Tough standards hamper India's NPL disposal efforts.

• Autores: Brian Yap
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 34 (8/29/2016), 2016, págs. 4-4
• Idioma: inglés
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• Resumen

  • The article examines how tough standards are hampering India's effort to dispose of non-performing loans (NPL). Topics covered include how the Reserve Bank of India (RBI) has issued an ultimatum to all public banks to remove growing volumes of bad loans from their debt portfolios by March 31, 2017 and its release of the standard strategic debt-restructuring scheme based on the idea that defaulting companies need to be restructured.