Reform in Banks: Government working on a four-pronged strategy to improve the health of the Banking Sector

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reform in Banks: Government working on a four-pronged strategy to improve the health of the Banking Sector - News and Press Release Dated:- 3-8-2018 - News - Government has taken note of Standard .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Poor s (S P) Global Ratings, a prominent global rating agency, which states, inter-alia, that the worst is almost over for India s banks . It further states that India is at the tail-end of its bad-l .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oan recognition problem as a stringent non-performing loan recognition coupled with tighter yet faster resolution under India s new bankruptcy law and rebounding corporate profits, will help banks gra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dually recover from a protracted bad-debt cycle and the Government s ongoing recapitalisation programme of ₹ 2.1 lakh crore will help shore up depleted capital positions of the banks. It also st .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ates that the Government is working on a four-pronged strategy to improve the health of the banking sector: recognition, resolution, recapitalisation and reform ( 4Rs ), and that their stable outlook .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on the banks reflect their view that the 4Rs and other initiatives taken by the Government and RBI will strengthen the banking system over the next couple of years. This was stated by Shri Shiv P .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ratap Shukla, Minister of State for Finance in a Written Reply to a Question in Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanageme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ntindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X