Reserve Bank of India board discusses NPA crisis, liquidity crunch faced by NBFCs post-IL&FS crisis
• 7 years agoReserve Bank of India meeting assumes importance as it comes within a week of the central bank openly dissenting with the government on the question of a separate regulator for payments system.
Narendra Modi govt's tenure 'best years' of Indian economy: EAC-PM member Surjit Bhalla
• 7 years agoOn reform front, Surjit Bhalla said the government should consider income transfer instead of higher minimum support price (MSP) and loan waivers
The Great Indian NPA Mess: Bad loans can snowball into banking crisis; Jaitley's solution has political overtones
Srikanth • 7 years agoNPAs on the other hand, have been growing. The problem was that banks did not have the capacity to assess infrastructure projects which were much bigger now.
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
Union minister Arun Jaitley is right; a witch-hunt can put even good bankers under fear psychosis
Dinesh Unnikrishnan123 • 7 years agoWhile erring bankers must be brought to book, a witch-hunt is no cure. Because bankers will , fearing investigation, go slow on lending to genuine borrowers, moves that will apply the brakes on the economic recovery
Project Sashakt: Banks finalise inter-creditor agreement to fast track non-performing asset resolution
• 7 years agoThe 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
NPA crisis: Sunil Mehta panel backs bad bank plan; to be funded by lenders
• 7 years agoThe Sunil Mehta committee has backed the government plan for a bad bank to fight the bad loan menace by setting up an asset management company/asset reconstruction company
HDFC bank is 'too big to fail': Weak regulatory mechanisms mean this RBI certificate is no insurance against failure
Shohini Sengupta • 8 years agoA look at Otkritie Bank, a Russian major, and what happened to it just a few weeks ago illustrates the problem with such tagging
IoB bad loans at 20%: A wake up call for PM Modi to rethink aversion on privatisation
Dinesh Unnikrishnan123 • 9 years agoThe solution is once the ongoing clean up exercise repairs the books of these banks, the government should work out a road map to privatise these entities
Solving India's NPA crisis: The technology way
Fp Archives • 9 years agoTotal NPAs, as a percentage of the total loans, has grown from 2.11 per cent to 5.08 percent.