Search For "npas"
Rs 15,310.73 billion returned from circulation post-demonetisation
Updated : 6 years, 8 months ago IST
New Delhi [India], July 15 (ANI): The total value of specified bank notes returned from circulation during 2016-'17 was Rs 15,310.73 billion, Minister of State for Finance Anurag Thakur informed the Lok Sabha in a written reply on Monday.
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NPAs worth Rs 4 lakh crore recovered in past four years
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sitharaman said on Friday.
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PNB reports net loss of Rs 4,750 cr in Q4 due to higher provisioning for b
Updated : 6 years, 9 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
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SBI reports net profit of Rs 838 crore in Q4 FY19, NPAs decline
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 10 (ANI): State Bank of India (SBI) on Friday reported standalone net profit at Rs 838 crore for the March quarter of the financial year 2018-19.
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Bandhan Bank's profit up 68 pc at Rs 651 crore in Q4 FY19
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI): Kolkata-based Bandhan Bank on Thursday reported 68 per cent increase in its March quarter net profit to Rs 651 crore due to higher net interest and non-interest income.
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Astounding Centre doesn't want to disclose info about loan defaulters, say
Updated : 6 years, 10 months ago IST
New Delhi (India) Apr 26 (ANI): It is astounding that there is Rs 10 lakh crore non-performing assets (NPAs) of banks, but the Central government does not want to disclose details about defaulters, said noted lawyer Prashant Bhushan here on Friday.
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Banking sector on way to recovery: Niti Aayog
Updated : 7 years ago IST
New Delhi [India], Feb 22 (ANI): The government has done a lot to improve governance in the banking sector which is beginning to contribute again, Niti Aayog Vice Chairman Rajiv Kumar said on Friday.
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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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'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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