Npa Resolution
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Ahead Of RBI Deadline, Bankers Push To Resolve Rs 3.8 Trillion Bad Loans
With a six-month deadline set by Reserve Bank of India to finalise resolution plans for around 70 large stressed accounts worth over Rs 3.8 trillion ending tomorrow, banks are burning midnight oil to avoid bankruptcy proceedings against defaulters who are mostly power producers.
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RBI's New NPA Resolution Framework Long-Term Positive, Says Report
Lenders will now have to work out a resolution plan for defaults within 180 days, failing which the account would be referred to the bankruptcy courts.
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Punjab National Bank Expects Resolution Of 4-5 Large NPA Accounts
RBI's deadline to resolve identified NPA cases with a loan exposure of about Rs 4 lakh crore by banks ended two days ago.
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Congress Government Forced Banks To Lend To A Few Industrialists, Says PM Modi
Prime Minister Narendra Modi has assured people that their bank deposits will be safe and that their interests will not be harmed in any way, amid worries over what is being called a "bail-in" provision in a new proposed banking law. PM Modi described them as rumours and asserted that the proposed Financial Resolution and Deposit Insurance (FRDI) B...
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Prime Minister's Office Takes Stock Of Bad Loan Resolution Progress: Report
The banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of public sector banks (PSBs).
-
Ahead Of RBI Deadline, Bankers Push To Resolve Rs 3.8 Trillion Bad Loans
With a six-month deadline set by Reserve Bank of India to finalise resolution plans for around 70 large stressed accounts worth over Rs 3.8 trillion ending tomorrow, banks are burning midnight oil to avoid bankruptcy proceedings against defaulters who are mostly power producers.
-
RBI's New NPA Resolution Framework Long-Term Positive, Says Report
Lenders will now have to work out a resolution plan for defaults within 180 days, failing which the account would be referred to the bankruptcy courts.
-
Punjab National Bank Expects Resolution Of 4-5 Large NPA Accounts
RBI's deadline to resolve identified NPA cases with a loan exposure of about Rs 4 lakh crore by banks ended two days ago.
-
Congress Government Forced Banks To Lend To A Few Industrialists, Says PM Modi
Prime Minister Narendra Modi has assured people that their bank deposits will be safe and that their interests will not be harmed in any way, amid worries over what is being called a "bail-in" provision in a new proposed banking law. PM Modi described them as rumours and asserted that the proposed Financial Resolution and Deposit Insurance (FRDI) B...
-
Prime Minister's Office Takes Stock Of Bad Loan Resolution Progress: Report
The banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of public sector banks (PSBs).
