Npa Issue
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Ex-SBI chairman Pratip Chaudhary held for selling hotel property at cheap price by declaring it NPA
Business | Nov 01, 2021, 07:43 PM ISTPratip Chaudhary was held on the basis of arrest orders issued by the Chief Judicial Magistrate Court in the case of selling Godawan Group hotel property at a cheap price after declaring it NPA.
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SBI to sell three NPA accounts next month for recovery of over Rs 235 cr
Business | May 16, 2021, 12:31 PM ISTThe bank has set the reserve prices for these NPA accounts for sale at Rs 27.50 crore, Rs 15 crore and Rs 8 crore, respectively.
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PNB returns to black, posts standalone net profit of Rs 1,019 cr in Q1
Business | Jul 26, 2019, 02:05 PM ISTOn the assets front, bank's gross non-performing assets fell to 16.49 per cent of gross advances at end of June 2019, as against 18.26 per cent of gross advances at end of June 2018.
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RBI's norms to give more headroom to lenders to resolve big ticket NPAs: Report
Business | Jun 11, 2019, 07:02 PM ISTThe RBI came out with a revised prudential framework for resolution of stressed assets after its February 2018 circular in this regard was struck down by the Supreme Court.
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Top loan defaulters owe Rs 25,000 cr to SBI, over Rs 12,000 cr to PNB
Aug 20, 2017, 08:42 PM ISTAs many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31, putting pressure on its balance sheet
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Bad loans: Banks face potential Rs 50,000 cr hit over RBI’s new provisioning norms
Jun 26, 2017, 12:24 PM ISTThe RBI has reportedly told banks to set aside at least 50 pc of the loan amount as likely losses for all cases referred to the insolvency process
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States keen on farm loan waiver must generate funds from own resources: FM Jaitley
Jun 12, 2017, 01:49 PM ISTFinance Minister Arun Jaitley on Monday said that the states which are keen on farm loan waiver “must generate funds from their own resources”
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Court bars Mallya from accessing Diageo's Rs 515 cr payout
Mar 07, 2016, 06:58 PM ISTBangalore: In a setback for long defunct Kingfisher Airlines Director Vijay Mallya, the Debt Recovery Tribunal has restrained him from withdrawing an amount of approximately Rs 515 crore ($75 million) received from Diageo as a
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India mulls measures to push stalled projects
Mar 11, 2015, 10:43 PM ISTNew Delhi: The government is contemplating a host of measures to push stalled projects and deal with the problem of rising non-performing assets (NPAs) of banking sector, Minister of State for Finance Jayant Sinha has