Bank Seniority and Corporate Debt Restructuring

Author(s):  
Laurent Vilanova

Author(s):  
Gopal Prasad Agrawal ◽  
Anil Kumar Swain ◽  
Aswini Kumar Bhuyan

need to see that the level of NPAs is kept down. In spite of many fold developments, adverse development of accumulation of NPAs to place over the period, several tools / methods of managing NPAs were tried such as Lok Adalats, Debt Recovery Tribunals, SARFAESI Act, Corporate Debt Restructuring and many more. Cleaning up of the Bank Balance Sheets is essential and urgent to boost growth in coming years, independent loan review mechanism and sale of unproductive assets are some of the ways to arrest the rising NPAs. Since the quality of advances in India particularly the corporate stressed advances are quite poor and huge in comparison to other Asian Pacific emerging countries, if the NPAs are not managed properly there is every chance that the capital and reserves of Banks shall not to able to meet the losses arising on account of write off of Bad Loans.



2016 ◽  
Vol 3 (1) ◽  
Author(s):  
Sunita Sharma

The world over, Non-Performing Loans (NPLs) have been a matter of concern for depositors, bank employees and management, governments and the public at large. The concept of restructuring and rescheduling loans has existed in India for several decades. Several steps have been taken by Reserve Bank of India (RBI) to reduce the amount of NPLs and one step is Corporate Debt Restructuring (CDR). During the last few years, there has been an extraordinary rise in cases referred and reworked under CDR. RBI has come out with Strategic Debt Restructuring (SDR) mechanism, through which banks have been empowered to recover their long outstanding dues from the restructured stressed companies. This research paper explains progress report of CDR cases and SDR mechanism. It also highlights the risk, challenges attached with the implementation of SDR package and concludes.







2017 ◽  
Vol 3 (1) ◽  
pp. 516-522
Author(s):  
Kambakula Appa Rao ◽  
◽  
Dr. V. Mary Jessica ◽  


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