Banking Regulation (Amendment) Ordinance 2017: Rationale and Implications

Authors

  • Goutam Bhowmik University of Gour Banga (UGB), Malda

DOI:

https://doi.org/10.33516/maj.v52i8.75-79p

Abstract

No Abstract.

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Published

2017-08-01

How to Cite

Bhowmik, G. (2017). Banking Regulation (Amendment) Ordinance 2017: Rationale and Implications. The Management Accountant Journal, 52(8), 75–79. https://doi.org/10.33516/maj.v52i8.75-79p

Issue

Volume 52, Issue 8, August 2017

Section

Banking
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References

Bhowmik. G. (2015), “A Critical Review of ‘Indradhanush’ – Plan to Revamp the Public Sector Banks (PSBs) in India,â€, Management Accountant, Vol. 50, No. 10, October.

Business Standard (2017), “NPA framework: Ordinance to empower RBI actually gives more teeth to Govt.â€, May 9.

KPMG (2016), “Bankruptcy and Insolvency Code 2016â€, May 2016

Live Mint (2017), “No Quick Fix Solutions for Accumulated NPAsâ€, May 17 (http://www.livemint.com/Opinion/8cLSBAOye02IBearolyJoN/ NoquickfixsolutionsforaccumulatedNPAs.html?facet=print).

Live Mint (2017), “3ways in which changes to Banking Act which gives RBI more powers to tackle NPAsâ€, May 5. (http://www.livemint.com/ HomePage/yWZLqqM2NLT7uxpMHcM/ovtnotifiesBankingRegulationsAmendmentOrdinance.html?facet=print)

Ministry of Finance, Government of India (2017), “The promulgation of Banking Regulation (Amendment) Ordinance, 2017 will lead to effective resolution of stressed assets, particularly in consortium or multiple banking arrangements†Press Information Bureau, May 5.

Ministry of Financial Services (2015), “Indradhanush: Plan for Revamp of Public Sector Banksâ€, Press Note, August 14.