NPAs

NPAs News

RBI Governor Urjit Patel appears before Parliamentary panel; assures steps to strengthen banking system

In his last appearance before the panel, RBI Governor Urjit Patel was also questioned on loan restructuring programmes, which lead to ever greening of loans, and resolution of defaults under the IBC, sources had said.

SBI to auction 12 bad accounts this month to recover over Rs 1325 crore

RBI's revised framework has earmarked specified norms for early identification of stressed assets, timeline for implementation of resolution plans and a penalty on banks for failing to adhere to the prescribed timeline.

Advertising

No impact on NPAs due to farm loan waivers by states, says Urjit Patel

According to a report, the farm debt waivers announced by the five large states together will widen the fiscal deficit of the states by Rs 1,07,700 crore or 0.65 per cent of GDP in the current financial year. 

RBI to revamp oversight panel; bigger role for rating agencies

Central Bank to expand scope of cases referred to OC beyond those under S4A

For weaker PSBs: Capital infusion to be performance-linked

The finance ministry has set some conditions before public sector lenders with not-so-strong finances, like reducing NPAs, and shutting down not-profitable branches for capital infusion

Jaitley reaches out to banks hoping to boost economic growth

Finance Minister Arun Jaitley, however, said no discussion took place on bank recapitalisation.

Advertising

Arun Jaitley: Loan defaulters cannot be let off easily

The Finance Minister has promised that the government will provide greater capital support to the banks

Finance Ministry to soon set up panel on bad loans, work out solution

At the end of December, as many as 701 accounts with bad loans exceeding Rs 100 crore owed public sector banks (PSBs) Rs 1.63 lakh crore, while SBI accounted for the biggest chunk.

NPA worries: Banks call meet to chalk out strategy

Banks are witnessing some defaults on interest payments from small firms that are dependent on a single project.

Syndicate ‘CMD bribe’ Bank saw steady, sharp rise in bad loans

A loan where the borrower fails to make the interest or principal payment for 90 days is classified as an NPA.

Advertising