Arun Jaitley On Bad Loans
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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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Must Set Our House In Order: Amitabh Kant On Economic Slowdown
Factories were running at about 74 percent of capacity in October-December, business sentiment in manufacturing worsened in the April-June period and consumer confidence dipped in June.
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'Pay Up Or Give Up': Arun Jaitley Puts Businesses On Notice
"Let's try and make the private sector pay for their debts or allow somebody else to step in," he said.
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States Will Have To Find Funds For Farm Loan Waivers, Says Arun Jaitley
With mounting demands from farmers for loan waiver, Finance Minister Arun Jaitley on Monday said states will have to find funds from their own resources -- virtually ruling out any funding from the Centre. "I have already made the position. States which want to go for these kinds of schemes will have to generate them from their own resources. Beyon...
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Goods And Services Tax To Help Push Growth Above 8%, Says IMF: 10 Points
The Goods and Services Tax regime that the government targets to roll out from 1 July could help push India's growth rate to above the eight per cent-mark in the medium term, the International Monetary Fund has said, painting a bright outlook for the Indian economy. Tao Zhang, the IMF's Deputy Managing Director believes India has made significant p...
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Loans To Vijay Mallya's Kingfisher A Write-Off 'Only In Books,' Says Arun Jaitley
Around Rs 1,200 crore in dues owed by Vijay Mallya's collapsed Kingfisher Airlines has been labelled a write-off in the books of India's largest bank, the State Bank of India.
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Finance Minister Arun Jaitley Meets Bankers, Bad Debts Top Agenda
Finance Minister Arun Jaitley's review meeting with the chiefs of public sector banks today is expected to create a turnaround road map on how banks - facing nearly 3.6 lakh crore worth non-performing assets (NPAs) - can become part of the India's growth story.
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Don't Want To Overstate Bad Loan Crisis, Says Arun Jaitley
Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and Reserve Bank of India (RBI) Governor Raghuram Rajan today cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.
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Finance Minister Arun Jaitley Speaks On Bank Reforms: Highlights
Finance Minister Arun Jaitley is speaking on bank reforms.
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Government Addressing Banks' Bad Loans Issue: PM Modi
Noting the massive stressed assets, or bad loans, of state-run banks, Prime Minister Narendra Modi on Monday said the government would be infusing Rs.70,000 crore in the public sector banks (PSBs) in the next few years.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
Must Set Our House In Order: Amitabh Kant On Economic Slowdown
Factories were running at about 74 percent of capacity in October-December, business sentiment in manufacturing worsened in the April-June period and consumer confidence dipped in June.
-
'Pay Up Or Give Up': Arun Jaitley Puts Businesses On Notice
"Let's try and make the private sector pay for their debts or allow somebody else to step in," he said.
-
States Will Have To Find Funds For Farm Loan Waivers, Says Arun Jaitley
With mounting demands from farmers for loan waiver, Finance Minister Arun Jaitley on Monday said states will have to find funds from their own resources -- virtually ruling out any funding from the Centre. "I have already made the position. States which want to go for these kinds of schemes will have to generate them from their own resources. Beyon...
-
Goods And Services Tax To Help Push Growth Above 8%, Says IMF: 10 Points
The Goods and Services Tax regime that the government targets to roll out from 1 July could help push India's growth rate to above the eight per cent-mark in the medium term, the International Monetary Fund has said, painting a bright outlook for the Indian economy. Tao Zhang, the IMF's Deputy Managing Director believes India has made significant p...
-
Loans To Vijay Mallya's Kingfisher A Write-Off 'Only In Books,' Says Arun Jaitley
Around Rs 1,200 crore in dues owed by Vijay Mallya's collapsed Kingfisher Airlines has been labelled a write-off in the books of India's largest bank, the State Bank of India.
-
Finance Minister Arun Jaitley Meets Bankers, Bad Debts Top Agenda
Finance Minister Arun Jaitley's review meeting with the chiefs of public sector banks today is expected to create a turnaround road map on how banks - facing nearly 3.6 lakh crore worth non-performing assets (NPAs) - can become part of the India's growth story.
-
Don't Want To Overstate Bad Loan Crisis, Says Arun Jaitley
Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and Reserve Bank of India (RBI) Governor Raghuram Rajan today cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.
-
Finance Minister Arun Jaitley Speaks On Bank Reforms: Highlights
Finance Minister Arun Jaitley is speaking on bank reforms.
-
Government Addressing Banks' Bad Loans Issue: PM Modi
Noting the massive stressed assets, or bad loans, of state-run banks, Prime Minister Narendra Modi on Monday said the government would be infusing Rs.70,000 crore in the public sector banks (PSBs) in the next few years.
