Home » npa

You Searched For "npa"

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Bankers hail RBI move to name top dud loans

Total NPAs stand at over Rs 8 trillion of which Rs 6 trillion are with public sector banks.

15 Jun 2017 9:42 AM IST

About 700 farmers have committed suicide in the drought-hit Vidarbha and Marathwada region. (Photo: AFP)

65 pc of 9.50 trillion agri debt may be potentially waived: Nomura

Debt waiver in the near term leads to relief in agri NPAs for banks in that state.

14 Jun 2017 9:42 AM IST

Defence Minister Arun Jaitley. (Photo: PTI)

Govt actively working towards bank consolidation: Jaitley

A top ministry official said there is no option but to resolve the NPAs as far as the sectoral source is concerned.

12 Jun 2017 3:09 PM IST

Finance minister Arun Jaitley

Jaitley reviews NPA scenario with top bankers

Public sector banks made a stable operating profit of Rs 1.5 lakh crore in 2016-17.

12 Jun 2017 1:59 PM IST

Finance Minister Arun Jaitley

Jaitley to meet PSB chiefs to assess NPA situation

Currently, the PSBs are being faced with toxic loans of Rs 6.06 lakh crore during April-December 2016-17.

12 Jun 2017 11:11 AM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

Bankers lap up a 'balanced' Union Budget 2017

Chanda Kochhar of ICICI Bank said Arun Jaitley has tried to provide a growth impetus while maintaining fiscal prudence.

1 Feb 2017 7:35 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Massive NPA under-reporting: RBI says no ruels changed

Lenders started reporting divergences since this June for having under-reported NPAs in FY16.

6 Dec 2017 4:23 PM IST

Union Steel Minister Chaudhary Birender Singh

Steel companies have to sustain by being competitive: Birender Singh

Six guiding principles contained in progress report lay foundation for taking tangible policy actions to reduce excess...

2 Dec 2017 6:02 PM IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Essar, Bhushan Steels and Electrosteel referred to NCLT for insolvency

Essar Steel, Bhushan Steel and Electrosteel Steel collectively have NPAs worth Rs 1 lakh crore.

23 Jun 2017 11:16 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Loan defaulters: IDBI starts insolvency proceedings against Lanco...

Lanco Infratech is among the 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore.

19 Jun 2017 10:39 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Bankers to meet from Monday to decide on large loan defaulters

Banks will meet to discuss six of the 12 accounts named by the RBI before referring accounts to the NCLT.

18 Jun 2017 3:08 PM IST