Supreme Court: Promotion Suitability Must be Decided by Experts, Courts Cannot Create New Methods  ||  SC: Market Integrity is Paramount; Rule Violators Cannot Escape Liability by Citing Investor Gains  ||  SC: Plaintiff's Reply to Counterclaim in Commercial Suits Must Meet Written Statement Deadline  ||  SC: Pre-2016 Debt Recovery Tribunal Recovery Certificates Cannot Support Insolvency Notices  ||  SC: Children's Court Cannot Try Child as Adult Without Passing a Reasoned Order under JJ Act  ||  SC: Contractual Clauses Denying Interest on Security Deposits Does Not Violate Public Policy  ||  J&K&L HC: Unamended Pleading Loses Effect After Amendment; Party Cannot Benefit From Own Default  ||  Allahabad HC: Wife's Maintenance Need Not be Fixed at 25% of Husband's Net Income  ||  Kerala HC: Social Customs Alone Cannot Prove Bride Entrusted Gold to Husband or In-Laws  ||  Karnataka HC: Century Club Qualifies as a Public Authority under the RTI Act Due to Land Grant    

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