Page 3 - Bank Npas

NPA woes: Banks on top of situation, returning to profit; says SBI Chairman

Rajnish Kumar added that the Insolvency and Bankruptcy Code has come as a 'very good tool' in the hands of the banks and the financial creditors

PSBs reduce their NPAs by Rs 641.06 mn via actual recoveries in FY18: RTI

the reduction seems to be insignificant given the fact that gross NPAs of state-run banks at the end of FY18 stood at Rs 8.95 trillion

Banks finalise inter-creditor agreement to fast-track NPA resolution

The meeting called by Indian Banks Association was also attended by Finance Minister Piyush Goyal, who had accepted the report of the Sunil Mehta Committee earlier this week

37 banks see Rs 1.3 trillion jump in gross non-performing assets in Q4

The RBI has been critical of banks for using restructuring schemes to hide the stress

Govt expects banks to get back over Rs 1 trn with resolution of 12 big NPAs

PNB in a statement said the bank had the second highest exposure to Bhushan Steel and will benefit greatly from this acquisition

Indian banks' NPA woes: Privatisation no solution; stronger watchdog maybe?

Propping up bloated and inefficient state lenders would seem to ensure a repeat of the current crisis

Banks' NPA steadily rising, reached Rs 7.77 mn till Dec 2017: MoS Finance

MoS for Finance Shiv Pratap Shukla said gross non-performing assets under the 'Industry-Large' category for all banks soared to Rs 5.27 trn as on Dec 2017 from Rs 1.23 trn on March 31, 2015

SBI, UCO Bank looking for buyers to clear off Rs 12.45-billion NPAs

Sona Alloys has an outstanding of Rs 6.47 billion towards SBI, while Zenith Birla has Rs 1.39 billion

SBI, IFCI, UBI seek buyers to recover dues for 110 NPAs worth Rs 163.49 bn

SBI plans to sell a total of 15 such NPA accounts to recover Rs 9.89 bn; IFCI to sell 23 NPAs for recovery of Rs 136.68 bn

Take urgent remedial steps to contain NPAs: Parliamentary panel to govt

The committee has also made a case for amending banking laws, including the SBI Act, to provide for disclosure of names of loan defaulters

Finance Ministry directs PSU banks to deal swiftly with burgeoning NPAs

Finance ministry also asked banks to look at a differentiated approach so as to create niche for them

Banks fear additional Rs 40,000-cr NPAs as RBI reclassifies Axis' accounts

The Reserve Bank has directed certain reclassifications in the private sector lender's asset classification and provisioning as on March 2017