Npa
-
RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent
Business | December 30, 2024 19:07 ISTThe Reserve Bank of India has released its Financial Stability Report (FSR) expressing optimism about the economy in the near future. It also revealed facts about NPA, the condition of Scheduled Commercial banks and inflation.
-
RBI proposes stringent rules for funding under-construction projects: What will be the impact?
Business | May 08, 2024 18:05 ISTWith a focus on reducing NPAs, the proposed regulations require banks to provision up to five per cent of the loan amount during the construction phase, with adjustments as the project progresses.
-
Bank NPAs may worsen to 11.6% by end of this fiscal due to coronavirus pandemic: Report
Business | June 04, 2020 18:56 ISTGross non-performing assets (NPAs) of banks are likely to worsen to 11.3-11.6 per cent by the end of this financial year from 8.6 per cent as of March 2020, due to disruptions caused by the coronavirus pandemic, according to a report.
-
Govt loses 23 paise on each Re of taxpayer money used in PSBs
Business | January 31, 2020 20:39 ISTEach rupee of taxpayers' money invested by the government in NPA-heavy public sector banks as equity are resulting in a loss of 23 paise. "Over Rs 4,30,000 crore of taxpayer money is invested as Government's equity in PSBs. In 2019, every rupee of taxpayer money invested in PSBs, on average, lost 23 paise," the Economic Survey 2020 said.
-
Banking sector net NPA may improve to 3.2pc by March-end, says report
Business | December 26, 2019 20:12 ISTAided by better recoveries and declining slippages, overall net non-performing assets (NPAs) of the banking sector are likely to improve to 3.2-3.3 per cent by the end this fiscal from 3.7 per cent in September 2019, says a report. Net NPAs of banking sector stood at 3.8 per cent as of March 2019.
-
Banks' asset quality improves as NPAs remain stable at 9.1% as of September: RBI
Business | December 24, 2019 18:38 ISTAs the bad loan recognition process nears completion, the health of the banking system has improved with the gross non-performing loan ratio remaining stable at 9.1 per cent as of September-end, the same level as in FY19, according to the RBI.
-
NPAs may come down to Rs 9.1 lakh cr by FY'20 : Report
Business | September 03, 2019 17:37 ISTIt said large stressed borrowers have debt aggregating to Rs 5.4 lakh crore, which is a huge playing field in itself for investors.
-
Merger can't tackle issues of low capital,higher NPAs:Analysts
Business | August 30, 2019 21:43 ISTAmidst the growing signs of deepening slowdown, finance minister Nirmala Sitharaman Friday announced four new set of mergers of state-run banks-- Punjab National Bank taking over Oriental Bank of Commerce and United Bank of India, creating the nation's second-largest lender; Syndicate Bank merging with Canara Bank; Union Bank of India will amalgamate with Andhra Bank and Corporation Bank; and Indian Bank will merge with Allahabad Bank.
-
IL&FS did not disclose NPAs for 4 years: RBI
Business | August 21, 2019 10:05 ISTThe IL&FS had not disclosed any NPAs for the last four years, the Reserve Bank of India (RBI) has said in a report. The IL&FS had not disclosed any NPAs for the last four years, the Reserve Bank of India (RBI) has said in a report.
-
Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT
Business | April 16, 2019 21:06 ISTIt is the obligations of the banks to mark any loan as NPA after a default of 90 days, and they cannot be relieved from doing that, said the Reserve Bank of India, adding that it is a process which every bank has to follow.
-
State Bank of India puts up 11 NPA accounts for sale to recover Rs 1,019 cr
Business | November 04, 2018 11:25 ISTOf these 11 accounts, Janki Corp Ltd has the highest outstanding dues of Rs 592.53 crore.
-
NPA cases worth Rs 8,000 cr likely to be resolved during this fiscal: IFCI
Business | September 16, 2018 17:34 ISTAs many as seven cases were resolved through the National Company Law Tribunal (NCLT) and payment has been received in Bhushan Steel, Basai Steel & Power Limited and Monnet Ispat cases, he said.
-
Union Minister Smriti Irani accuses Sonia, Rahul Gandhi and Priyanka Vadra for increased NPA
News | September 11, 2018 13:54 ISTIt is Congress who is responsible for increased NPA. Rahul Gandhi, Priyanka Vadra & Sonia Gandhi wanted to sabotage the taxpayer's money: Union Minister Smriti Irani
-
'NPAs, not demonetisation, caused slowdown', NITI Aayog Vice Chairman dismisses reports of him blaming Rajan
India | September 03, 2018 23:17 ISTEarlier, various reports claimed that Kumar blamed Rajan's policies for the declining growth rate over the last three years.
-
Parliamentary panel seeks road map on NPA problem, enquires about 'nepotism' in ICICI Bank
India | June 04, 2018 20:43 ISTAmong others, IBA Deputy Chairman and SBI chief Rajnish Kumar and PNB MD Sunil Mehta briefed the panel on various aspects of non-performing assets (NPAs) and banking frauds.
-
IDBI Bank’s net loss widens to Rs 5,663 crore in Q4; NPAs soar to 28%
Business | May 25, 2018 16:19 ISTIDBI Bank’s gross NPA soared to 27.95% of its loans at March 2018-end compared to 21.25% at the end of March 2017. Similarly, the net NPAs were 16.69% compared to 13.21%.
-
PSUs write-off NPAs worth Rs 2.4 lakh crore in over 3 years, TMC demands names of defaulters
Business | April 04, 2018 16:06 ISTThe Centre, however, declined to name the defaulters, citing a section of the RBI Act which prohibits it from disclosing credit information given by banks.
-
Reveal list of those whose NPAs have been written off: CPI-M
Politics | February 22, 2018 17:28 ISTCommunist Party of India-Marxist General Secretary Sitaram Yechury also emphasised the need to oust the BJP-led Central government adding that it can be achieved through pooling of maximum number of anti-BJP forces.
-
Big defaulters responsible for higher NPAs of banks: Arun Jaitley
September 11, 2017 6:24 ISTJaitleysaid that recovery of money from these "big people" has become a "big challenge"
-
12 large NPAs: Banks may see provisions doubling this year, says Morgan Stanley
June 30, 2017 18:34 ISTForeign brokerage Morgan Stanley today said it sees banks' provisioning for 12 largest default accounts doubling up from the current level.
Top News
-
3 Indians missing, 21 rescued after another ship attacked off Oman coast; MEA summons US diplomat
-
Trump threatens more airstrikes on Iran after Tehran fires back at countries in Gulf region
-
Satellite images reveal AMCA undergoing crucial stealth testing in Hyderabad: Why is it significant?
-
When is FIFA World Cup 2026 opening ceremony and kick off? Check timing details and artists
Latest News
-
Will PM Modi meet Trump at G7 Summit? India, US exploring possibility of bilateral meeting in France
-
From 80 kg to 64 kg: Fitness influencer reveals the diet plan behind her 16 kg weight loss
-
Trump threatens more airstrikes on Iran after Tehran fires back at countries in Gulf region
-
Railways to conduct nationwide fire safety audit at stations: What it means for passenger safety
-
When is FIFA World Cup 2026 opening ceremony and kick off? Check timing details and artists
-
Rs 22 lakh a month from a swimming pool? Viral Meerut business claim gets people talking
-
Thane: Senior citizen brutally beaten after objecting to auto driver spitting on road | Watch video
-
A 'bloodstain' spreading across a newspaper left readers puzzled. Here's what it really was
-
Australian influencer lost his iPhone at the IPL final, here's what happened next
-
'Putting us youngsters to shame': 60-year-old Brigadier's pull-up challenge wins hearts online