Search For "npa"
RBI Governor appears before parliamentary panel
Updated : 7 years, 9 months ago IST
New Delhi [India], June 12 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel has appeared before the parliamentary panel on finance here on Tuesday.
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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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President gives nod to ordinance treating home buyers as creditors
Updated : 7 years, 9 months ago IST
New Delhi [India], Jun 6 (ANI): President Ram Nath Kovind on Wednesday gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, providing significant relief to home buyers by recognising their status as financial creditors.
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Risk review report on Indian Banking sector by Alea Consulting
Updated : 7 years, 9 months ago IST
New Delhi [India], June 6 (ANI-NewsVoir): Alea Consulting has come up with a risk review report on Indian Banking Sector. The Indian banking system emerged safe out of the credit crisis of 2008-09, however, the relief was short-lived as Indian banks are swamped by two major challenges - bank
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SBI reports net loss of Rs.7,718 cr in Q4
Updated : 7 years, 10 months ago IST
New Delhi [India], May 22 (ANI): The State bank of India (SBI) on Tuesday reported a net loss of Rs. 7,718 crore in the fourth quarter of the previous fiscal (Q4).
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ICICI profits plunge nearly 50% in Q4
Updated : 7 years, 10 months ago IST
New Delhi [India], May 7 (ANI): Private sector banking major ICICI bank on Monday reported an approximate plunge of 50 percent in its standalone profit for the fourth quarter of the fiscal ended March 31, 2018.
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Economy growing below its potential: Manmohan Singh
Updated : 7 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 07 (ANI): Taking a dig at the state of economic affairs under the Narendra Modi-led National Democratic Alliance (NDA) government, former Prime Minister Dr. Manmohan Singh on Monday said that the economy is growing below its potential.
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ASSOCHAM calls for urgent fixing of twin balance sheet problem
Updated : 7 years, 11 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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Lenders need to be proactive in monitoring borrowers: RBI
Updated : 7 years, 11 months ago IST
Pune (Maharashtra) [India], Apr. 18 (ANI): Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of lea
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Parliamentary Committee summons RBI Governor amid banking scams
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 17 (ANI): Amid the banking scams unearthed in the recent past, the Parliamentary Committee has reportedly summoned Reserve Bank of India (RBI) Governor Urjit Patel.
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Twin balance sheet problem nearing resolution: ASSOCHAM
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 15 (ANI): The long-pending problem of twin balance sheets of banks and highly leveraged corporate firms is likely to be resolved reasonably in the forthcoming quarters, the ASSOCHAM said on Sunday.
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Axis Bank's CEO seeks shorter term, to step down in December
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 09 (ANI): Axis Bank's CEO Shikha Sharma will exit the bank on December 31, 2018, after the bank reduced her term to six months from three years at her request.
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