Page 13 - Npas

Bad Bank: Solution or more problems?

Simplifying the existing process and removing inconsistencies in implementation would be better

Mantra for low NPAs? Only risk management people should meet promoters

The head of a leading bank has minimal interaction with promoters

PSBs write off Rs 5.16-bn NPAs of 38 wilful defaulters in H1FY18

State Bank of India accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters as of March 2017

Accretion of fresh NPAs has virtually stopped, says Bibek Debroy

Replying to a query on direct taxes, Debroy said that it was perfectly possible to scrap income tax and other direct taxes

Fixing stressed assets needs more than just bank recapitalisation

If the investment cycle is to be revived, a well-capitalised banking system is essential. But it should be supplemented by alternate sources of credit, such as a vibrant corporate bond market

Priority sector challenge for banks: Agri and education loans in stress

Meeting priority sector target could be challenging for banks this year, as at least two sectors-agriculture and education-are showing signs of stress.Both education and agriculture lending are components of priority sector lending. Notably, banks are increasing restructuring both the categories of loans. According to data from Reserve Bank of India, released on 10th October, 2017, education loans showed a year-on-year decline of 3.5 per cent in loans outstanding. As on 18th August 2017, education loan outstanding stood at Rs 59300 crore, against Rs 61500 crore as on 19th August 2016. In case of agriculture loans the growth too has been muted, although banks are compelled to give agri-loans under priority sector lending. Loans to agriculture and allied activities showed a growth of 6.5 per cent as on 18th August 2017 of a year on year basis, against around 13 per cent last year. Also, in the financial year between March and August, loans agriculture and allied activities fell by 1.6 .

Rising NPAs in power sector add to banks' stress

Low offtake, rising under-recovery dispel hopes of revival

Crisil has good news for Indian banks: NPAs may not see big increase hereon

Gross NPAs in the banking system are expected to be about 10.5% of advances as of March 2018

Working on next steps for NPAs resolution: RBI's Vishwanathan

The bad loans of state-run banks at the end of last September rose to Rs 6.3 lakh crore

New Bill empowers RBI to direct banks to resolve NPAs, appoint advisors

NPAs have risen over Rs 9 lakh crore, RBI can now refer cases to Insolvency and Bankruptcy Board

Banks to take Rs 2.4 lakh cr haircut to resolve 50 largest NPAs: Crisil

A majority of the debt requiring deep haircuts belong to companies with unsustainable businesses

500 NPA cases identified by RBI to get equal priority

When asked for records before issuing the June 13 statement the RBI said there were no such records

Poor not responsible for high NPAs, big people are: Venkaiah Naidu

Govt has provided loans to over 7 crore poor and self-employed under the Mudra scheme

Let the market decide

Efficient and speedy resolution of NPAs needs Sebi's help

Banks may have to take 60% haircut on 12 largest bad loans: Crisil

RBI has reviewed the top 500 exposures that are partly or wholly classified as NPAs

Insolvency: Lenders take Bhushan, Essar and Electrosteel to NCLT

Three steelmakers have combined debt of nearly Rs 1 lakh cr

Banks chart plan for 12 large NPA accounts, Lanco Infra first to be booked

Lenders have been asked to register against these defaulting borrowers in NCLT within a month

A good start

Build capacity to support the RBI's bold decisions on NPAs

NPA problem: RBI identifies 12 mega defaulters for insolvency

The RBI will issue directives to banks on these large accounts

No plan to create bad bank to resolve NPAs: Panagariya

Panagariya said that eventually lot of recapitalisation needs to happen