SC Condemns Witch-Hunting, Says Superstition Continues to Override Constitutional Morality  ||  SC: Retired Judges Appointed to Central Industrial Tribunals Not Entitled to Pay Parity  ||  SC: Electricity Boards Liable for Electrocution Deaths under Strict, Not Absolute Liability  ||  Supreme Court Criticizes Courts For Conducting ‘Mini-Trials’ in Temporary Injunction Matters  ||  SC: Common Judgment in Suits by Same Plaintiff can be Challenged Through Composite Appeal  ||  Chandigarh Court Orders Meta to Take Down AI-Generated Video of Punjab MLA Sukhpal Khaira  ||  Delhi HC: Insolvency Professionals Must Collect & Deposit GST Even if they are Advocates  ||  Madras HC Rejects Election Petition Challenging Colachel MLA Tharahai Cuthbert  ||  Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt    

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