NPA

The banking and corporate sector balance sheets have been strengthened, engendering a 'twin balance sheet advantage' for growth.GNPAs are expected to improve further to 3.6 per cent in the baseline scenario, says RBI in its Financial…

State-run banks' gross non-performing assets (GNPAs) from the credit card segment have doubled to 18 per cent at the end of FY23, the Reserve Bank of India said on Wednesday. It was about 9 per cent in the year-ago period and the…

MUMBAI: Big businesses that have gone into liquidation post-bankruptcy have seen a value erosion of over 94% of the admitted creditor claims, according to data collated by the Insolvencyand Bankruptcy Board of India.Since the inception of…

The Supreme Court on Wednesday asked the Reserve Bank of India to inform it about the steps the banking regulator could take to implement a high-level committee's recommendations to tackle bad loans.A bench led by Justice Sanjay K Kaul gave…

The story so far: In December 2022, Finance Minister Nirmala Sitharaman told Parliament that banks had written off bad loans worth ₹10,09,511 crore during the last five financial years. A National Asset Reconstruction Company Ltd. (NARCL)…

<!-- -->Governor Shaktikanta Das said that RBI recognises the destabilising potential of global risks.(File)Mumbai: The RBI today said banks' gross NPA (non-performing asset) ratio has fallen to a sever-year low of 5 per cent and the…

Last Updated: December 29, 2022, 18:35 ISTThe Indian economy is confronting strong global headwinds. (Photo: Twitter/@ani_digital)RBI in its Financial Stability Report says the interplay of multiple shocks has resulted in tightened…

The RBI on Thursday said banks' gross NPA ratio has fallen to a sever-year low of 5 per cent and the banking system remains sound and well-capitalised. In the 26th issue of the Financial Stability Report (FSR), the RBI also said the…

“Banks have written off ₹11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,” Parliament was informed on December 20. The non-performing assets (NPAs), including those in respect of which full…

<!-- -->Write-off does not benefit the borrowers, the Finance Minister said.(File)New Delhi: Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five financial years and the process of…