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Tag: Non-Performing Assets

India’s banks write off Rs.16.35 lakh crore in bad loans over...

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Govt withholds names of defaulters with bad loans India’s banks have written off non-performing assets (NPAs) or bad loans worth about Rs.16.35 lakh crore in...

Reserve Bank’s resolute efforts resulted in material decline in NPAs of...

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RBI tells SC there has been material decline in NPAs due to its efforts The Reserve Bank of India (RBI) has told the Supreme Court...

Bank staffers’ union AIBEA releases list of wilful defaulters of public...

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India’s largest bank staffers union, the All India Bank Employee’s Association (AIBEA) on Saturday released the list of wilful defaulters who owe Rs.1,47,350 crore...

NPA resolution – A case of the left hand giving the...

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As the deadline imposed by the Reserve Bank of India to the banks that are holding on to Non-Performing Assets (NPA) expires, the government...

How do NPAs become monsters?

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 NewsX channel put out a wonderful expose on Non-Performing Assets (NPAs), after investigating several companies that have become NPAs. Over a period of 50...

Fitch underlines the economic weaknesses of India

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Fitch's ratings of India unchanged The rating agency Fitch’s refusal to upgrade India’s sovereign rating underlines the Narendra Modi government’s inability to galvanize the economy....

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