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  Indian economy, domestic financial system remain resilient on strong macroeconomic fundamentals: RBI

  Business | December 28, 2023 20:41 IST

  The Reserve Bank on Thursday said net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent at the end of September 2023 and the country's domestic financial system remains resilient.

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  Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: RBI Guv

  Business | June 08, 2023 12:53 IST

  Till now, this avenue for dud asset resolutions was available only with scheduled commercial banks and select non-bank finance companies, Das said, adding that comprehensive guidelines on the same will be released soon.

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  How 2 IIT-Delhi alumni aim to address India's big NPA problem

  Business | November 18, 2021 19:21 IST

  In an exclusive conversation with India TV, Credgenics CEO and Co-Founder Rishabh Goel talked about the billion dollar NPA problem in the country and how they aim to resolve it.

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  Larger number of bad loans originated during 2006-2008, fraud not discouraged: Raghuram Rajan

  Business | September 11, 2018 16:51 IST

  In his reply to the Estimates Committee, Rajan said that in such an environment bankers' became over confident started lending large loans 'based on project reports by the promoter’s investment bank, without doing their own due diligence'.

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  Rising NPAs: Parliamentary panel questions RBI on failure to take preemptive action

  Business | August 28, 2018 14:39 IST

  The panel, which includes former prime minister Manmohan Singh as a member, wanted to know the reasons of ever-greening of stressed accounts through restructuring schemes of the Reserve Bank of India.

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  Rising NPAs: RBI puts 200 stressed bank accounts under scanner

  Business | August 16, 2018 12:23 IST

  This exercise comes at a time when gross NPAs in the banking system has risen to around Rs 10.3 lakh crore, or 11.2 per cent of advances, compared to Rs 8 lakh crore, or 9.5 per cent of total loan, as on March 31, 2017.

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  Banks sign inter-creditor agreement on resolving NPAs: Goyal

  Business | July 24, 2018 7:59 IST

  The ICA is being signed by 22 public sector banks, including the India Post Payments Bank, 19 private sector banks and 32 foreign banks.

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  PNB puts on sale 3 NPA accounts to recover over Rs 136 crore dues from borrowers

  Business | July 06, 2018 16:04 IST

  The bank hopes to recover Rs 136 crore dues by selling the three NPA accounts- Gwalior Jhansi Expressways, SVS Buildcon Pvt Ltd and Shiva Texfabs Ltd.

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  Gross NPAs of banks may peek around 11.5% in FY19: Crisil

  Business | June 05, 2018 17:24 IST

  In a report, the rating agency said that the GNPAs increased to around Rs 10.3 lakh crore in FY18.  It was 11.2 per cent of advances compared with Rs 8 lakh crore, or 9.5 per cent of advances, as on March 31, 2017.  

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  Banks hit by NPAs, scams need to overcome problems fast to lend large credit: Former RBI governor

  Business | March 07, 2018 13:11 IST

  "I think that through recapitalisation and other measures, we really need to ensure that the banking system gets strong enough to be able to begin the process of lending."

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  What is PNB scam and how India’s biggest banking fraud worth Rs 11,400 crore unravelled

  Business | February 15, 2018 14:28 IST

  How did two bank employees manage to help three business firms swindle such a large amount? Read on to understand what is PNB-Nirav Modi scam and how India’s biggest banking fraud worth Rs 11,400 crore unravelled.

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  As NPAs soar 34.5% in Q3, new RBI guidelines expected to add further stress on public sector banks

  Business | February 14, 2018 7:17 IST

  Worse may not be over for the banking sector. As the bad loans are on a steady rise, new RBI guidelines are expected to add over Rs 2.8 trillion worth of loans in NPA category.

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  Banks fear additional Rs 40,000-cr NPAs as RBI reclassifies Axis Bank's accounts

  Business | October 22, 2017 20:40 IST

  The banking sector fears accretion of more than Rs 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as NPAs by RBI.

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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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  Bad loans: Bankers meet on 12 large defaulters begins today; PMO to review progress separately

  June 19, 2017 11:49 IST

  The 12 defaulters accounting for 25 per cent of total bad debt include Essar Steel, Bhusan Power and Steel, Alok Industries, Amtek Auto, Monnet Ispat, Lanco Infra, Electrosteel Steels, Era Infra, Jaypee Infratech, ABG Shipyard, and Jyoti Structures

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  Will soon announce names of 12 'mega' defaulters identified by RBI: Finance Ministry

  June 14, 2017 19:39 IST

  The Finance Ministry today said names of the 12 big defaulters identified by the RBI for initiation of bankruptcy proceedings will soon be made public

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  12 accounts have 25 pc of Rs 8 lakh cr bad debt with banks: RBI

  June 14, 2017 11:24 IST

  The RBI today identified 12 accounts each having more than Rs 5,000 crore of outstanding loans and accounting for 25 per cent of total NPAs of banks for immediate referral for resolution under the bankruptcy law

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  Corporate loans worth Rs 5L cr under govt scanner amid attempts to counter bad loan menace: report

  May 30, 2017 12:11 IST

  The loans under scanner include those that have either become Non Performing Assets (NPAs) or those restructured as of December 2016

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  President approves NPA ordinance: Here’s how it empowers RBI to target loan defaulters

  May 05, 2017 13:09 IST

  The ordinance to deal with the banking sector's non-performing loans and the amendment to the Banking Act received President Pranab Mukherjee’s approval on Friday.

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  Congress slams Modi govt for 56 per cent increase in NPAs

  Politics | February 23, 2017 0:00 IST

  The Congress today slammed the Narendra Modi government for fooling the people, saying Non-Performing Assets (NPAs) have increased 56 per cent in the last 12 months between December 2015-16.