SARFAESI Act 2002: GK, General Studies and Current Affairs

ArcelorMittal Nippon Steel India acquires Bhander power plant in Gujarat

ArcelorMittal Nippon Steel India (AM/NS India) has announced that it has acquired Bhander power plant at Hazira in Gujarat. The natural gas-based thermal plant was purchased by AM/NS India under the Securitisation and Reconstruction of ..

Public Sector Asset Rehabilitation Agency (PARA)

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 ..

SARFAESI Act 2002

The full form of SARFAESI Act as we know is Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Banks utilize this act as an effective tool for bad loans (NPA) ..