Non Performing Assets — Mains Questions

Analyze the effectiveness of the Insolvency and Bankruptcy Code (IBC) in resolving Non Performing Assets in India. What are the key challenges in its implementation and suggest measures for improvement.

Examine the role of Asset Reconstruction Companies (ARCs) in India's NPA resolution ecosystem. How can their effectiveness be enhanced to better serve the banking sector?

Critically evaluate the government's 4R strategy (Recognition, Resolution, Recapitalization, Reforms) in addressing India's NPA crisis. What lessons can be drawn for future banking sector management?