Public Sector Asset Rehabilitation Agency Current Affairs, GK & News

Public Sector Asset Rehabilitation Agency (PARA)

February 15, 2017

The Public Sector Asset Rehabilitation Agency (PARA) colloquially called “Bad Bank” is a proposed agency to assume the Non-Performing Assets (NPA) of public sector banks in India and to deal with the recovery of the bad loans. This agency has been proposed in Economic Survey 2016-17. The NPA Problem At end-September 2016, the NPAs of ..

Topics:  • • • •

Economic Survey 2016-17: Chapter-04 – The Festering Twin Balance Sheet Problem

February 14, 2017

In the fourth chapter, the survey has discussed the Twin Balance Sheet {TBS} problem and made a case for establishment of a Public Sector Asset Rehabilitation Agency (PARA). Understanding Twin Balance Sheet Problem The centre-piece of TBS problem are Non-performing assets (NPAs) which have resulted into two inter-twined economic issues viz. over-leveraged & distressed corporate ..

Topics:  •