NPA battle: RBI likely to start insolvency proceedings vs Rs 8 lakh cr bad loans by March 2019
• 8 years agoIt is no secret that NPAs are a big drain on the financial health of banks especially public sector banks (PSBs).
RBI puts four public sector banks under watch on asset quality concerns
• 8 years agoThese banks have been advised by both the Finance Ministry and the RBI to improve their financials, look for avenues for capital infusion and create a self-sustaining model by selling assets, they added.
Bank NPAs: RBI's Viral Acharya warns of Japan's lost decade; here's full text of his speech
Fp Staff • 8 years agoViral Acharya proposed measures to deal with the NPA problem indicating a tough stance by the central bank.
Banks' gross NPAs may worsen to 9.3% by March: RBI's Financial Stability Report
• 9 years agoForeseeing worsening situation of bad loans in the country, Reserve Bank today said the gross non- performing assets of the banks can rise to as high as 9.3 per cent in 2016-17 after hitting 7.6 per cent in March 2016. Banks' gross NPA had stood at 5.1 per cent in September 2015, a report released by RBI said.