Sale of Non Performing Assets (NPAs) to Asset Reconstruction in India

During the recent past, banks in India are found to be eager to sell NPAs to Asset Reconstruction Companies (ARCs). Sale of NPAs to ARCs is expected to pick up in the coming years. But there are several issues associated with their overall working. These relate to capital augmentation, liquidity ma...

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Bibliographic Details
Main Author: Kaveri, V S
Format: Article
Language:English
Published: 2015
Subjects:
India
Security Receipts
Npas
Non Performing Assets
Arcs
Asset Reconstruction Companies
LEADER 01263nab a22001937a 4500
008 160615b2015 xxu||||| |||| 00| 0 eng d
100 |a Kaveri, V S 
245 |a Sale of Non Performing Assets (NPAs) to Asset Reconstruction in India  |c An Overview / Kaveri, V S. 
260 |c 2015 
300 |a 226 - 234 
520 |a During the recent past, banks in India are found to be eager to sell NPAs to Asset Reconstruction Companies (ARCs). Sale of NPAs to ARCs is expected to pick up in the coming years. But there are several issues associated with their overall working. These relate to capital augmentation, liquidity management to honor redemption of Security Receipts (SRs) timely, improving loan recovery with the existing legal framework, cost control etc. To resolve these issues, though RBI and Government of India have taken several initiatives, much needs to be done to make ARCs stronger. In this backdrop, the article attempts to make an overview of the working of ARCs, identifies issues and offer suggestions. 
650 |a India 
650 |a Security Receipts 
650 |a Npas 
650 |a Non Performing Assets 
650 |a Arcs 
650 |a Asset Reconstruction Companies 
773 |a Journal of Commerce & Management Thought  |d April 
999 |c 42963  |d 42963 

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