News digest: New NPA rules, wind energy bidding, PPF account, and more

Over Rs 2.8 trillion worth of loans, where payments have remained outstanding for 60-90 days, carry the risk of slipping into the category of NPA

NPA levels of banks set to bloat with RBI's mega resolution framework

Over Rs 2.8 trillion worth of loans, where payments have remained outstanding for 60-90 days, carry the risk of slipping into the category of non-performing assets (NPAs) due to the revised framework for stressed loans. Read More

Six leading cement companies forming a 'cartel' under CCI scanner

The Competition Commission of India (CCI) in a preliminary investigation has found six leading cement companies have formed a cartel, this time in the northeastern region. Read More

Finance Ministry proposes to allow premature closure of PPF account'

The government