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Centre tells UIDAI, NPR to complete Aadhaar enrolments by March

Nov 06, 2014

Centre tells UIDAI, NPR to complete Aadhaar enrolments by March

UIDAI has already issued 70 crore Aadhaar numbers to residents across the country. Nine states, including Andhra Pradesh, Kerala, Delhi, Himachal Pradesh, have crossed 90 percent Aadhaar coverage, while 16 states have over 70 percent coverage, said a press statement by UIDAI. #NewsTracker #NPA #Aadhaar #UIDAI #Pradhan Mantri Jan Dhan Yojana
Ghost of imprudent lending haunts state-run banks as private banks play safe

Oct 31, 2014

Ghost of imprudent lending haunts state-run banks as private banks play safe

Of the 18 banks that have announced earnings so far, the sharpest rise in bad loans have come from three state-run entities-Indian Overseas Bank (IoB), Andhra Bank and Punjab National Bank #Economy #Banks #NPA #Growth #Punjab National Bank #ANDHRA BANK #revival #Indian Overseas Bank #Public Sector
Stress on banks' balance sheets a serious threat to Modi's economic revival agenda

Oct 29, 2014

Stress on banks' balance sheets a serious threat to Modi's economic revival agenda

It is highly critical for the Modi-government to address the deterioration in the financial health of companies and, in turn, that of banks, if it is serious about what it preaches #Economy #S&P #RBI #Banks #NPA #Growth #Moody's Investors Service #revival #Public Sector
Three reasons why bad loans are a bigger challenge than inflation for RBI

Oct 01, 2014

Three reasons why bad loans are a bigger challenge than inflation for RBI

One critical issue Rajan and his colleagues acknowledged but has possibly underestimated is the bad loan scenario in the banking system #Inflation #RBI #Monetary policy #Raghuram Rajan #NPA #public sector banks #bad loans