Stressed assets in PSBs: the way ahead

Description

The Reserve Bank of India (RBI) recently released the Annual Report, in which the then RBI Governor Raghuram Rajan mentioned about the stressed assets resolution. The asset quality review undertaken by the banking industry has certainly helped improve recognition of NPAs and provisioning norms. To improve management of stressed assets, two pronged strategy is being proposed new management team if necessary, and tailoring the capital structure to the project's situation. The need is to take an overall big picture analysis, especially of public sector banks (PSBs), covering governance, cost structure, risk management including cyber risk, technological upgradation, customer service and grievance redressal, amongst many issues, indicated by the RBI. Read more at: https://www.deccanherald.com/content/569635/stressed-assets-psbs-way-ahead.html

Publication Date

11-9-2016

Publication Title

Deccan Herald, Bangalore

Publisher

The Printers Mysore Private Limited

Keywords

Banking, Public sector banks, PSBs

Source Link URL

https://www.deccanherald.com/content/569635/stressed-assets-psbs-way-ahead.html

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