Supreme Court: Past Ad Hoc Service Counts for Pension, Not Seniority Against Direct Recruits  ||  SC: CPC Amendment Allowed When New Facts and Reliefs Directly Relate to Existing Dispute  ||  SC: Governing Law Clause Relevant to Determine Arbitral Seat When Two Venues Are Named  ||  Supreme Court: Section 161 CrPC Statements Can Be Considered at Cognizance Stage, Not at Trial  ||  Bombay High Court Directs Release of Protesters Held over Anti-ECI Agitations  ||  Kerala High Court Orders State to Pay Rs. 21,000 Post-Surgery Assistance to Transgender Person  ||  Madras High Court: DVAC Not Entitled to Blanket RTI Exemption in Corruption Cases  ||  Karnataka High Court Strikes Down Enhanced SC/ST Quota for Breaching 50% Reservation Cap  ||  Delhi HC: First-Come, First-Served Policy for Ramleela Ground Allotment is Unfair  ||  Kerala HC Upholds Automatic Revocation of Christian Wills on Marriage under S.69 Succession Act    

Scheme for Sustainable Structuring of Stressed Assets- (Reserve Bank of India) (13 Jun 2016)

MANU/RMIC/0096/2016

Banking

The Reserve Bank of India formulated a scheme for resolution of large stressed accounts. The Scheme for Sustainable Structuring of Stressed Assets, or ‘S4A’, is an optional framework for assessing a stressed borrower’s sustainable debt level and managing outstanding amounts accordingly.

The RBI also extended dispensation for amortising the shortfall on sale of non-performing assets to securitisation and reconstruction companies to 31 March 2017. However, for assets sold from 1 April 2016 to 31 March 2017, banks will be allowed to amortise the shortfall over a period of only four quarters from the quarter in which the sale took place.

Relevant : Spread Over of Shortfall on Sale of NPAs to SCs/RCs MANU/RMIC/0097/2016

Tags : RBI   STRESSED ASSET   RESOLUTION   SUSTAINABLE   SCHEME  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved