After demonetisation and bringing in Benami properties Act, value of real assets have fallen down sharply. This has worried the Banks as they had granted loans based on value of the assets. Such assets have been termed as Impaired assets. If an im ..
The reported warning by Securities Exchange Board of India (SEBI) to mutual fund companies against trying to bail out NPA accounts would be a serious dampener to revive companies that have been declared as NPAs. While the RBI dictate is already pre- ..