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  • Banking regulation act, Bankruptcy, modi govt notifies ordinance to amend new banking regulation act, Bad loans

    Modi Govt Notifies Ordinance To Amend New Banking Regulation Act 05 May 2017

    The Narendra Modi-led government, notified the ordinance to amend the new Banking Regulation Act, empowering the RBI and banks to start off bankruptcy proceedings against persistent defaulters. The Central Bank, as per the government’s notification, may order consent to the...

    Keywords: Bad loans, Banking regulation act, Insolvency, Bankruptcy

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    Bank, RBI, banks to have more flexible process to recover bad loans, Bad loans

    Banks to have more flexible process to recover bad loans 09 June 2015

    The Reserve Bank of India (RBI) has announced fresh guidelines to enable commercial banks to acquire a majority stake in the companies that are unable to repay loans and has come under the strategic debt restructuring (SDR) scheme. The measures...

    Keywords: corporate debt restructuring cell, strategic debt restructuring, strategic debt restructuring, corporate debt restructuring cell

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    Loans in SBI, SBI, state bank of india shares decline as bad loans increase, Bad loans

    State Bank of India Shares Decline as Bad Loans Increase 13 February 2012

    State Bank of India, the nation’s largest lender, dropped in Mumbai trading as bad loans expanded and capital buffers shrank in the third quarter. Net income climbed 15 percent to a record 32.6 billion rupees ($664 million) for the three...

    Keywords: BSE Ltd., Loans in SBI, Loans in SBI, BSE Ltd.

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