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News digest: New NPA rules, wind energy bidding, PPF account, and more

Over Rs 2.8 trillion worth of loans, where payments have remained outstanding for 60-90 days, carry the risk of slipping into the category of NPA

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BS Web Team
NPA levels of banks set to bloat with RBI's mega resolution framework

Over Rs 2.8 trillion worth of loans, where payments have remained outstanding for 60-90 days, carry the risk of slipping into the category of non-performing assets (NPAs) due to the revised framework for stressed loans. Read More

Six leading cement companies forming a 'cartel' under CCI scanner

The Competition Commission of India (CCI) in a preliminary investigation has found six leading cement companies have formed a cartel, this time in the northeastern region. Read More

Finance Ministry proposes to allow premature closure of PPF account'

The government

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