npa news

The bad bank structure will assist in consolidation of debt, currently fragmented across various lenders, thus leading to faster, single-point decision making, including through Insolvency and Bankruptcy Code (IBC) processes, Sitharaman said.

india news

Updated on Sept 17, 2021 06:53 am IST

Go after big fish if concerned about NPAs: Supreme Court to PSBs

The bench, which also included justices MR Shah and Hima Kohli, was hearing an appeal by Canara Bank against a judgment of the Madras high court in March this year.

india news

Published on Sept 01, 2021 07:10 am IST

Private lenders see retail stress build up

Most banks do not provide a break-up of their stressed loan book between retail and corporate segments.

business

Published on Mar 18, 2021 08:21 am IST

Education NPAs rise as Covid-19 hits jobs

Experts said job and income loss and drop-out rates following Covid, were key factors behind the surge in NPAs.

business

Published on Mar 16, 2021 05:30 am IST

Case for fresh review of bad loans after pandemic

The Eco Survey says a clean-up of bank balance sheets is necessary when forbearance is discontinued.

business

Updated on Jan 30, 2021 07:02 am IST

Open to examine proposal on bad banks: RBI governor Shaktikanta Das

Reserve Bank of India (RBI) governor Shaktikanta Das also said that the current COVID-19 pandemic-related shock will place greater pressure on the balance sheets of banks in terms of non-performing assets, leading to erosion of capital.

business

Published on Jan 16, 2021 02:27 pm IST

Finance minister Nirmala Sitharaman moves bill to amend Banking Regulation Act

Union finance ninister Nirmala Sitharaman speaks in Lok Sabha during the ongoing monsoon session of Parliament amid the coronavirus pandemic in New Delhi on Wednesday.

business

Published on Sept 16, 2020 05:46 pm IST

SC grants relief to borrowers, protect accounts from being declared NPA till further orders

The apex court passed the order while noting the submissions of senior advocate Harish Salve, who appeared for banks’ association and said that “no account shall become NPA at least for a period of two months”.

business

Published on Sept 03, 2020 08:29 pm IST

Programme for micro-enterprises: No set targets, flagship scheme losing steam

From 2015-16 to 2019-20, public sector banks sanctioned 2,07,639 accounts and assistance of ₹10,169 crore was allotted, according to official data.

india news

Updated on Aug 13, 2020 01:21 am IST

Know why Prafful Sarda is an invincible leader

Prafful has been honoured with “Puneri Pagdi” & “Divine social award” at Pune Yerwada Central Jail for his contribution in social service through various social cause and activities.

brand post

Updated on Jul 31, 2020 07:22 pm IST

A turning point for the financial sector | HT Editorial

RBI Governor Shaktikanta Das addresses at the 7th SBI Banking & Economics Conclave, Mumbai, July 12

editorials

Updated on Jul 12, 2020 10:10 pm IST

Bank defaulters flee country, SBI lodges complaint against Delhi firm after 4 yrs

SBI has filed a complaint against the rice exporters Ram Dev International Limited who have fled the country by cheating six banks of 414 crore rupees.

india news

Updated on May 09, 2020 12:30 pm IST

Yes Bank founder Rana Kapoor’s ED custody extended till March 20; agency probes money laundering charges

Yes Bank promoter Rana Kapoor being produced at a court, in Mumbai on Monday.

india news

Updated on Mar 16, 2020 05:28 pm IST

‘Video not released by us’: Jamia distances itself from ‘police brutality’ footage

A woman walks near a protest site against Citizenship Amendment Act (CAA), NRC and NPR , at Jamia Millia Islamia University, in New Delhi, on Friday, February 14, 2020.

india news

Updated on Feb 16, 2020 06:00 pm IST

Govt’s Rs 25,000cr realty booster inadequate to revive stalled projects: ICRA

As per ICRA estimates, around Rs 35,000-45,000 crore would be required to fund the completion of the revised quantum of 4.58 lakh eligible dwelling units. Image used for representation

real estate

Published on Nov 07, 2019 10:10 pm IST

Realtors welcome government's decision to help complete stalled housing projects

Announcing the Cabinet decision, Finance Minister Nirmala Sitharaman said several sovereign funds have expressed interest in the scheme and may join at a later stage.

real estate

Updated on Nov 07, 2019 07:25 am IST