Search For "bad bank"
All approvals granted for setting up 'Bad Bank': SBI Chairman
Updated : 4 years, 4 months ago IST
Mumbai [India], January 28 (ANI): State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up the National Asset Reconstruction Company or what is popularly called a 'bad bank' has been granted, including by the Reserve Bank of India.
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Union Bank to pick up 9 pc stake in NARCL
Updated : 4 years, 11 months ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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Once a sprawling conglomerate, China's biggest 'bad bank' stumbling with m
Updated : 5 years ago IST
Hong Kong, May 19 (ANI): Once a sprawling Chinese financial conglomerate that had the trust of foreign investors -- Huarong -- is now under more than USD 40 million debt to domestic and overseas investors and is even showing signs of stumbling.
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RBI awaiting formal proposal on 'bad bank' from govt
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank is awaiting a formal proposal on the proposed bad bank.
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 5 years, 4 months ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Reject proposal to create 'bad bank': Yechury tells PM Modi
Updated : 8 years, 9 months ago IST
New Delhi [India], Oct 5 (ANI): CPI (M) general secretary Sitaram Yechury on Tuesday requested Prime Minister Narendra Modi to act aggressively upon the recovery of bad loans on priority.
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