Tag: Bad Bank

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[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 25 January 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

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What are the objectives of National Asset Reconstruction Company Limited (NARCL)? Discuss the factors that are needed to ensure that NARCL will serve as effective and efficient bad bank.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment 3. What are the objectives of National Asset Reconstruction Company Limited (NARCL)? Discuss the factors that are needed to ensure that NARCL will serve as effective and efficient bad bank. (250 words) Difficulty level: Easy Reference: Live Mint , Insights on …

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Bad bank:

GS Paper 3: Topics Covered: Inclusive growth and issues arising from it.   Context: A key proposal announced in this year’s (2021) Budget, a bad bank to deal with stressed assets in the loss-laden banking system, has received all regulatory approvals.   What is NARCL? Setting up of NARCL, the proposed bad bank for taking …

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What is the purpose of setting up of National Asset Reconstruction Company Limited (NARCL) and why is it termed as Bad Bank? Discuss the factors that are essential for effective functioning of Asset Reconstruction Company.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment 5. What is the purpose of setting up of National Asset Reconstruction Company Limited (NARCL) and why is it termed as Bad Bank? Discuss the factors that are essential for effective functioning of Asset Reconstruction Company. (250 words) Difficulty level: …

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‘Bad bank’ setup and guarantee programme announced by Government to clear the NPA mess:

GS Paper 3 Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.   Context: The government has set up two new entities to acquire stressed assets from banks and then sell them in the market.   Mechanism envisioned: The “National Asset Reconstruction Company Limited” (NARCL) has already been incorporated …

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Enumerate the steps taken so far to expedite and enable resolution of NPAs in India. Critically analyse the potential of National Asset Reconstruction Company Ltd (NARCL) as the “Bad Bank” in addressing the issue of NPAs.

Topic: Government Budgeting. 5. Enumerate the steps taken so far to expedite and enable resolution of NPAs in India. Critically analyse the potential of National Asset Reconstruction Company Ltd (NARCL) as the “Bad Bank” in addressing the issue of NPAs. (250 words) Difficulty level: Moderate Reference: The Hindu Why the question: The Union Cabinet has …

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Bad bank

Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Bad bank: Context: The Indian Banks’ Association (IBA) has begun identifying bad loans which can be transferred to the Centre’s proposed bad bank. The IBA has written to banks asking them for a list of all bad loans worth …

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Insights into Editorial: Can a ‘bad bank’ solve the growing NPA crisis?

      Context: Finance Minister in her Budget speech revived the idea of a ‘bad bank’ by stating that the Centre proposes to set up an asset reconstruction company to acquire bad loans from banks. While the problem of bad loans has been a perennial one in the Indian banking sector, the COVID-19 pandemic-triggered …

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