Search For "npa"
Rising NPA in education loan propelling banks' stress
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 26 (ANI): Amid the ongoing crisis caused by increasing Non-Performing Assets (NPAs) in the banking sector, default payment in education loans is adding on to this, the data released by the Indian Banks' Association (IBA) revealed.
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NPA biggest scam of UPA government: PM Modi
Updated : 8 years, 3 months ago IST
New Delhi [India] Dec. 13 (ANI): Prime Minister Narendra Modi on Wednesday said that the NPA (Non Performing Asset) was the biggest scam of the previous United Progressive Alliance (UPA) Government.
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IBBI's latest regulation enforces for greater grievance redressal
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): The Insolvency and Bankruptcy Board of India (IBBI), in its recent notification, have called for greater grievance redressal through regulations which enable a stakeholder to file a grievance or a complaint against a service provider.
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Loan waiver to capitalist is a rumor, says Jaitley
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 28 (ANI): Union Finance Minister Arun Jaitley on Tuesday refuted to rumors against the government waiving off any loans of big NPA defaulters.
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Surge in credit provisions to adversely affect PSBs' profitability
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
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Deleveraging, improved operational performance aiding revival of infra: IC
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 13 (ANI): Credit-rating body ICRA has claimed that the infrastructural segment is showing early signs of revival with the improvement in the financial profile of players.
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Negative impact of demonetisation behind us: SBI Chairman
Updated : 8 years, 4 months ago IST
Mumbai [India], Nov. 6 (ANI): With the completion of a year of the Centre's demonetisation drive round the corner, State Bank of India (SBI) Chairman Rajnish Kumar claimed that any negative impact that it caused is now 'behind us'.
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Congress has no idea of GST: Jaitley
Updated : 8 years, 5 months ago IST
New Delhi [India], October 25 (ANI): Union Finance Minister Arun Jaitley on Wednesday said that the Congress, which has been attacking him over the alleged failure of the Goods and Services Tax (GST), had "no idea" of the taxation scheme.
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Bank recapitalisation significant to address growth capital requirements:
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
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PSU banks, from 2008 to 2014, engaged in indiscriminate lending: Jaitley
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 24 (ANI): Union Finance Minister Arun Jaitley on Tuesday said that the public sector banks, from 2008 to 2014, engaged in indiscriminate lending, in an apparent attack at the then ruling alliance - the United Progressive Alliance (UPA).
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Jaitley to meet PSB chiefs today to assess NPA situation
Updated : 8 years, 7 months ago IST
New Delhi [India], June 12 (ANI): Finance Minister Arun Jaitley is scheduled to meet the heads of the Public Sector Banks (PSBs) on Monday to discuss the current situation of non-performing assets (NPAs) and the measures being taken to recover voluminous bad loans worth over Rs six lakh cror
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BJP is India's biggest Non Performing Asset: Congress
Updated : 8 years, 7 months ago IST
New Delhi [India] June 2 (ANI): The Congress Party on Friday said the released figures of the Indian economy clearly say that the Bharatiya Janata party (BJP) has become India's biggest Non Performing Asset (NPA).
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