Search For "npas"
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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MSME worst hit by GST, Demonetisation, says RBI study
Updated : 7 years, 6 months ago IST
New Delhi [India], Aug 18 (ANI): A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and Services Tax (GST) roll-out and Demonetisation, which had a significant impact on the overall credit of t
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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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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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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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Gross NPAs to reach Rs. 9, 50,000Cr by March '18
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 23 (ANI): With the Indian banking sector currently under stress, gross NPAs are expected to rise from Rs. 8 lakh crore to Rs. 9.5 lakh crore by March this year, an ASSOCHAM-Crisil study noted.
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Tech-based approach can help NBFCs meet credit demand: Study
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 7 (ANI): Amid increasing pressure on the banking system due to bad loans and NPAs, an ASSOCHAM-PwC joint study noted that in order to meet credit demand, non-banking financial companies (NBFCs) in India could explore investments in newer technology, particularly in the
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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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Rising NPA in education loan propelling banks' stress
Updated : 8 years, 2 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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Jaitley to meet PSB chiefs today to assess NPA situation
Updated : 8 years, 6 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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Credit deployment to power, telecom sector declining: ASSOCHAM
Updated : 8 years, 6 months ago IST
New Delhi [India], May 14 (ANI): An ASSOCHAM paper noted that with a declining appetite for both lenders and borrowers in debt-ridden sectors like power, telecom and mining, the deployment of bank credit to these has witnessed a plunge and the trend may continue unless the basic issue of re
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