bad loans
Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman
Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.
SBI puts up for sale two NPA accounts to recover dues of Rs 309 crore
The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.
A mess: Patel admits RBI was slow to take timely measures
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
Economic Survey: Banking sector performance improved due to fall in bad loans in 2019
The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated.
Wilful defaults in India cross USD 21 billion in 2018-19
As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.
Amount involved in bank frauds of above Rs 1 lakh on decline
The amount involved in such frauds in 2017-18 and 2018-19 stood at Rs 9,866 crore and Rs 6,735 crore
Gross NPAs of banks may reduce to 8 per cent by March 2020: Report
NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.
RBI sets new stressed assets norms
Lenders get 180 days to resolve default under new framework.
Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19
Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.
IBC process helps recover Rs 70,000 cr bad loans in FY19: Report
The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.