Banks would be able to sell stressed assets to special purpose entities that issue securitisation notes for investors to buy.
January 27, 2023Under the new framework, ARCs can act as resolution applicants under the Insolvency and Bankruptcy Code.
October 17, 2022Special situation funds can invest in stressed loans, security receipts issued by ARCs, or securities of distressed investee companies.
February 4, 2022India's new National Asset Reconstruction Company will acquire stressed assets through the issuance of tradeable security receipts guaranteed by the government.
September 20, 2021The impacts of the second wave of the Covid-19 pandemic have been visible in the real estate sector, the RBI said. It is also monitoring stressed assets in the banking sector.
August 9, 2021The new reporting policy will enable the central bank to monitor NBFI lending more closely and ensure provisions are being adequately maintained.
August 5, 2021The bad bank will be 51% owned by public sector banks. The remaining shares will be owned by private sector lenders.
July 21, 2021The RBI has set up an expert panel that will review the role of asset reconstruction companies in the resolution of stressed assets.
April 22, 2021SEBI has relaxed pricing rules for preferential issues to make it easier for listed companies to raise new funds. Similar relaxations for stressed companies were also announced.
June 27, 2020The draft frameworks will make it easier for banks and other lenders to remove loans from their books amid increasing asset quality and liquidity pressures.
June 9, 2020