Central Bank Of India Bad Loans
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No Quick Action, Government Response Stoked Bad Loan Problem: Urjit Patel
India's bad loan problem slowly morphed into a full-blown crisis due to a lack of timely action by regulators and the government for several years until 2014, and it was largely driven by state-owned banks, former central bank governor Urjit Patel said.
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India's Pile Of Soured Bank Loans Shrinks From Record Peak, Says Report
The central bank last year ordered banks to push some 40 of the country's biggest corporate defaulters into bankruptcy proceedings.
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RBI May Push To Resolve Rs 8 Lakh Crore Of Bad Loans By Next Year, Says Report
The central bank may largely resolve the non-performing assets mess by the first quarter of financial year 2019-20, Assocham said.
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Central Bank Begins Work, But More Money Needed to Kill Bad Loans
Armed by a recent change in law that gives it to more power to act, the Reserve Bank of India has said it will expand its two-member Oversight Committee as it puts in gear a plan to resolve the massive backlog of non-performing assets or bad loans that public sector banks have built.
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Centre Waiving Loans Of Big Businesses: Arvind Kejriwal
Delhi Chief Minister Arvind Kejriwal on Wednesday accused the BJP-led Central government of "waiving" loans of big businesses in the country, citing the writing-off of Rs 1.14 lakh crore of bad loans by public sector banks recently.
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No Quick Action, Government Response Stoked Bad Loan Problem: Urjit Patel
India's bad loan problem slowly morphed into a full-blown crisis due to a lack of timely action by regulators and the government for several years until 2014, and it was largely driven by state-owned banks, former central bank governor Urjit Patel said.
-
India's Pile Of Soured Bank Loans Shrinks From Record Peak, Says Report
The central bank last year ordered banks to push some 40 of the country's biggest corporate defaulters into bankruptcy proceedings.
-
RBI May Push To Resolve Rs 8 Lakh Crore Of Bad Loans By Next Year, Says Report
The central bank may largely resolve the non-performing assets mess by the first quarter of financial year 2019-20, Assocham said.
-
Central Bank Begins Work, But More Money Needed to Kill Bad Loans
Armed by a recent change in law that gives it to more power to act, the Reserve Bank of India has said it will expand its two-member Oversight Committee as it puts in gear a plan to resolve the massive backlog of non-performing assets or bad loans that public sector banks have built.
-
Centre Waiving Loans Of Big Businesses: Arvind Kejriwal
Delhi Chief Minister Arvind Kejriwal on Wednesday accused the BJP-led Central government of "waiving" loans of big businesses in the country, citing the writing-off of Rs 1.14 lakh crore of bad loans by public sector banks recently.
