Search For "non performing assets"
IBC brought back Rs 3 lakh crore into banking system: Jaitley
Updated : 7 years ago IST
New Delhi [India], Feb 28 (ANI): The Insolvency and Bankruptcy Code (IBC) has brought back close to Rs 3 lakh crore back into the banking system, Finance Minister Arun Jaitley said on Thursday.
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RBI governor meets PSU bank chiefs
Updated : 7 years, 1 month ago IST
New Delhi, Jan 28 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
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NPAs have begun to stabilise, indicates RBI report
Updated : 7 years, 2 months ago IST
New Delhi [India[, Dec 28 (ANI): The latest statutory report by Reserve Bank of India on Trend and Progress of Banking in India 2017-18 indicates that the Non-Performing Assets (NPAs) have begun to stabilise, albeit at an elevated level; capital positions have been buffered and the provision
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'IBC has direct, indirect impact of Rs 3 lakh crore on NPAs'
Updated : 7 years, 3 months ago IST
New Delhi [India], Nov 24 (ANI): Ministry of Corporate Affairs (MCA) Secretary Injeti Srinivas said that the Insolvency and Bankruptcy Code (IBC) has an impact of around Rs 3 lakh crore on non-performing assets (NPAs).
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Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
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Falsehood of a 'Clown Prince': Jaitley tears into Rahul over Rafale, NPAs
Updated : 7 years, 5 months ago IST
New Delhi [India], Sept 20 (ANI): Citing examples of controversial Rafale deal and Non-Performing Assets (NPAs), Finance Minister Arun Jaitley on Thursday launched a scathing attack on Congress president Rahul Gandhi stating that his strategy is to "concoct a lie and repeat it as many tim
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Smriti Irani corners Congress for NPA crisis, National Herald scam
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): Union Textiles Minister Smriti Irani on Tuesday launched a scathing attack on the Congress over former Reserve Bank of India (RBI) governor Raghuram Rajan's remarks that most bad loans that account for Indian banks' Non Performing Assets (NPA) originated duri
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'NPAs hampered economy's growth, not demonetisation'
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 3 (ANI): NITI Aayog Vice Chairman Rajiv Kumar on Monday said that economic growth in six quarters starting from the last quarter of 2015-16 slowed down due to rise in Non-Performing Assets (NPAs) and not the 2016 demonetisation drive, as claimed.
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Chidambaram asks PM Modi to reveal number of bad loans under NDA
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 02 (ANI): Former finance minister P Chidambaram on Sunday hit back at Prime Minister Narendra Modi on his recent remarks on loans given during the United Progressive Alliance (UPA) regime, asking the National Democratic Alliance (NDA) government to reveal the number
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Project Sashakt: 5 prong strategy on stressed asset resolution
Updated : 7 years, 8 months ago IST
New Delhi [India], July 3 (ANI): Finance Minister Piyush Goyal unveiled 'Project Sashakt', a five-prong strategy to deal with non-performing assets.
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RBI Governor optimistic about NPA resolution
Updated : 7 years, 9 months ago IST
New Delhi [India], June 12 (ANI): Reserve Bank of India (RBI) Governor Dr Urjit Patel said he was optimistic about resolving the crisis caused by non-performing assets (NPAs) and stressed loans.
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UPA Govt responsible for NPAs: BJP
Updated : 7 years, 9 months ago IST
New Delhi [India], June 11 (ANI): The Bharatiya Janata Party (BJP) on Monday held the United Progressive Alliance (UPA) fully responsible for Non-Performing Assets (NPAs).
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