Ashvin Parekh

[Ashvin Parekh @ParekhAshvin]

https://t.co/RniUfzOYAd

[Ashvin Parekh @ParekhAshvin]

Bad Bank is a bad idea. Let us use our time and energies in pursuing the NCLT-IBC reform. Too many alternatives may give the investors-domestic and overseas doubts on the seriousness of the reform. Let us give consistent and clear signals to create market for stressed assets.

[Ashvin Parekh @ParekhAshvin]

would even like to be seen to be participating in the reform considering the consequences on the elections outcomes (2/2)

[Ashvin Parekh @ParekhAshvin]

If SBI consolidation took 2 years to plan and total integration may take another 2 years, then the proposed talks on consolidation may only end in more debates and deliberations. Serious action can happen only after 2019 General elections. It needs to be seen whether the Gov(1/2)

[Ashvin Parekh @ParekhAshvin]

Swacch Banking has begun with a bang!

[Ashvin Parekh @ParekhAshvin]

We now have too many parties in the recovery process who seem to be disagreeing and appealing against each other. Is this calm before a huge storm? (2/2)

[Ashvin Parekh @ParekhAshvin]

On the NPA front, there seems to be a calm. Though the banking system has not recovered much yet compared to the target of INR 2 trillion by December 2017 and another INR 2 trillion in first half of 2018. (1/2)

[Ashvin Parekh @ParekhAshvin]

its difficult to devise any rule associated with the processes and its tweaking (3/3)

[Ashvin Parekh @ParekhAshvin]

Based on the outcomes so far, its difficult to make either rules or precedence on the evolving NCLT-IBC law and practice. One thing however does emerge. On technicalities, the law will prevail as we see in case of Essar Steel asset (1/3)

[Ashvin Parekh @ParekhAshvin]

there cannot be any connect between the bidders and the promoters to qualify the bidders, and in the areas of process of recovery, the larger objective of value maximization may prevail with very few cases being resolved (2/3)

[Ashvin Parekh @ParekhAshvin]

Such a body should have the responsibility of developing a market for the restructured assets and also creating more instruments to grow that market (2/2)

[Ashvin Parekh @ParekhAshvin]

The status of IBC proceedings suggests that the statute is far too rigid and regular amendments are to be made. Why can't we have an empowered body and more enabling provisions in the statute to cope with the experience and sectoral dynamics in the economic environment (1/2)

[Ashvin Parekh @ParekhAshvin]

https://t.co/mjZRAFpyOm

[Ashvin Parekh @ParekhAshvin]

In case of loan recovery, its intriguing to note that the system, the media and the investigating agencies run after the bankers rather than borrowers.