Latest News on Gross Npa
Showing of 0 - 10 from 13 results
Gross Npa - Total results - 13
Jan 08, 2019
Default rates among borrowers taking multiple loans from MSME lenders rise to 4.4% in three years: ReportThe study shows that 45 percent of the sanctions showing loan stacking behaviour belong to loans sanctioned by NBFCs and 23 percent of the borrowers who have taken loans from NBFCs fall in this category.
May 23, 2017
RBI refuses to disclose list of loan defaulters despite SC order, citing state's economic interestsOn December 16, 2015 the apex court had clearly rejected RBI's arguments and ordered disclosure of defaulters' list
Mar 23, 2017
RBI puts four public sector banks under watch on asset quality concernsThese 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.
Feb 20, 2017
Bank NPAs are worsening: Is the Narendra Modi govt ignoring the warning signals?With private investment cycle yet to take off, bank money is the only source for majority of small and medium sized firms. This is why recapitalising banks become critical
Jan 17, 2017
Many PSU banks may skip dividend payout this fiscalOnly six state-owned banks including SBI declared dividend, though at a lower rate, for the financial year ended March 2016.
Aug 09, 2016
NPA mess: Will Rajan’s successor at RBI continue with the ‘Swachh Banks’ missionOne of the questions repeatedly posed to Reserve Bank of India (RBI) governor, Raghuram Rajan, on Tuesday was the fate of the ongoing bad loan clean-up process in the banking system post his exit in September
Jul 27, 2016
Govt banks wrote off Rs 59,500 cr last year: Why the taxpayer should worryWhen PSBs do huge write-offs, the taxpayer is taking the real hit. Such bail-outs cannot go on forever
Jun 28, 2016
Banks' gross NPAs may worsen to 9.3% by March: RBI's Financial Stability ReportForeseeing 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.
May 12, 2016
Rajya Sabha passes Bankruptcy code: Can it help banks address the bad loan issue?The Rajya Sabha on Wednesday cleared the long-awaited Insolvency and Bankruptcy Code, 2016, that seeks to improve the ease of doing business in the country by enabling banks to wind up companies faster if resolution isn’t feasible. Lok Sabha passed the Bill on last Thursday.
Feb 10, 2016
Wake-up call for FM Jaitley: Banking crisis deepens as PSBs' bad loans shoot through the roofPunjab National Bank (PNB), India’s second largest state-run bank, logged gross non-performing assets (NPAs) of 8.47 per cent for the December-quarter. Bad loans are loans, where recovery is overdue more than 90 days.