Scheme for Sustainable Structuring of Stressed Assets (S4A) Current Affairs, GK & News
The Reserve Bank of India (RBI) has issued guidelines called Scheme for Sustainable Structuring of Stressed Assets (S4A) as an optional framework to manage bad loans. The scheme is the latest measure taken by RBI to tackle stressed assets. What is S4A? Under this scheme, large ticket loans are restructured by separating a sustainable loan ....Read More
In the light of the recent idea put forward by the Chief Economic Advisor, Arvind Subramanian, as well as Viral Acharya, the new Deputy Governor of RBI, backed by the Finance Ministry to set up a “Bad Bank”, the question arises as to whether this idea will help in addressing the problem of Non-Performing Assets ..