Search For "non performing asset"
ASSOCHAM calls for urgent fixing of twin balance sheet problem
Updated : 7 years, 10 months ago IST
New Delhi [India], April 29 (ANI): Inability of the banks, reeling under the mammoth problem of non-performing assets (NPA) to lend, coupled with lack of appetite for fresh investment by highly indebted India Inc. has resulted in most of the industry sectors reporting negative growth in depl
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RBI issues corrective framework for PSBs
Updated : 7 years, 12 months ago IST
New Delhi [India], Mar. 17 (ANI): Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
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Jacob Zuma to be prosecuted for graft
Updated : 7 years, 12 months ago IST
Pretoria [South Africa], Mar 16 (ANI): Former South African President Jacob Zuma will be prosecuted on corruption charges, the country's chief prosecutor Shaun Abrahams said here on Friday.
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Business problem given political twist, alleges Chidambaram
Updated : 8 years ago IST
Bengaluru (Karnataka) [India], Mar. 11 (ANI): Former Finance Minister P. Chidambaram on Sunday alleged that the increase in non-performing assets (NPAs), which is essentially a business problem, was given an "undeserving political twist."
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Adani 'biggest NPA trapeze artiste': Swamy
Updated : 8 years ago IST
New Delhi [India], Mar. 6 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Tuesday termed industrialist Gautam Adani as the "biggest Non-Performing Asset (NPA) trapeze artiste in PSUs."
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No NPA during PM Modi's rule: BJP
Updated : 8 years ago IST
New Delhi [India] March 5 (ANI): The Bharatiya Janata Party (BJP) on Monday said not a single loan given under Prime Minister Narendra Modi's rule has become a non-performing asset (NPA).
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NPA accounts above Rs 50 Cr to be probed for fraud
Updated : 8 years ago IST
New Delhi [India], Feb. 27 (ANI): In the wake of the recent crackdown on bank fraud cases, Rajeev Kumar, Secretary in the Department of Financial Services on Tuesday informed that all the Non-performing asset (NPA) accounts above Rs 50 crore will be examined for fraud.
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BJP chief blames Congress for OBC, Nirav Modi scams
Updated : 8 years ago IST
New Delhi [India], Feb. 26 (ANI): Bharatiya Janata Party (BJP) President Amit Shah on Monday accused the Congress party of creating the non-performing asset (NPA) and bad loan mess.
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During Doklam stand-off, Cong met China envoy: PM Modi
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 7 (ANI): Prime Minister Narendra Modi on Wednesday hit out at Congress President Rahul Gandhi for meeting the Chinese Ambassador during the recent border standoff at Doklam.
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IBC mechanism being used to resolve NPA Problem: Economic Survey
Updated : 8 years, 1 month ago IST
New Delhi [India], January 29 (ANI): The International Bank of Commerce (IBC) mechanism is being used to resolve the Non-Performing Asset (NPA) problem in the country, as per the Economic Survey 2017-18.
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Banks reporting spike in NPAs, declining credit growth
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 25 (ANI): A FICCI-IBA Survey has noted that banks are reporting an increase in non-performing assets (NPAs), lower restructuring of loans and a slow pace of growth in bank credit.
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Jaitley, Chidambaram spar over NPAs in Rajya Sabha
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 2 (ANI): Former Union Finance Minister P Chidambaram questioned the National Democratic Alliance (NDA)-led Central Government on the issue of Non-Performing Assets (NPA) in the Rajya Sabha (RS) on Tuesday, asking for data to prove that loans sanctioned during the Unite
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