bad loans

Forum writes to CJI against bank write-offs, seeks judicial probe

July 29, 2023 4:09 am

The forum apprehends defaulters and entity buying assets are beneficiaries of a design to “loot national exchequer.”

Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI

July 24, 2023 1:23 pm

The RBI’s RTI reply to The Indian Express says that loan write-offs by banks rose to Rs 209,144 crore during the fiscal ended March 2023 as against Rs 174,966 crore a year ago in March 2022 and Rs 202,781 crore in March 2021.

Bad loans come down further, gross NPAs at 3.6% by next March

June 29, 2023 6:06 am

If the macroeconomic environment worsens, though, the GNPA ratio may rise sharply, the central bank said in its Financial Stability Report (FSR) for June 2023 released on Wednesday.

Lenders may mark Go First as NPA this qtr

May 12, 2023 3:45 am

Two more lessors move NCLAT against airline’s insolvency proceedings.

Bad loans down, but wilful default accounts shoot up

March 15, 2023 11:57 am

Among financial institutions, HUDCO had 130 wilful default accounts for Rs 12,211 crore. Private banks reported 1,523 accounts for Rs 27,431 crore as of December 2022.

What the RBI’s Financial Stability Report reveals about the banking sector

August 05, 2022 8:44 am

Rajeswari Sengupta writes: Balance sheets have improved but banks are unlikely to fund investments in industry, infrastructure

Proposal to create bad bank for farm loans raises several issues that need careful deliberation

December 07, 2021 8:32 am

🔴 There are better ways to help farmers. Ensuring timely access to credit on more favourable terms for one. But the broader policy framework should facilitate farming becoming a more remunerative occupation.

Tackling the problem of bad loans

November 23, 2021 7:15 am

C Rangarajan, B Sambamurthy write: Despite various attempts to create an efficient framework for resolving bad loans, poor ecosystem and legal delays frustrate many of these initiatives.

FM Sitharaman announces Rs 30,600 crore govt guarantee for 'bad bank'

September 17, 2021 7:35 am

Finance Minister Nirmala Sitharaman said most of the big-ticket NPAs (Non Performing Assets) will be transferred to NARCL, thereby cleaning up banks’ balance sheets and freeing up growth capital for them to support economic activity.

Experts see new surge in bad loans, could rise to 13-15% this FY

June 16, 2021 7:06 am

Analysts estimate that non-performing assets (NPAs) will jump from a little under 8 per cent in the previous fiscal year — helped by restructuring, write-offs and regulatory relaxations including a loan moratorium — to 13-15 per cent in 2021-22.

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

June 22, 2020 6:22 pm

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

56.4 Per Cent Rise In Bad Loans Or Non Performing Assets Of State Owned Banks

June 22, 2020 7:10 pm