About this document

Project Sashakt: NPA Resolution Framework by Jill Mehta is a document available to read on EtoBox.

Project Sashakt is a proposal by the Sunil Mehta Committee for banks to manage their own non-performing assets (NPAs) through an inter-bank resolution plan. It would establish an asset management company (AMC) structure to acquire NPAs from banks above Rs. 500 crore. For loans below Rs. 500 crore, banks would form inter-creditor agreements and the lead lender would create a resolution plan approved by 66% of lenders. The AMC would attempt to turn around stressed assets acquired from banks. While this banker

Author

Jill Mehta

Language

EN