September 04, 2020 7:46 am
Taking note of the concerns of borrowers, the Supreme Court on Thursday directed that accounts that were not declared Non Performing Assets (NPAs) until August 31, shall not be declared so until further orders.
May 13, 2020 6:00 am
“The monitoring or review undertaken should examine whether the borrower is discharging repayment obligations or interest obligations as per terms of the loan agreement,” the Ministry said in an official communication to ministries on Tuesday.
June 24, 2019 7:04 am
MUDRA NPAs work out to 5.28 per cent of the total disbursements of Rs 311,811 crore as of March 2019, when compared to 3.96 per cent of total disbursements of Rs 246,437 crore in the previous year, as per MUDRA’s figures.
April 30, 2019 2:32 pm
YES Bank's stock dived as much as 30 percent on very high volumes in early trade on Tuesday, it's biggest intraday percentage loss since September 21, 2018.
May 21, 2018 6:46 am
Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.
December 26, 2017 10:35 am
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.
June 12, 2017 7:15 pm
RBI is at a fairly advanced stage of preparing a list of borrowers, according to the finance minister.
April 29, 2016 5:03 pm
As per the government, the main reasons for rise in NPAs are sluggishness in the domestic growth in the recent past, slow recovery in the global economy and continuing uncertainty in global markets.
July 29, 2015 3:54 am
The RBI and government must ensure that banks overhaul their loan appraisal process.
April 20, 2015 1:06 am
299 mega projects involving an outlay of R18.13 lakh crore stuck.