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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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PNB Puts 21 Bad Loan Accounts On Sale To Recover Rs 1,320 Crore
A PNB spokesperson said on Thursday that "the submission of financial bids will be only through e-auction which will take place on the bank's portal on September 20."
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PNB, Other State-Run Banks Likely To Get Rs 10,000 Crore Capital Infusion: Report
The NPAs in the Indian banking system have reached a staggering level of Rs 9 lakh crore, while the bad loans of PSBs add up to nearly Rs 8 lakh crore
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Banks' NPA Woes: Government To Form Panel To Set Up Asset Reconstruction Company
The committee under Sunil Mehta, non-executive chairman of PNB, will make recommendations in two weeks.
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ICICI Bank-Videocon Case: Parliamentary Panel Quizzes Bankers On Alleged Nepotism
IBA deputy chairman and SBI chief Rajnish Kumar and PNB MD Sunil Mehta briefed the panel on various aspects of NPAs and banking frauds.
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India's $32 Billion Bailout To State Banks Stumbles As Losses Mount
Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter.
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Bad Loans-Laden PSU Banks To Meet RBI's Minimum Capital Requirements, Says Government
Bad loans, NPAs, SBI, PNB, Bhushan Steel, "When you do the cleaning part, a bit of dust, a bit of pain, is okay," Union financial services secretary Rajeev Kumar
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Hit By Bad Loans, PNB To Hire Detective Agencies To Locate Untraceable Borrowers
PNB had gross NPAs of Rs 57,519 crore or 12.11% of gross advances as of December 2017.
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PNB Embraces Gandhigiri To Recover NPAs Amounting To 1,800 Crore Rupees
PNB's mission was born out of the need to name and shame defaulters to increase societal pressure and urge them to pay back.
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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
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Aadhaar-Bank Account Linking Deadline Must Be Extended In Wake Of PNB Fraud, Says Assocham
The industry body said the PSBs are smarting under the alleged frauds running into thousands of crores of rupees even as the pressure of non-performing assets (NPAs), or bad loans, is increasing by the day.
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After PNB And BOB, It's Oriental Bank Of Commerce At CBI's Door
The OBC has alleged that it was defrauded by Dwarka Das Seth International and its owner Sabhya Seth. The loans turned into non-performing assets (NPAs) way back in 2014, but the bank approached the agency on August 16 last year
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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.
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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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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.
-
PNB Puts 21 Bad Loan Accounts On Sale To Recover Rs 1,320 Crore
A PNB spokesperson said on Thursday that "the submission of financial bids will be only through e-auction which will take place on the bank's portal on September 20."
-
PNB, Other State-Run Banks Likely To Get Rs 10,000 Crore Capital Infusion: Report
The NPAs in the Indian banking system have reached a staggering level of Rs 9 lakh crore, while the bad loans of PSBs add up to nearly Rs 8 lakh crore
-
Banks' NPA Woes: Government To Form Panel To Set Up Asset Reconstruction Company
The committee under Sunil Mehta, non-executive chairman of PNB, will make recommendations in two weeks.
-
ICICI Bank-Videocon Case: Parliamentary Panel Quizzes Bankers On Alleged Nepotism
IBA deputy chairman and SBI chief Rajnish Kumar and PNB MD Sunil Mehta briefed the panel on various aspects of NPAs and banking frauds.
-
India's $32 Billion Bailout To State Banks Stumbles As Losses Mount
Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter.
-
Bad Loans-Laden PSU Banks To Meet RBI's Minimum Capital Requirements, Says Government
Bad loans, NPAs, SBI, PNB, Bhushan Steel, "When you do the cleaning part, a bit of dust, a bit of pain, is okay," Union financial services secretary Rajeev Kumar
-
Hit By Bad Loans, PNB To Hire Detective Agencies To Locate Untraceable Borrowers
PNB had gross NPAs of Rs 57,519 crore or 12.11% of gross advances as of December 2017.
-
PNB Embraces Gandhigiri To Recover NPAs Amounting To 1,800 Crore Rupees
PNB's mission was born out of the need to name and shame defaulters to increase societal pressure and urge them to pay back.
-
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
-
Aadhaar-Bank Account Linking Deadline Must Be Extended In Wake Of PNB Fraud, Says Assocham
The industry body said the PSBs are smarting under the alleged frauds running into thousands of crores of rupees even as the pressure of non-performing assets (NPAs), or bad loans, is increasing by the day.
-
After PNB And BOB, It's Oriental Bank Of Commerce At CBI's Door
The OBC has alleged that it was defrauded by Dwarka Das Seth International and its owner Sabhya Seth. The loans turned into non-performing assets (NPAs) way back in 2014, but the bank approached the agency on August 16 last year
-
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.
-
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.
