FreeCurrencyRates.com

इंडियन आवाज़     14 Apr 2024 08:05:42      انڈین آواز

RBI announces new scheme for resolution of stressed assets

(Last Updated On: 14/06/2016)

RBIRBI has come out with a scheme for resolution of bad loans of large projects wherein a portion of the debt will be converted into equity or other instruments under supervision of Indian Banks Association, IBA’s Overseeing Committee.

In a statement, it said, the Scheme for Sustainable Structuring of Stressed Assets, S4A, will cover those projects which have started commercial operations and have outstanding loan of over 500 crore rupees.

It said, the scheme is an optional framework for resolution of large stressed accounts. RBI said, the S4A has been issued in order to further strengthen the lenders’ ability to deal with stressed assets.

It said, the scheme will help put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties. The RBI said, the S4A envisages determination of the sustainable debt level for a stressed borrower, and bifurcation of the outstanding debt into sustainable debt and equity/quasi-equity instruments. It said, these instruments are expected to provide upside to the lenders when the borrower turns around.

Leave a Reply

Your email address will not be published.

خبرنامہ

PATANJALI CASE: سپریم کورٹ نے بابا رام دیو کی معافی قبول کرنے سے انکار کر دیا۔

SOCIAL MEDIA نئی دہلی: سپریم کورٹ نے بدھ (10 اپریل 2024) کو ادویات کے ...

سپریم کورٹ نے گمراہ کن اشتہارات پر پتنجلی آیوروید اور بابا رام دیو کی سرزنش کی۔

AMN / WEB DESK سپریم کورٹ نے گمراہ کن اشتہارات کے معاملے میں منگل ...

سپریم کورٹ نے ایم پی سنجے سنگھ کو ضمانت دی، ای ڈی نے مخالفت نہیں کی۔- sanjay singh

نئی دہلی: عام آدمی پارٹی کے رکن پارلیمنٹ سنجے سنگھ کو دہلی ای ...

MARQUEE

Singapore: PM urges married Singaporean couples to have babies during year of Dragon

AMN / WEB DESK Prime Minister of Singapore Lee Hsien Loong has urged married Singaporean couples to have ba ...

Himachal Pradesh receives large number of tourists for Christmas and New Year celebrations

AMN / SHIMLA All the tourist places of Himachal Pradesh are witnessing large number of tourists for the Ch ...

Indonesia offers free entry visa to Indian travelers

AMN / WEB DESK In a bid to give further boost to its tourism industry and bring a multiplier effect on the ...

MEDIA

 Sheyphali Sharan Takes Charge as PDG of PIB

AMN Senior Information Service Officer Sheyphali B Sharan today took over the charge of Principal Director ...

Noted Journalist Zafar Agha Passes Away

Journos shocked over his demise AMN / NEW DELHI Noted journalist and and the Editor-in-Chief Nation ...

RELIGION

Mata Vaishno Devi Bhawan Decorated With Imported Flowers Ahead Of Navratri Festival

AMN In Jammu, ahead of the festivl of Navratri, Katra and Mata Vaishno Devi Bhawan is decorated with import ...

Holy Relics of Lord Buddha Return to India After Exposition in Thailand

AMN The holy relics of Lord Buddha and his disciples Arahant Sariputta and Arahant Maha Moggallana has ret ...

@Powered By: Logicsart