector.Mar 01, 2017 09:39 PM IST Don’t expect lending rates to fall further: ICICI’s Kochhar Speaking to CNBC TV18, Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank, said a large part of the lending rates cut had already happened.Feb 26, 2017 05:32 PM IST IL Lone Star Funds to invest in stressed assets American private equity firm Lone Star Funds and India’s infrastructure financing company IL will jointly invest $550 million in stressed infrastructure projects in India.Feb 24, 2017 11:54 AM IST ‘Bad bank’ to speed up stressed assets resolution: Fitch The country’s banks have significant asset quality problems that are putting pressure on profitability and capital, as well as constraining their ability to lend, the ratings agency said Canada Goose Jackets.

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