npa
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.
Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years
Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.
Banks see whopping 73 per cent spike in frauds at Rs 71,543 cr in FY19
Banks, on an average, report fraud loss of Rs 35,000 crore every year.
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.
Govt considering giving more powers to RBI to regulate NBFCs: Sitharaman
As on June 23, 2019, 9,643 NBFCs were registered with RBI.
By March 2020, banks’ gross NPAs to reduce to 8 per cent
The banking system saw gross NPAs reaching a peak of 11.5 per cent in March 2018. In March 2019 NPAs stood at 9.3 per cent.
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.
Number of wilful defaulters in nationalised banks up 60 pc to 8,582 in 5 years
Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years.
PNB to sell NPAs worth over Rs 1,000 cr, six accounts put on block
The reserve price for the six non performing assets (NPAs) has been fixed at Rs 342 crore.
New RBI norms to give more lenders headroom to resolve large NPAs: Report
New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.