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Wednesday, February 26, 2020

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BANK BAD LOANS NEWS

Banking: 17 PSU lenders post Rs 59,145-crore losses in Q4

May 29, 2018 5:54 am

It’s double whammy as their banks’ gross non-performing assets (NPAs) have shot up 46.70 per cent to Rs 8,40,868 crore as of March 2018 with the recent Reserve Bank circular scrapping loan recast schemes adding to the woes.

Amid rising bad loans of PSBs: Government won’t allow banks to default, says DFS secretary

May 24, 2018 1:13 am

The finance ministry expects banks to write back more than Rs 1 lakh crore after the resolution of all 12 NPA cases referred to insolvency proceedings by the RBI it its first list.

Identifying NPAs: PSBs start audit of loans over Rs 50 crore

April 30, 2018 7:13 am

After completion of the audits, the banks will prepare details of accounts that could potentially turn into non performing assets (NPAs), which will then be shared with the Government and investigative agencies for further action.

Gyan Sangam set to kick-start financial sector reforms

January 01, 2015 1:54 pm

McKinsey to guide bank chiefs in suggesting reforms; finance minister to be present at conclave.

Banks non-performing assets likely to rise further in 2014: Assocham

December 31, 2013 4:36 pm

The Assocham bank study found that slippages on NPAs show no signs of abating in 2014.

Raghuram Rajan says NPAs not alarming,but time for corrective steps

December 18, 2013 4:24 pm

Gross NPAs of banks crossed 4 per cent in Sept quarter at Rs 2.37 trillion.