Tag: NPA

IL&FS Board Initiates Disinvestment Process for Assets
Stock Market News

IL&FS Board Initiates Disinvestment Process for Assets

SMEStreet Desk- July 4, 2019

“This committee is formed in view of positive response received from financial institutions to the framework outlined, by Prudent Norms for resolution of stressed assets ... Read More

List of Willful  Defaulters Released by SBI
InFocus, Finance

List of Willful Defaulters Released by SBI

SMEStreet Desk- June 28, 2019

Mostly based in Mumbai, the defaulters have been served repeated reminders to clear their outstanding that are pegged at nearly Rs 1,500 crore. Read More

Revised NPA Circular to be Issued by RBI, by 10th June
News

Revised NPA Circular to be Issued by RBI, by 10th June

SMEStreet Desk- June 6, 2019

The apex court had on April 2 struck down RBI's February 12 circular whereby the central bank had mandated lenders to initiate resolution or restructuring ... Read More

NPA Recovery Will Be the Top Challenge for New Upcoming Government
InFocus, Analysis

NPA Recovery Will Be the Top Challenge for New Upcoming Government

SME STREET- April 9, 2019

The new Central government will undertake a thorough review of the public sector banks (PSBs) soon after taking office, sources said. According to the sources, ... Read More

NPA Mechanism to Get Revised Soon, RBI & FinMin to Work Together
LimeLight, Analysis

NPA Mechanism to Get Revised Soon, RBI & FinMin to Work Together

SMEStreet Desk- April 4, 2019

The Finance Ministry and the Reserve Bank of India (RBI) may soon start consultations with each other to find out a revised mechanism on non-performing ... Read More

Ex. RBI Chief, Raghuram Rajan Warns for an NPA Threat from MSME Loans Through SIDBI Schemes
LimeLight, News

Ex. RBI Chief, Raghuram Rajan Warns for an NPA Threat from MSME Loans Through SIDBI Schemes

SMEStreet Desk- September 11, 2018

Quoting a 17-page note to the Parliamentary Estimates Committee, Raghuram Rajan said both the MUDRA loans as well as the Kisan Credit Card, while popular, ... Read More

Bhushan Steel Parks Rs 36,400 Crore Debt with Lenders, IBC on Track
Clusters, LimeLight

Bhushan Steel Parks Rs 36,400 Crore Debt with Lenders, IBC on Track

SMEStreet Desk- July 5, 2018

The resolution of bank’s NPA crisis has been going for quite some time now, and among many measures, IBC is believed to be the game ... Read More