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Banks file over 2,800 suits to recover Rs 1 lakh crore in a year

During 2017-18, the GNPA ratio reached 14.6 per cent for PSU banks due to restructured advances slipping into NPAs and better NPA recognition.

CVC comes out with report on top 100 bank frauds with RBI, ED and CBI

The probity watchdog is learnt to have shared its findings, compiled on bank frauds as on March 2017, with the RBI, ED and CBI among others, officials said.

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Earnings preview: Bad loan, MTM provisions may extend banks’ losses

KIE observed, adding that retail-oriented banks, such as HDFC Bank, IndusInd Bank and City Union Bank, are likely to report stable performance.

Non-performing assets: Worsening recovery of bad loans

After peaking in 2009 and remaining well above 40 per cent in the earlier years, banks’ NPA recovery rate has declined over the years to just 20.8% at the end of March.

Bad loans: Banks not deciding for fear of action, admits CVC K V Chowdary

CVC K V Chowdary said the country’s top anti-corruption watchdog has also tried to assure safeguards against Vigilance freezing up “bona fide decisions” that could result in paralysis.

Good news on bad loans

Relationship between entrepreneurs, banks, bankruptcy is being reworked to end culture of impunity.

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Finance Minister Arun Jaitley reviews NPA scenario with top bankers

RBI, Arun Jaitley said, is in an advanced state of preparing a list of bad loans where resolution is required under the insolvency and bankruptcy rule. Also, the government is actively working on consolidation of state-owned banks.

In fact: When financial institutions evolved into banks

The Narasimham Committee-II had suggested that these institutions should either convert themselves into banks or non-banking financial companies (NBFCs).

Cabinet clears bill for speedy recovery of bad loans

The bill aims to improve ease of doing business, facilitate investment leading to higher economic growth and development, an official statement said.

PNB reports $802 million Q4 loss as bad loans surge

Provisions, including for loan losses, nearly tripled from a year earlier to 104.85 billion rupees in the March quarter, the New Delhi-based lender said in a regulatory filing.

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Bank officials under CBI probe has risen 5 times in the last 4 months: News in Numbers

The number of bank officers arrested or facing charges for being involved with bad loans has gone up five times in the last four months. Here’s the #NewsInNumbers. See more: https://bit.ly/2IM1j4c

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