A Brief Comparison of the Bad Bank Experience across Jurisdictions
Bad Banks are typically Government sponsored Asset Reconstruction Companies (ARCs) setup with the primary objective of cleaning up bank balance sheets. Unlike private ARCs, the Bad Banks are setup as a one-time measure with the primary objective of reducing the build-up of Non-Performing Assets (NPAs) post a financial or economic crisis.
Response dated 15 January 2021 to the Working Document: Enforcement Mechanisms for Responsible #AIforAll released by the NITI Aayog in November 2020
This research note intends to offer a solution-oriented feedback to the Working Document: Enforcement Mechanisms for Responsible #AIforAll (Working Document) released by the NITI Aayog in November 2020.
FSLRC on Micro-prudential Regulation
The financial-legal framework envisaged by the FSLRC comprises nine important components, one of which is Micro-prudential regulation.