Non Performing Assets
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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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Book Review | The Dirty Dozen: The Story Of India's 12 Biggest Corporate Defaulters
N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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NPAs Expected To Fall To 3.6% By March 2024, Economy Remains Stable: RBI
The Indian banking system's asset quality strengthened to a decadal best, with the gross non-performing assets ratio falling to 3.9 per cent as of March 2023, the Reserve Bank said on Wednesday.
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Congress Slams Centre Over Rise In Non Performing Assets
The Congress on Tuesday alleged that NPAs have risen by 365 percent under the Modi government and questioned why "unbridled powers" were being given to PSU banks to "sell off assets at throwaway prices".
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Sony Music May Soon Integrate NFTs With Artists and Songs, Here’s What We Know
Sony Music Entertainment has filed a trademark application asking permission to cover ‘audio and video recordings featuring live musical performances authenticated by NFTs.’ The application also seeks relevant approvals to covers marketing services, promotion, distribution, marketing, advertising, and online entertainment.
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Banks Never Got Back Money From Defaulters Under UPA Government: Finance Minister
Union Finance Minister Nirmala Sitharaman on Monday attacked the previous UPA regime for its alleged failure to recover money from those who turned their loan accounts into non performing assets, and said under the Modi government, banks for the firs
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Karnataka Announces Waiver Of Bad Loans Of About 1 Lakh Farmers
The Karnataka government today decided to waive Non Performing Asset loans of about one lakh farmers, who owe about Rs 965 crore to commercial banks.
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After PM's "Phone-A-Loan" Remark, P Chidambaram's "What After 2014" Reply
Hitting back at Prime Minister Narendra Modi for his remarks on loans given during the UPA rule, former Finance Minister P Chidambaram on Sunday asked the NDA government to reveal the number of loans given by it which turned into non-performing assets or NPAs.
-
RBI Governor To Brief Parliamentary Panel On Mounting Bad Debts
RBI Governor Urjit Patel will appear before a parliamentary panel on June 12, of which former prime minister Manmohan Singh is a member, to brief them about banking frauds and mounting non-performing assets (NPAs).
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How PNB Expects To Recover 1,800 Crore From "Mission Gandhigiri"
State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism -- "Mission Gandhigiri" -- which will soon complete one year of operation.
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Towering NPAs: December Figure Stands At Rs 8.41 Lakh Crore
Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha in a written reply that industry accounted for largest portion of these NPAs
-
State-Run Banks Wrote Off Rs 81,000 Crore Loans In Fiscal 2017
Loans worth Rs 81,683 crore were written off by public sector banks (PSBs) in 2016-17, Finance Minister Arun Jaitley said today in the Rajya Sabha. In a written reply, Mr Jaitley said that loans are written off for tax benefit and capital optimisation, but the borrowers of such loans continue to be liable for repayment
-
Ravi Shankar Prasad Hits Out At Congress Over Non-Performing Assets: Highlights
Union Minister is briefing the press on non-performing assets.
-
PSU Banks Face 1,463 NPA Accounts Of Rs 100 Crore Each
In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totalling Rs 77,538 crore, at the end of the September quarter.
-
"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.
-
Book Review | The Dirty Dozen: The Story Of India's 12 Biggest Corporate Defaulters
N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.
-
Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
NPAs Expected To Fall To 3.6% By March 2024, Economy Remains Stable: RBI
The Indian banking system's asset quality strengthened to a decadal best, with the gross non-performing assets ratio falling to 3.9 per cent as of March 2023, the Reserve Bank said on Wednesday.
-
Congress Slams Centre Over Rise In Non Performing Assets
The Congress on Tuesday alleged that NPAs have risen by 365 percent under the Modi government and questioned why "unbridled powers" were being given to PSU banks to "sell off assets at throwaway prices".
-
Sony Music May Soon Integrate NFTs With Artists and Songs, Here’s What We Know
Sony Music Entertainment has filed a trademark application asking permission to cover ‘audio and video recordings featuring live musical performances authenticated by NFTs.’ The application also seeks relevant approvals to covers marketing services, promotion, distribution, marketing, advertising, and online entertainment.
-
Banks Never Got Back Money From Defaulters Under UPA Government: Finance Minister
Union Finance Minister Nirmala Sitharaman on Monday attacked the previous UPA regime for its alleged failure to recover money from those who turned their loan accounts into non performing assets, and said under the Modi government, banks for the firs
-
Karnataka Announces Waiver Of Bad Loans Of About 1 Lakh Farmers
The Karnataka government today decided to waive Non Performing Asset loans of about one lakh farmers, who owe about Rs 965 crore to commercial banks.
-
After PM's "Phone-A-Loan" Remark, P Chidambaram's "What After 2014" Reply
Hitting back at Prime Minister Narendra Modi for his remarks on loans given during the UPA rule, former Finance Minister P Chidambaram on Sunday asked the NDA government to reveal the number of loans given by it which turned into non-performing assets or NPAs.
-
RBI Governor To Brief Parliamentary Panel On Mounting Bad Debts
RBI Governor Urjit Patel will appear before a parliamentary panel on June 12, of which former prime minister Manmohan Singh is a member, to brief them about banking frauds and mounting non-performing assets (NPAs).
-
How PNB Expects To Recover 1,800 Crore From "Mission Gandhigiri"
State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism -- "Mission Gandhigiri" -- which will soon complete one year of operation.
-
Towering NPAs: December Figure Stands At Rs 8.41 Lakh Crore
Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha in a written reply that industry accounted for largest portion of these NPAs
-
State-Run Banks Wrote Off Rs 81,000 Crore Loans In Fiscal 2017
Loans worth Rs 81,683 crore were written off by public sector banks (PSBs) in 2016-17, Finance Minister Arun Jaitley said today in the Rajya Sabha. In a written reply, Mr Jaitley said that loans are written off for tax benefit and capital optimisation, but the borrowers of such loans continue to be liable for repayment
-
Ravi Shankar Prasad Hits Out At Congress Over Non-Performing Assets: Highlights
Union Minister is briefing the press on non-performing assets.
-
PSU Banks Face 1,463 NPA Accounts Of Rs 100 Crore Each
In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totalling Rs 77,538 crore, at the end of the September quarter.
