Tag: NPAs

Bandhan Bank Q4 Profit Drops by 20% to Rs 517 Crore
Finance, Banking & Finance

Bandhan Bank Q4 Profit Drops by 20% to Rs 517 Crore

SMEStreet Desk- May 13, 2020

Bandhan Bank is even more worried due to the figure of gross non-performing assets (NPAs) as on March 31 stood at Rs 993 crore (1.48 ... 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

PSB NPAs Stood Rs 7.27 Lakh Crore: Minister in Lok Sabha
Banking & Finance, Finance

PSB NPAs Stood Rs 7.27 Lakh Crore: Minister in Lok Sabha

SMEStreet Desk- February 4, 2020

Union Minister of State for Finance Anurag Thakur also said in Lok Sabha that scheduled commercial banks and select financial institutions have reported frauds to ... Read More

Stressed MSMEs Can be Restructured Without NPA Declaration: Nirmala Sitharaman
Banking & Finance, Finance

Stressed MSMEs Can be Restructured Without NPA Declaration: Nirmala Sitharaman

SMEStreet Desk- December 23, 2019

"We will also make sure that MSME get an additional term loans and additional liquidity through their working capital requirement. Between December 7 and January ... Read More

Finance Ministry urged Banks Not To Declare Stressed MSMEs as NPAs till March 2020
Banking & Finance, Finance

Finance Ministry urged Banks Not To Declare Stressed MSMEs as NPAs till March 2020

SMEStreet Desk- September 20, 2019

At a press conference after meeting PSU bank heads, Finance Minister Nirmala Sitharaman said there already exists a circular from the Reserve Bank that provides ... Read More

Indian Banking NPAs May Come Down to 9.1 Lakh Crore
Finance, Banking & Finance

Indian Banking NPAs May Come Down to 9.1 Lakh Crore

SME STREET- September 5, 2019

The joint study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) and global analytics company Crisil said, "There is significant potential ... Read More

Solution to the Crisis of NPAs and Delayed Payment Sufferings of MSMEs
InFocus, Banking & Finance

Solution to the Crisis of NPAs and Delayed Payment Sufferings of MSMEs

SMEStreet Desk- July 20, 2019

Even banks hide the NPAs and sickness information of the customers, so in the absence of such information, the trade and industry are unable to ... Read More