Search For "npa"
RBI Issues Master Direction for Asset Reconstruction Companies
Updated : 1 year, 11 months ago IST
According to the directions, to commence the business of securitisation or asset reconstruction, an ARC is required to have a minimum net owned fund (NOF) of Rs300 crore and thereafter, on an ongoing basis.
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Public sector banks doing better in managing NPAs vis-a-vis their private
Updated : 2 years ago IST
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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Indian banking sector continues to improve with better asset quality, high
Updated : 2 years ago IST
The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed.
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ED provisionally attaches properties worth Rs 4.81 crore in bank fraud cas
Updated : 2 years ago IST
According to a press release, the properties, consisting of land and buildings, are linked to individuals involved in a bank fraud case in Jammu and Kashmir. The ED's action comes as part of its ongoing investigation into the matter.
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ED attaches immovable properties worth Rs 13.20 crore of SGS Group
Updated : 2 years, 1 month ago IST
The Enforcement Directorate has attached immovable properties worth Rs 13.20 crore of SGS Group in an alleged bank loan fraud of Rs 6,117.93 crore, the agency said on Friday.
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Breaking Ground in Commerce Education: The Academic City School Partners w
Updated : 2 years, 1 month ago IST
Indore (Madhya Pradesh) [India], February 2: In a groundbreaking collaboration, Nahata Professional Academy (NPA) and The Academic City School are proud to announce the launch of the FIRST Residential Campus for Integrated professional education at Indore.
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Women-owned businesses getting more loans; non-performing assets less than
Updated : 2 years, 2 months ago IST
"230 million women received their bank accounts for the first time courtesy of the Jan Dhan Yojna. Of the 400 million loans given out, 70 per cent of beneficiaries were women with women-owned businesses, which means, 280 million women-owned businesses received funds. The NPA was less than 2.
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'Fit Rise 75 NPA Triathlon' marks conclusion of Fit Rise 75 programme at N
Updated : 2 years, 2 months ago IST
The Sardar Vallabhbhai Patel National Police Academy organised 'Fit Rise 75 NPA Triathlon', which comprised three sub events - 1 km swimming, 40 km cycling and 10 km running - as part of celeberations of 75 years of service to the nation
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Asset quality of banks improves to decadal high at end-September: RBI
Updated : 2 years, 2 months ago IST
The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and further to 3.2 per cent at end-September 2023.
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Indian banks continue to stand strong and resilient; over Rs 15,000 crore
Updated : 2 years, 3 months ago IST
Indian banks continue to stand healthy, strong and resilient amidst global turmoil and while Non-Performing Assets (NPAs) are coming down, profit margins are going up, Finance Minister Nirmala Sitharaman said on Tuesday
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Congress is responsible for India's non-performing assets crisis: BJP lead
Updated : 2 years, 4 months ago IST
He posted on X, "The Congress would have us believe that the BJP government is responsible for the NPA crisis, but former RBI governor Raghuram Rajan, an ally of the Congress, was unambiguous in ponting out that many of the problematic loans originated during Congress-led UPA era. Banks were
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MP CM Chouhan announces time-bound salary to all department doctors
Updated : 2 years, 6 months ago IST
“Medical college doctors will also get the benefit of the seventh pay scale from January 1, 2016. Errors in the calculation of NPAs will be corrected. Contractual doctors will also get facilities at par with government contractual employees. All departmental doctors will receive equal pay fo
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