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  What is Bad Bank? How Modi govt plans to address stressed assets of public sector banks

  Business | February 02, 2021 11:02 IST

  Bad Bank will seek to provide financial stability in the banking sector. It will hold problem loans for public sector banks which can then be sold on to investors at a reduced price. This will ultimately help clean up the balance sheets of banks.

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  Bad Loan crisis: Resolution to begin soon, says FM Jaitley, as LS passes bill to empower RBI

  August 03, 2017 17:56 IST

  Replying to a debate on the bill, Jaitley said the RBI has already identified top 12 loan defaulters and more cases will be taken up by them for resolution

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  RBI cautions banks on bad loan risk in telecom sector

  April 19, 2017 10:02 IST

  Banks were asked to put in place a board-approved policy for making provisions for standard assets at rates higher than the regulatory minimum, based on evaluation of risk and stress in various sectors.

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  ICICI Bank profit takes 16.7 pc hit, down at Rs 2,611 cr over bad loan surge

  January 31, 2017 20:23 IST

  India's largest private lender ICICI Bank today reported a 16.7 per cent dip in consolidated post-tax profit at Rs 2,611 crore for the three months.

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  Top 50 loan defaulters of PSBs had exposure of Rs 1.21 lakh crore: govt

  May 03, 2016 18:06 IST

  The top 50 defaulters of public sector banks had an exposure of Rs 1.21 lakh crore as on December 2015, Minister of State for Finance Jayant Sinha informed parliament today.

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  For bad loan issue, Raghuram Rajan blames ‘overall economic downturn’

  May 01, 2016 15:58 IST

  New Delhi: Asked to explain the “real causes” of ballooning bad loans at public sector banks, RBI Governor Raghuram Rajan has put the blame on “overall economic downturn”, among other reasons, in his submission to

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  Mallya wirtes to SC, question’s banks’ rights to seek information on overseas assets

  April 21, 2016 18:33 IST

  In the latest development in the ongoing loan default case in the Supreme Court, Vijay Mallya has questioned the rights of the banks to seek information of his assets abroad. In an affidavit filed before the apex court, Mallya claimed that he was not

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  RBI raises concern over banks' bad loan, asset quality

  November 22, 2013 6:28 IST

  Mumbai: The Reserve Bank of India (RBI) Thursday voiced concern over the rising non-performing assets or bad loans of banks and said it would focus on monitoring their asset quality.In a report on Trend and

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  SBI Net Up 12.4 Pc; Shares Tank 7 Pc On Bad Loan Concerns

  November 09, 2011 17:13 IST

  Mumbai, Nov 9: State Bank of India (SBI) today reported a moderate 12.4 per cent growth in net profit in the September quarter at Rs 2,810.43 crore, even as concerns over rising bad loans pulled