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Friday, March 29, 2024
TopicNPAs

Topic: NPAs

Project completion slows down in 2018-19 but there’s good news for Modi govt, says study

CMIE study shows implementation has gathered pace and turnaround by next year is possible. This will create more jobs, push overall economic growth.

This Chennai bank is the perfect case study on how to crush the bad loans problem

Indian Bank is the rare public sector bank with the least NPAs and consistent record of reporting profits.

‘Clown Prince’ Rahul Gandhi, you lied on the Rafale deal & NPAs: Arun Jaitley

The finance minister accused Congress of lying about the actual value of NPAs during its tenure.

Govt announces merger of Vijaya Bank, Dena Bank and Bank of Baroda

The merger proposal will be examined by the boards of respective banks.

It all began under UPA: Raghuram Rajan gives Modi ammunition against Congress on bad loans

The reckless lending by PSU banks is seen as an outcome of pressure by UPA government to step up credit.

Raghuram Rajan NPA note: Congress legacy or Modi didn’t check bad loan crisis in time?

Former RBI governor Raghuram Rajan in a note to a parliamentary panel said slow decision-making and over-optimism among bankers aggravated the bad loan problem....

Scandal-hit PNB wants south Indian banks to help revive its fortunes

Turnaround plan includes acquiring other PSU banks that have a strong presence in south India.

The nature and timing of Modi govt’s changes to bankruptcy law look suspicious

Law made to retrieve money from bad debt is being used to loot public money. 

Modi govt may push for mergers to tackle crisis in state-run banks

Apart from the insolvency and bankruptcy code, the govt may announce additional mechanisms to strengthen recovery and reduce NPA levels.

In Narendra Modi govt’s final year, distressed assets and bad loans ail banking sector

A gradual systemic failure of banking and financial institutions can lead to catastrophic collapse of our economy. Arvind Subramanian’s resignation this week as the Chief...

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.