Npa

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Npa - Total results - 415
Loan melas have been recipe for NPA disaster for PSBs starting with Rajiv Gandhi era; Narendra Modi govt should learn from past
Business

Loan melas have been recipe for NPA disaster for PSBs starting with Rajiv Gandhi era; Narendra Modi govt should learn from past

This announcement must be a Déjà vu moment for many senior and retired bank officials who would have participated in the 80’s loan melas and seen its consequences.

Govt's boost to real estate disappointing, says CREDAI; key demands such as tax rebate yet to be addressed
Business

Govt's boost to real estate disappointing, says CREDAI; key demands such as tax rebate yet to be addressed

CREDAI's national chairman Jaxay Shah said the fund created for completing the stalled real estate projects will have limited impact.

How can Narendra Modi govt fix economy’s slowdown problem? Certainly not through online tracking of bank loan applications
Business

How can Narendra Modi govt fix economy’s slowdown problem? Certainly not through online tracking of bank loan applications

If this is the best sample list of the government's plan of action to get the economy out of a deep slowdown phase, one needs to worry about the plan of action.

Mega merger: PNB, Canara, Union, Indian Bank shares feel heat on bourses post-amalgamation; what is the shareholder thinking?
Business

Mega merger: PNB, Canara, Union, Indian Bank shares feel heat on bourses post-amalgamation; what is the shareholder thinking?

For better understanding, let’s look at the share movement of the acquiring banks or the anchor banks involved in the merger process.

PSU bank mergers: Consolidation is no panacea as social banking goals remain with state in a vulnerable economy
Business

PSU bank mergers: Consolidation is no panacea as social banking goals remain with state in a vulnerable economy

Some of the fundamental objectives for which banks were nationalised in the first place remain critical for managing India's complex economy.

DHFL resolution plan: Lenders want Kapil Wadhawan to step down as chairman and managing director of cash-strapped firm
Business

DHFL resolution plan: Lenders want Kapil Wadhawan to step down as chairman and managing director of cash-strapped firm

The promoter would also be required to pledge a part of their remaining stake to lenders. Promoter group holding in DHFL is 39.21 percent

Tracking India's economic slowdown: Narendra Modi's $5 trillion goal is wishful thinking unless Rs 100 lakh cr infra puzzle is solved
Business

Tracking India's economic slowdown: Narendra Modi's $5 trillion goal is wishful thinking unless Rs 100 lakh cr infra puzzle is solved

If the Modi government finds a way and manage to implement the Rs 100 lakh crore investment as announced, this will indeed act as a big stimulus to the economy and help revive the job market.

SBI reports Rs 2,312 cr net profit in first quarter driven by higher income, decline in bad loans
Business

SBI reports Rs 2,312 cr net profit in first quarter driven by higher income, decline in bad loans

SBI's standalone total income increased to Rs 70,653.23 crore in the first quarter of 2019-20 as against Rs 65,492.67 crore in the same period a year ago, as per the financial results posted by the bank on stock exchanges.

Finance Minister Nirmala Sitharaman to meet CEOs of PSU banks on Friday, discuss ways to increase credit growth
Business

Finance Minister Nirmala Sitharaman to meet CEOs of PSU banks on Friday, discuss ways to increase credit growth

The meeting assumes significance as it will be the first after the Narendra Modi government returned to power in May this year

Does DHFL deserve an IL&FS style bailout; Moneycontrol Pro experts' stocks pick; read this and more on Moneycontrol Pro
Business

Does DHFL deserve an IL&FS style bailout; Moneycontrol Pro experts' stocks pick; read this and more on Moneycontrol Pro

DHFL is IL&FS 2.0 not only because both have defaulted on their commitments but also because no one has any idea of the mess the two NBFCs are in

LIC to go public? If that happens, govt’s favourite milch cow will finally get a life of her own
Business

LIC to go public? If that happens, govt’s favourite milch cow will finally get a life of her own

To be sure, LIC has been rampantly used by both the previous United Progressive Alliance (UPA) and the National Democratic Alliance (NDA) governments despite a steady fall in its share in the insurance industry.

Why super-rich sulking over super-hike in tax rates is bunkum; someone ought to foot the bill anyway
Business

Why super-rich sulking over super-hike in tax rates is bunkum; someone ought to foot the bill anyway

The higher tax charges will apply to individuals and domestic investors in the said income brackets as well. There will be repercussion going ahead as well.

Nationalisation of banks: Govt can continue to own banks, but management must be made professional
Business

Nationalisation of banks: Govt can continue to own banks, but management must be made professional

Also, the PSBs have taken up technology quite well with core banking now virtually omnipresent. Employee efficiency too has improved and comparable with that in private banks.

Union Budget 2019: Nirmala Sitharaman presents ‘no-change’ Budget; one mustn't read too much into numbers
Business

Union Budget 2019: Nirmala Sitharaman presents ‘no-change’ Budget; one mustn't read too much into numbers

The Budget speech had spoken of what all has been given in the interim Budget and not made any concession here. Therefore, there is nothing specific for households here.

Economic Survey 2019 presents good overview, but should not be read as precursor to Sitharaman's maiden Budget
Business

Economic Survey 2019 presents good overview, but should not be read as precursor to Sitharaman's maiden Budget

The Economic Survey also takes a view that the NPA issue is behind us and hence banks can now lend.

Economic Survey 2019: Banking sector performance improves as bad loans decline in 2018-19; credit growth accelerates
Business

Economic Survey 2019: Banking sector performance improves as bad loans decline in 2018-19; credit growth accelerates

The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated, the finance minister said.

As many as 2,313 instances of frauds reported in Mudra loan accounts; investigation underway to ascertain lapses
Business

As many as 2,313 instances of frauds reported in Mudra loan accounts; investigation underway to ascertain lapses

Under the PMMY, Mudra has created three products—'Shishu', 'Kishore' and 'Tarun'—to signify the stage of growth and funding needs of the beneficiary.

UBI counts on one-time settlement scheme for Rs 4,000-cr NPA recovery in FY20; may raise fund up to Rs 1,500 cr
Business

UBI counts on one-time settlement scheme for Rs 4,000-cr NPA recovery in FY20; may raise fund up to Rs 1,500 cr

UBI had posted an overall net loss of Rs 2,316 crore in the last fiscal, owing to a rise in stressed assets and muted loan book growth.

RBI’s financial stability report: Why it’s high time Shaktikanta Das did a Raghuram Rajan-style AQR before shadow bank crisis blows up
Business

RBI’s financial stability report: Why it’s high time Shaktikanta Das did a Raghuram Rajan-style AQR before shadow bank crisis blows up

The RBI’s worry is not without reason. In the recent past, two NBFCs have faced a major crisis situation—IL&FS and DHFL—on account of a severe liquidity shortage.

UCO Bank declares Yashovardhan Birla wilful defaulter after group firm fails to pay Rs 67.65 cr loan
Business

UCO Bank declares Yashovardhan Birla wilful defaulter after group firm fails to pay Rs 67.65 cr loan

Uco Bank on Sunday put out a public notice with Birla’s photograph declaring Birla a wilful defaulter after Birla Surya did not repay loans to the tune of Rs 67.65 crore