Tag: NPA

Industry Urged Finance Ministry to Open One Time Debt Restructuring Option Without NPA Process
LimeLight

Industry Urged Finance Ministry to Open One Time Debt Restructuring Option Without NPA Process

SMEStreet Edit Desk- June 18, 2020

In a letter to Finance Minister Nirmala Sitharaman dated June 16, Assocham 's Secretary General Deepak Sood said the move will aide in early economic ... Read More

ICRA Predicts Bank NPAs May Rise to 11.6% by March 2021
News, Analysis

ICRA Predicts Bank NPAs May Rise to 11.6% by March 2021

SMEStreet Edit Desk- June 5, 2020

"The uncertainty on the asset quality of banks remains high with almost 30-40 per cent of loan book across various banks under moratorium announced by ... Read More

NPAs of BoB and Indian Bank Increased Many Fold In last Six Years
Finance, Banking & Finance

NPAs of BoB and Indian Bank Increased Many Fold In last Six Years

SMEStreet Desk- May 4, 2020

 The NPA of Bank of Baroda (BoB) rose from Rs  11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI reply ... Read More

Exports Sector May Witness 15 Million Job Losses, Increase In NPAs
Exports, InFocus

Exports Sector May Witness 15 Million Job Losses, Increase In NPAs

SMEStreet Desk- April 11, 2020

Looking for guaranteed declaration of an alleviation bundle for trades, Federation of Indian Export Organizations (FIEO) President Sharad Kumar Saraf said a fine adjusting is ... Read More

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