Latest News on Bad Loan
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Bad Loan - Total results - 29
Sep 03, 2018
The 'wise owl' of Mint Street: RBI governor Urjit Patel is firmly in saddle on regulations of banks, say analystsIn case of Patel, the RBI has also been working alongside the government on various fronts including the ambitious goals like doubling farmers' income, boost to digital payments and providing easier funding to MSMEs
Aug 21, 2018
State Bank of India chairman Rajnish Kumar calls for scaling down thrust on consortium lendingHe also said NPAs rose because bankers don't approach a borrower with the mind of a CBI/ED sleuth, but with trust.
Jul 30, 2018
Why Narendra Modi’s assurance, that he isn’t scared to be seen with industrialists, matters to economyIt is important that large businesses are taken into confidence and Narendra Modi has done just the right thing to speak in favour of businesses
Jul 06, 2018
Project Sashakt: Banks finalise inter-creditor agreement to fast track non-performing asset resolutionThe agreement, a part of Project Sashakt, will be taken to boards of respective banks and would be cleared in a couple of days, said PNB non-executive chairman Sunil Mehta
Jun 27, 2018
'Settlement initiatives date back to 2016,' says Vijay Mallya after MJ Akbar's claim that liquor baron had years to repay debtsAkbar said if Mallya wanted to repay his bank dues, he had many years to do so.
Jun 01, 2018
PSBs losses in FY18 wiped out govt's $13-billion capital infusion, situation unlikely to improve in current fiscal: FitchLosses by state-run banks have almost entirely wiped out $13-billion capital infusion by govt, and situation is unlikely to improve in current fiscal year
Jan 29, 2018
Economic Survey gives thumbs-up to bankruptcy code; calls it an effective tool to address NPA problemThe new Insolvency and Bankruptcy Code (IBC) has provided a resolution framework that will help corporates clean up their balance sheets and reduce debts.
Jan 25, 2018
PSB recapitalisation: Narendra Modi govt’s move can keep zombie banks alive for now, but rot runs deepThe problem runs lot deeper and even several rounds of capital infusion cannot come as a panacea to cure the ills of state-run banks unless fundamental flaws are addressed
Dec 22, 2017
Financial Stability Report: RBI warns of elevated NPA risks; private banks bad loan spike 41%Reserve Bank India (RBI) has said gross non-performing assets in the system shot up to 10.2 percent as of the September quarter, primarily led by private sector lenders, and has warned that the situation will only aggravate from there, "elevating" the systemic risks
Dec 05, 2017
From Moody's rating upgrade to Fitch's GDP cut: Why Narendra Modi govt needn't take rating agencies too seriouslyQuite clearly, there is no real conviction among rating agencies about India’s state of the economy