Npa Issue

IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery

Outstanding principal of Rs 2,300 crore in focus

Fintech firm Axio raises $20 million from Amazon Smbhav Venture Fund

Consumer finance company will use investment to scale up loan book and 'expand credit offerings'

Result preview: Cost of deposits to weigh on banks' margins in Q1

According to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit

Budget FY25: MSMEs may get 180 days to repay loans before NPA tag

Current bad loan classification period is 90 days

Improving confidence

A healthy banking system will support growth

NARCL will have economies of scale with respect to bad asset aggregation

The long overdue facilitation via NARCL comes at a time when banks' appetite for credit needs to be supported, as the economy turns a corner

IOB expects resolution of NPAs worth Rs 18,000 cr in 2nd half of FY21

On the back of resolution and pick up in advances, the bank aims to bring down the gross NPAs below 10 per cent mark by March.

Former RBI governor Urjit Patel pens book on dealing with NPA issue

Patel's book description says that sovereigns do not need to earn or save before spending money. They can either print or borrow.

NPAs rise in tandem as MFIs gross loan portfolios grow by 29% in FY20

More than 92 per cent of MFI loan disbursement in FY20 were in cashless mode, as compared to 85 per cent in FY19

Banking sector net NPA may improve to 3.2% by FY20 end: ICRA report

Net NPAs of banking sector stood at 3.8 per cent as of March 2019

RBI governor for tighter controls at PSBs, proactive independent directors

Blames lack of it for elevated levels of NPAs, capital shortfalls, fraud

Abhijit Banerjee's idea of privatisation won't end PSBs' NPA woes: Unions

Instead, the unions said, ensuring 'proper governance in the system' and 'removing political interference' will address the problem of NPAs

IOB puts Jai Balaji Industries' Rs 187-cr NPA account up for sale

The bank said this is the first lot of non-performing asset accounts to be sold during the ongoing quarter of the current financial year.

Bank of Baroda to raise Rs 5,500 crore capital through bonds, ESOP

CEO Jayakumar said the bonds were likely to be floated by August-end or the first week of September to raise tier II/tier I capital

Now, Sebi joins fight against bad loans

Provides takeover code exemptions for acquirer of stressed companies

We will soon ensure clean banking: Financial Services Secretary Rajiv Kumar

Public sector banks will be able to restructure MSME loans, says Kumar

PSBs put Rs 1-trn bad loans on sale as delays plague bankruptcy proceedings

Dragging cases in NCLT would mean higher provisioning in next quarter

Clock is ticking for Rs 3.8 trn stressed assets; 70 firms may land in NCLT

Power sector players have approached the courts against the RBI, with a plea to give extra time for working on resolution package

Parliamentary panel summons CEA Subramanian, ED, CBI over mounting NPAs

The banking sector is grappling with rising non-performing assets, which touched Rs 8.99 trillion in December 2017

Dear govt, bond with investors; just throwing cash won't help state lenders

With the rupee near an all-time low, letting the rupee slump by printing more of it isn't a politically palatable option for Modi's team ahead of next year's election