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Latest Articles in SARFAESI
Favourable Macroeconomics, High Credit Growth Led To Elevated Securitisation In Q1FY24: Report
The securitisation has witnessed an exponential increase post-covid from merely Rs 87,300 crore in FY2021 to Rs 1,80,600 in FY2023
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SARFAESI Act Delhi HC Upholds Constitutional Validity Of Chapter II
The Court noted that the SARFAESI Act is a code in itself and the remedy provided for under Section 17 of the SARFAESI Act is an expeditious and effective remedy available to borrowers and the same provides reasonable protection to the interest of the borrowers.
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Recoveries Under IBC Far Better Than SARFAESI, DRT: Das
His response came to a query on whether huge haircuts undertaken by lenders in certain large IBC cases is a cause of concern for the regulator.
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Banks Can Sell Vijay Mallya's Properties, Shares Worth Rs 5,646 Cr To Recover Dues
The special PMLA court in Mumbai on Tuesday allowed the restoration of properties worth Rs 5,646.54 crore to banks.
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RBI Committee On Arcs Invites Views, Suggestions From Stakeholders By May 31
RBI had set up a committee to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling them to meet the growing requirements.
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Sell Assets Of Guarantors If Firms Don't Repay: Govt To Banks
In order to effectively deal with Vijay Mallya type loan default cases, government on Friday directed public sector banks to immediately invoke personal guarantees of promoter directors and recover loans from them in case the companies fail to repay
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