Bad Loan Recovery
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Banks Write Off Rs 10.5 Lakh Crore In 5 years, NPA Recovery Rs 7.1 Lakh Crore
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament today.
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This Financial Year, Centre Expects Recovery Of 1.8 Lakh Crore Bad Loans
The government expects recovery of around Rs 1.8 lakh crore worth of bad loans during the current fiscal through measures like the insolvency and bankruptcy code and debt recovery tribunals.
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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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Banks Write Off Rs 10.5 Lakh Crore In 5 years, NPA Recovery Rs 7.1 Lakh Crore
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament today.
-
This Financial Year, Centre Expects Recovery Of 1.8 Lakh Crore Bad Loans
The government expects recovery of around Rs 1.8 lakh crore worth of bad loans during the current fiscal through measures like the insolvency and bankruptcy code and debt recovery tribunals.
-
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.
