Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; WPAlchemy_MetaBox has a deprecated constructor in /home/banknpa101/public_html/wp-content/themes/california-wp/inc/metaboxes/wpalchemy/MetaBox.php on line 56

Notice: Undefined variable: kses in /home/banknpa101/public_html/wp-content/themes/california-wp/inc/nc-options/nc-options.php on line 1841

Notice: Undefined variable: kses in /home/banknpa101/public_html/wp-content/themes/california-wp/inc/nc-options/nc-options.php on line 1845
News Archives - Bank NPA Consultants

News


Bank NPA Consultants
by

NPA crisis and a new law

Once a company goes in for a bankruptcy, the new law envisages that day-to-day affairs be run by a resolution professional appointed by the creditors. Some companies, however, feel the law should be first tested on smaller fish before going after big game. Over the next months, India’s newly-constituted bankruptcy courts will decide the fate of 12 companies that account for over a quarter of...

Read More


Bank NPA Consultants
by

Banks keep lending huge amounts while inevitably hiding the Distress signals

India’s bankruptcy courts have sought to resolve the Rs 8 lakh crore worth of non-performing assets (NPA) problem that is choking the banking system. But it is evident that banks have played a crucial role in the crisis by lending ailing companies with fresh loans, even as they struggled to repay their previous loans. This practice of ever-greening is called extend and pretend in India....

Read More