Low offtake, rising under-recovery dispel hopes of revival
Gross NPAs in the banking system are expected to be about 10.5% of advances as of March 2018
The bad loans of state-run banks at the end of last September rose to Rs 6.3 lakh crore
NPAs have risen over Rs 9 lakh crore, RBI can now refer cases to Insolvency and Bankruptcy Board
A majority of the debt requiring deep haircuts belong to companies with unsustainable businesses
When asked for records before issuing the June 13 statement the RBI said there were no such records
Govt has provided loans to over 7 crore poor and self-employed under the Mudra scheme
Efficient and speedy resolution of NPAs needs Sebi's help
RBI has reviewed the top 500 exposures that are partly or wholly classified as NPAs
Three steelmakers have combined debt of nearly Rs 1 lakh cr
Lenders have been asked to register against these defaulting borrowers in NCLT within a month
Build capacity to support the RBI's bold decisions on NPAs
The RBI will issue directives to banks on these large accounts
Panagariya said that eventually lot of recapitalisation needs to happen
It estimates that banks were already sitting on unrecognised stressed loans worth Rs 7.7 lakh cr
If you are expecting any better outcome from this latest move, you believe in miracles
The biggest threat in banking regulation is the pressure within the RBI to hide bad news at banks
SBI has already taken board approval for raising up to Rs 15,000 crore through various means
Ordinance gives RBI powers to deal with NPAs
Noting that despite the enactment of the Factoring Regulation Act in 2011