New framework for resolving stressed assets
Real Estate

New framework for resolving stressed assets

A Parliamentary panel has suggested the formation of a new structure to resolve stressed assets in the power sector. The panel has reportedly observed that RBI's framework only focuses on financial issues, neglecting the important issues of the electricity sector. As reported, the panel has recommended that with a view to ensure power security and also to avoid wastage of collective efforts, a new framework should be put in place which safeguards the transient sagging situation of the electricity sector and provides the much needed stimulus.

A Parliamentary panel has suggested the formation of a new structure to resolve stressed assets in the power sector. The panel has reportedly observed that RBI's framework only focuses on financial issues, neglecting the important issues of the electricity sector. As reported, the panel has recommended that with a view to ensure power security and also to avoid wastage of collective efforts, a new framework should be put in place which safeguards the transient sagging situation of the electricity sector and provides the much needed stimulus.

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