Topic: NPAs
Mega projects can reignite economy but infra NPAs for banks remains high, says RBI governor
In an address to the CII, Das stressed the need for alternative sources of infra financing, and pushed for early completion of FTAs with US, UK and EU.
Indian banks could add Rs 10 lakh crore in NPAs due to Covid: Ex-finance secretary Garg
In a blog, ex-finance secretary Subhash Chandra Garg said 80% of bank lending was to non-essential sectors that have completely stopped functioning in the lockdown.
Raghuram Rajan tried to find bad loans. The dirt that came out was thrice his expectation
In Bad Money, Vivek Kaul writes how public sector banks refrained from recognising bad loans because that meant setting aside money to meet these losses.
How a reform on Modi govt agenda can protect your deposits & keep banks from failing
Bringing back the Financial Resolution and Deposit Insurance Bill could be a very important reform in laying the foundations of a stronger financial system.
Indian economy is sinking and Modi govt knows what will work. So what is it waiting for?
Four quick-impact reforms are already on the Modi government’s agenda. It is time for the BJP to heed its own advice.
Amar Ujala & Jagran back Modi on CAA, Bhaskar says Jharkhand verdict shows anger against BJP
A round-up of the Hindi newspapers opinion pages to reflect the viewpoint on topical issues from the heartland.
Sensex crashes by 306 points as HDFC twins & FMCG stocks plummet
Stock markets extended their losses for a third straight day amid weak global trends, sinking the Sensex to an over two-month low.
Andhra Bank, SBI, UBI among top PSU banks with over 70% NPA from industry in FY19
Finance ministry data shows Andhra Bank had highest share of industry bad debts at 86%. UBI and Indian Bank followed at 78% and 74%, respectively.
TCA Raghavan on India’s Pakistan policy, and Harsh Mander on what he ‘dreads’ Modi govt will do
The best of the day’s opinion, chosen and curated by ThePrint’s top editors.
Anurag Behar gives a ‘teaser’ of new education policy & Ashwani Lohani on Air India’s downfall
The best of the day’s opinion, chosen and curated by ThePrint’s top editors.
Boring Joe Biden chooses boring Kamala Harris for VP. But it’s a logical choice
California’s Kamala Harris is a nationally known senator from a big state who had run for president and acquitted herself well. That speaks well of Biden.
Bitcoin run is again giving bulls hope for prices beyond $12,000
The digital-asset community tends toward Bitcoin bullishness at pretty much any time, but there are indications the increase might be more sustainable this time around.
Defence
No progress made in India-China major general-level talks, all eyes now on diplomatic parleys
Talks were held Sunday over Depsang Plains tensions. Next round of meeting under Working Mechanism for Consultation and Coordination is being scheduled now.
Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version
Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.