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Strategic debt restructuring News

Banks board bureau

19 Mar 2017

Vinod Rai writes to FM, PMO on bad loans, suggests roadmap

Expressing concerns over mounting bad loans, Banks Board Bureau (BBB) Chief Vinod Rai has written to Finance Minister Arun Jaitley and Prime Minister's Office underlining the tardy progress made by state-owned lenders in resolving the issue of Non Performing Assets.

Jaiprakash Associates

02 Jul 2016

Jaiprakash Associates calls board meet on Monday as banks invoke SDR

With the lenders invoking the strategic debt restructuring (SDR) option against debt-laden Japyee Group, its flagship firm Jaiprakash Associates on Saturday said it has convened a meeting of board of directors on Monday to discuss progress of divestment plans and other issues.

Reserve Bank of India

11 Dec 2015

RBI says looking at bank powers to tackle stressed assets

The Reserve Bank of India (RBI) said on Friday it would look at the way banks use regulations intended to help them tackle a crippling bad debt burden, as concerns grow that lenders are using the measures to camouflage troubled loans instead.

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