बँकिंग सिस्टम मध्ये जवळ जवळ १० लाख कोटी रुपये अनुउत्पादित कर्जे आहेत –परंतु दिवाळखोरी कायद्यामुळे ही रक्कम कमी होण्यास मदत होणार आहे —-सविस्तर बातमी –इकॉनॉमिक टाइम्स मध्ये वाचावी.

According to RBI data, the stressed asset ratio in the banking system has crossed 12.3% at the end of September 2016, and rough estimates suggest that stressed loans in the system are more than Rs 10 lakh crore.

“Considering the fact that stressed assets in the system have reached deplorably high levels, the ordinance will enable banks to take stringent action, particularly initiate insolvency in respect of default under Insolvency and Bankruptcy Code, 2016,“ said Alok Gupta, director-taxation with Agora Partners, a Delhi-ba sed consulting firm.

Indian banks and companies have filed claims over Rs 5,000 crore under the Insolvency and Bankruptcy Code, which seeks to ensure a time-bound settlement of insolvency . Data accessed by ET shows that 41 cases were regis teredfor insolvency re solution between December and February with the National Company Law Tribunal, the adjudicating body under the new code.

The government’s move to arm the regulator with powers to tell the banks how to go about bad loans’ resolution has come as a shot in the arm for the industry which has been hobbling along for years due to differences between the lenders themselves.

via Bankruptcy: Bankruptcy courts will spring to life as government targets bad loans – The Economic Times