Bad Loans In India
- All
- News
- Videos
-
"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.
-
Banks Recovered Over Rs 10 Lakh Crore Bad Loans In Last 9 Years: Centre
Finance Minister Nirmala Sitharaman said today that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government.
-
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.
-
Google Acted Against Over 3,500 Loan Apps in India in 2022 for Violating Play Store Policy
Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements, the company said on Thursday. Google said that overall it prevented 1.43 million policy-violating apps from being published on Google Play banning 1,73,000 bad accounts preventing over $2 billion (nearly Rs. 16,350 crore) in fraudulent and...
-
Banks Write Off Loans Worth Rs 11.17 Lakh Crores In Past 6 Years
Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22, Parliament was informed on Tuesday.
-
Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
-
Indian Banks To Seek Relief On Bad Loans Amid Coronavirus Gloom: Report
The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India's lenders, and the industry body representing the banks plans to appeal to regulators to provide some reprieve in bad-debt classification, two sources told Reuters on Tuesday.
-
Industrialist Subhash Chandra Summoned In Yes Bank Money Laundering Case
Industrialist Subhash Chandra has been summoned in a money laundering case involving Yes Bank founder Rana Kapoor.
-
Trinamool Congress For Rollback Of Mudra Scheme Due To Rising Bad Loans
The Mudra Yojana was launched in 2015 for providing small loans to income generating small enterprises in manufacturing and services.
-
Banks' "Worst" Time Under Manmohan Singh-Raghuram Rajan: Finance Minister
Finance Minister Nirmala Sitharaman has turned the tables on her macroeconomics opponents by pointing at a massive amount of bad loans in state-run banks when the United Progressive Alliance (UPA) was in power. She held "the combination" of former Prime Minister Manmohan Singh and former Reserve Bank of India Governor Raghuram Rajan responsible for...
-
Bad Loans Worth Rs 4 Lakh Crore Recovered In 4 Years: Nirmala Sitharaman
The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sitharaman said on Friday.
-
How Bad Is Maharashtra Farmer Crisis? 8 Suicides Every Day For 4 Years
As many as 12,021 farmers committed suicide in Maharashtra from 2015 to 2018 for reasons that included bank loans and crop failure, averaging eight deaths a day. This number is over double that of the preceding four-year period from January 2011 to December 2014, when 6,268 farmers killed themselves.
-
Bad Loans Are Results Of Congress Government's Misdeeds: Amit Shah
BJP chief Amit Shah targeted Congress president Rahul Gandhi on Friday for raising the issue of bank loans and non-performing assets (NPA) in poll rallies, saying those were the results of the misdeeds of the previous Congress-led government.
-
PM Office Refuses RTI On Details Of Bad Loans Submitted By Raghuram Rajan
The Prime Minister's Office (PMO) has termed as a "roving enquiry" an RTI plea seeking to know details of bad loans submitted by the then RBI Governor Raghuram Rajan to it and which finds mention in his response to Parliament's Committee on Estimates.
-
Indian Banks To Sell Vijay Mallya's Fleet Of Cars In UK To Recover Loans
A UK High Enforcement Officer is set to sell a fleet of Vijay Mallya's cars in the UK as part of efforts to recover loan repayment dues owed by the beleaguered liquor baron to a consortium of 13 Indian banks, the banks' legal representative confirmed on Friday.
-
"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.
-
Banks Recovered Over Rs 10 Lakh Crore Bad Loans In Last 9 Years: Centre
Finance Minister Nirmala Sitharaman said today that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government.
-
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.
-
Google Acted Against Over 3,500 Loan Apps in India in 2022 for Violating Play Store Policy
Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements, the company said on Thursday. Google said that overall it prevented 1.43 million policy-violating apps from being published on Google Play banning 1,73,000 bad accounts preventing over $2 billion (nearly Rs. 16,350 crore) in fraudulent and...
-
Banks Write Off Loans Worth Rs 11.17 Lakh Crores In Past 6 Years
Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22, Parliament was informed on Tuesday.
-
Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
-
Indian Banks To Seek Relief On Bad Loans Amid Coronavirus Gloom: Report
The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India's lenders, and the industry body representing the banks plans to appeal to regulators to provide some reprieve in bad-debt classification, two sources told Reuters on Tuesday.
-
Industrialist Subhash Chandra Summoned In Yes Bank Money Laundering Case
Industrialist Subhash Chandra has been summoned in a money laundering case involving Yes Bank founder Rana Kapoor.
-
Trinamool Congress For Rollback Of Mudra Scheme Due To Rising Bad Loans
The Mudra Yojana was launched in 2015 for providing small loans to income generating small enterprises in manufacturing and services.
-
Banks' "Worst" Time Under Manmohan Singh-Raghuram Rajan: Finance Minister
Finance Minister Nirmala Sitharaman has turned the tables on her macroeconomics opponents by pointing at a massive amount of bad loans in state-run banks when the United Progressive Alliance (UPA) was in power. She held "the combination" of former Prime Minister Manmohan Singh and former Reserve Bank of India Governor Raghuram Rajan responsible for...
-
Bad Loans Worth Rs 4 Lakh Crore Recovered In 4 Years: Nirmala Sitharaman
The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sitharaman said on Friday.
-
How Bad Is Maharashtra Farmer Crisis? 8 Suicides Every Day For 4 Years
As many as 12,021 farmers committed suicide in Maharashtra from 2015 to 2018 for reasons that included bank loans and crop failure, averaging eight deaths a day. This number is over double that of the preceding four-year period from January 2011 to December 2014, when 6,268 farmers killed themselves.
-
Bad Loans Are Results Of Congress Government's Misdeeds: Amit Shah
BJP chief Amit Shah targeted Congress president Rahul Gandhi on Friday for raising the issue of bank loans and non-performing assets (NPA) in poll rallies, saying those were the results of the misdeeds of the previous Congress-led government.
-
PM Office Refuses RTI On Details Of Bad Loans Submitted By Raghuram Rajan
The Prime Minister's Office (PMO) has termed as a "roving enquiry" an RTI plea seeking to know details of bad loans submitted by the then RBI Governor Raghuram Rajan to it and which finds mention in his response to Parliament's Committee on Estimates.
-
Indian Banks To Sell Vijay Mallya's Fleet Of Cars In UK To Recover Loans
A UK High Enforcement Officer is set to sell a fleet of Vijay Mallya's cars in the UK as part of efforts to recover loan repayment dues owed by the beleaguered liquor baron to a consortium of 13 Indian banks, the banks' legal representative confirmed on Friday.
