Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs; NBFCs may witness margin pressures in FY20: Report
• 6 years agoJindal said banks may need an additional of Rs 40,000 crore in provisions for these Rs 1.5-2 lakh crore loans, which may slip into NPAs.
Six years after Rs 9,000 cr default, Vijay Mallya is still a free man; but a farmer can be sent to jail in just 5 hours for a Rs 1.2 lakh crop loan?
Dinesh Unnikrishnan123 • 6 years agoAdani Capital plans to raise around Rs 1,000 crore in debt in FY19 to fund growth
• 6 years agoAdani Capital began operations as an NBFC in April 2017 with a focus on MSME and corporate finance.
RBI Policy: Goods news for savers, but tough times ahead for borrowers as loans may turn expensive
Madan • 7 years agoHome loans, which have been the mainstay of banking in the last three years, would be affected by these two successive rate hikes and homeowners will be affected here
Why Narendra Modi’s assurance, that he isn’t scared to be seen with industrialists, matters to economy
Dinesh Unnikrishnan123 • 7 years agoIt is important that large businesses are taken into confidence and Narendra Modi has done just the right thing to speak in favour of businesses
RBI’s message to bankers, wily promoters: Call a spade a spade; don’t fool the regulator and investors
Dinesh Unnikrishnan123 • 7 years agoThe RBI has warned wrongdoers among banks that monetary penalties and higher provisions will be imposed if banks resort to evergreening.
Narendra Modi speech: Yes, NPAs are making of Congress-era, but isn’t it time PM moved past ghosts of UPA?
Dinesh Unnikrishnan123 • 7 years agoPM Narendra Modi calls 'NPAs scam' bigger than those linked to Commonwealth Games, 2G telecom spectrum allocation and coal block allocation
Govt won't waive off corporate loans despite staggering NPAs of public sector banks
Ians • 7 years agoBad loans of state-run banks amounted to a staggering Rs 7.34 lakh crore by the end of second quarter of the current fiscal ended September, most on account of corporate defaulters, as per official data.
Direct tax revenue kitty grows 19% in Apr-July to Rs 1.90 lakh crore, says finance ministry
• 8 years agoIn 2016-17, the government collected over Rs 8.49 lakh crore in direct taxes, 14.5 percent higher than the previous year.
Madhya Pradesh farmers' protest: Rahul Gandhi is only worsening problem with flawed logic on loan waiver
Dinesh Unnikrishnan123 • 8 years agoRahul Gandhi's intent to help the grieving farmers is laudable, but his argument will only encourage more farmers to join the protests seeking freebies