Page 2 - Npa Crisis

Offer window for restructuring large firms' stressed loans: Assocham to RBI

Calls for one-time relief that will allow restructuring of viable companies and not expose them to the threat of insolvency resolution and resultant liquidation

RBI shortlists TCS, Wipro, 4 others for setting up public credit registry

In June this year, the RBI had announced to set up a PCR for India to address information asymmetry, foster access to credit and strengthen the credit culture in the economy

With no end to NPA woes, cos turn to foreign banks to raise offshore funds

The downfall of shadow lender IL&FS group has fueled concerns about default risks, making banks cautious and pushing up the cost some firms pay for loans at home

Bad loan respite for 30 banks, GNPA declines by Rs 103 bn in 2 quarters

Bankers said the asset quality cycle had turned for better, reflecting the effect of repayments after a rigorous follow up

FinMin likely to finalise Rs 540-bn capital infusion for PSBs by Nov end

Most of the banks would be getting growth capital for expanding their lending, particularly to MSMEs

RBI to set up registry to give authorities '360-degree' data on borrowers

The Public Credit Registry would be the single point of mandatory reporting for all material events for each loan, notwithstanding any threshold in the loan amount or type of borrower

Banking on IBC, govt expects NPA recoveries to exceed Rs 1.80 trn in FY19

Banks recovered Rs 365.51 billion in the first quarter of 2018-19

What was RBI doing, asks CAG Rajiv Mehrishi on NPA crisis in banks

The major cause of current banking crisis is huge asset liability mismatch

Indian banks' profitability distinctively weaker than BRICS peers: Moody's

Recognition of stressed assets is largely complete and new non-performing loan formation will moderate in the next 12-18 months, said Moody's Investors Service

Bad debts declining, PSU banks' loan recovery picking up: FM Jaitley

Financial Services Secretary Rajeev Kumar said banks expect to recover Rs 1.8 trn through IBC and other routes during the current fiscal

Export credit falling due to heavy-handed approach to NPAs: Chidambaram

A day after Union Finance Minister Arun Jaitley blamed the UPA govt in his blog for the NPA crisis, Chidambaram said for the BJP govt, every problem was due to the Congress 'legacy'

Rajan's mantra to rein in NPAs includes a closer examination of Mudra loans

To prevent future NPA crisis, Rajan advised that government should refrain from setting ambitious credit targets or waiving loans

Par panel discusses bad loan issue with RBI Governor, top PSU bankers

Top officials of about 16 public sector banks attended the meeting, which lasted for over three hours

SBI puts Simbhaoli Sugars, 14 other NPA accounts worth Rs 9.88 bn for sale

SBI has asked the bidders to an submit expression of interest by March 9, 2018

No loan given under Modi's rule turned into NPA: Ravi Shankar Prasad

Ravi Shankar Prasad also said that the NPAs increased manifold under the Congress-led UPA government

Govt's 15 days NPA deadline for PSBs will cleanse banking sector: Ficci

The chamber also added that it would establish a transparent and effective risk management mechanism

RBI should fix responsibility for excess in NPAs: Former Governor Y V Reddy

Former RBI Governor Y Venugopal Reddy steep rise in NPAs in public sector banks was more to do with their governance rather than a systemic problem

NPA crisis: 1,463 bad loan accounts owe PSU banks Rs 1 bn or more

Punjab National Bank topped the chart with 143 NPA accounts carrying over Rs 1 billion each

After $32 bn bailout, officials plan ways to prevent another NPA crisis

Arun Jaitley, India's finance minister, has vowed the recapitalisation will be accompanied by not only bank reform, but also mergers of weak banks with stronger rivals