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Chief Economic Adviser Arvind Subramanian

Country needs bad bank badly: Subramanian

Chief Economic Adviser proposes setting up a public asset rehabilitation agency to fix balance sheet.

22 Feb 2017 5:48 PM IST

RBI governor Urjit Patel

RBI revises PCA rules to tackle Rs 6 lakh crore bad loans

Central bank issues new set of enabling provisions under label of revised prompt corrective action framework.

14 April 2017 11:53 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPA resolution: PMO to review progress on June 19

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of PSBs.

17 Jun 2017 12:47 PM IST

Reserve Bank of India

Analysts sure of RBI rate cut due to record low CPI inflation

The RBI chose to go for a status quo in the policy rates at its review last week.

13 Jun 2017 6:34 PM IST