scorecardresearch
Tuesday, November 5, 2024
TopicNon-Performing Asset

Topic: Non-Performing Asset

CBI unable to file over 100 high-value bank fraud cases since 8 states withdrew probe consent

The eight states that haven’t given consent for the CBI to probe cases on their turf are Maharashtra, Punjab, Rajasthan, West Bengal, Jharkhand, Chhattisgarh, Kerala, and Mizoram.

CBI books Amrapali Biotech over alleged fraud of Rs 47.97 crore in PNB

CBI also booked the company's directors for misappropriating the loan amount given to them by the bank 'with an ulterior motive to embezzle the public money'.

Section 7 of RBI Act — Modi govt’s ‘secret weapon’ against the central bank

In light of the very public row between the Modi govt and RBI over the latter's NPA rules, there's been talk that the govt could invoke Section 7 of RBI Act.

RBI on its own cannot solve the NPA crisis in Indian banking sector

There is need for a broader action plan, involving various government bodies, to fight the NPA crisis in banking sector.

SC allows ArcelorMittal & NuMetal to bid for Essar provided they clear their dues in 2 weeks

The top court held both firms ineligible under amended Insolvency and Bankruptcy Code but granted them a fresh opportunity.

On Camera

Let there be no doubt that scientist Rohini Godbole left us unwillingly

If Rohini Godbole had a better collaborative environment, no doubt her name would have been in the mix for the JJ Sakurai Prize for Theoretical Particle Physics.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

As IDF unveils robotic combat task force, Israeli maker says open to working with India

Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.