NPA & Loan Recovery Archive
Asset Reconstruction Company (ARC) and its role in NPA management
Asset Reconstruction Company (ARC) is a financial institution that is in the business of buying Non-Performing Assets (NPAs) from banks and financial institutions and effecting settlement with borrower. Mounting non-performing assets has been a major challenge for
18 Public sector banks report losses of Rs. 56,970 Crore in Q4, 2018.
Balance sheets of public sector banks are bleeding in Q4, 2018. According to publically available data 18 listed public sector banks have reported losses to the tune of Rs. 56,970 Cr during Q4 of FY 2017-18 as