TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    No Dedicated NIA Judge for Kanhaiya Lal Trial Sparks Outrage

    Kanhaiya Lal Murder Trial in Deep Freeze? No Dedicated NIA Judge, Only 6 Witnesses Heard in 3 Years

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    TheExcellFuture.com reviews — Account Types

    TheExcellFuture.com reviews — Account Types

    UniSmartMove.com reviews – Registration

    UniSmartMove.com reviews – Registration

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Kapil Sharma’s Café Targeted by Suspected Khalistani Terrorists

    Kapil Sharma’s Café Targeted by Khalistani Terrorists: Canada’s Dangerous Embrace of Radical Elements Exposed

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife, Asks Him to Wait Till She’s 9

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Why Every Sports Team Now Has a Data Scientist

    Why Every Sports Team Now Has a Data Scientist

    Prakash Raj, Vijay Deverakonda among other Tollywood actors booked for promoting illegal betting apps

    Prakash Raj, Deverakonda, Rana Booked by ED in Betting Scam Case

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Pakistani Father Kills Teen Daughter for Refusing to Delete TikTok

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    Russian Woman Found Living in Gokarna Cave with Two Daughters, Faces Deportation Over Visa Violation

    No Dedicated NIA Judge for Kanhaiya Lal Trial Sparks Outrage

    Kanhaiya Lal Murder Trial in Deep Freeze? No Dedicated NIA Judge, Only 6 Witnesses Heard in 3 Years

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    TheExcellFuture.com reviews — Account Types

    TheExcellFuture.com reviews — Account Types

    UniSmartMove.com reviews – Registration

    UniSmartMove.com reviews – Registration

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Representative Image

    EXCLUSIVE: After Operation Sindoor, India Arms Its Forces for New Battlefront: War for Narrative Dominance

    Kapil Sharma’s Café Targeted by Suspected Khalistani Terrorists

    Kapil Sharma’s Café Targeted by Khalistani Terrorists: Canada’s Dangerous Embrace of Radical Elements Exposed

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Modi Govt Targets Strategic Dams Near Pakistan, Seeks ₹3,119 Crore to Speed Kwar Project

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife

    Taliban Blocks 45-Year-Old Man from Taking 6-Year-Old Wife, Asks Him to Wait Till She’s 9

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Nova88 App Compatibility: Works Seamlessly on All Devices

    Why Every Sports Team Now Has a Data Scientist

    Why Every Sports Team Now Has a Data Scientist

    Prakash Raj, Vijay Deverakonda among other Tollywood actors booked for promoting illegal betting apps

    Prakash Raj, Deverakonda, Rana Booked by ED in Betting Scam Case

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Recovery of NPAs have exceeded the estimates of RBI, says report

Amit Agrahari by Amit Agrahari
11 June 2019
in Economy
Recovery of NPAs have exceeded the estimates of RBI, says report

(PC: Financial Express)

Share on FacebookShare on X

For decades, Indians had been used to live with ‘delays’. The government projects could not be completed without years of delay and corruption. Sometimes a project started by X government could not be completed in its tenure and when the Y government came to power, the project used to get scrapped because the newly elected government wanted to divert fund to some other work.

 As former Prime Minister of India Rajiv Gandhi famously said that if the government spends 100 rupees, only 15 reaches the intended target. Therefore, corruption and delay were synonymous with government projects.

RelatedPosts

India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%

RBI Slashes Repo Rate by 50 Basis Points to Boost Growth; Middle Class May Receive Loan Relief

Load More

However, since the Modi government came to power, lethargy in government projects has started coming down. Now many projects get completed on time and some even before the target. The first example of this was set by Nitin Gadkari when his ministry completed the Delhi Meerut highway in just 14 months while the allotted time for the project was 30 months.

Piyush Goyal-led railway ministry also completed many tasks before the deadline period. The government also crossed the divestment targets in the last two financial years. These are fundamental changes in Modi’s India or New India.

In other good news, the banking sector has been able to clean up Nonperforming Assets faster than RBI’s estimate. In its half-yearly financial stability report in December 2018, RBI had estimated that the NPAs would come down to 10.3 percent in March 2018 from 10.8 percent in September. But according to the estimate by Crisil, the NPAs have come down to 9.3 percent as of March 2019. This is a massive decline if compared to 11.5 percent of March 2018, a 2.3 percent. This is 1.5 percent or one-tenth more than the target set by RBI.

This is the first time in the last four fiscal years since March 2015 when NPAs has declined. The Asset Quality Review, which forced the banks to declare NPAs transparently, was implemented by RBI in December 2015.  “In a sign of possible recovery from the impaired asset load, the gross NPA ratio of both public and private sector banks showed a half-yearly decline, for the first time since March 2015, the financial year prior to the launch of asset quality review by the RBI,” said the Crisil report.

Indian economy is all set to grow at a swift pace. The ‘twin balance sheet’ problem, identified as the major reason behind low economic growth in the Economic Survey is almost over. The banks in the country could not lend due to capital shortage and companies did not apply for loans because they were not able to pay back the money borrowed earlier. This was termed as ‘twin balance sheet (TBS)’ problem by the former chief economic advisor, Arvind Subramanian in Economic Survey.

The revival of credit after NPA recovery and bank recapitalization will spur economic growth. Modi government was able to maintain economic growth superior to that of the UPA era despite unfavorable credit environment and turmoil in the global economy. As the domestic and international environment becomes supportive, the country might be able to reach double-digit GDP growth long envisioned by the policymakers.

The faster than the estimated recovery of NPA characterizes the working style of Modi government. It symbolizes that the ‘New India’ will not be lethargic like Nehruvian India and the projects will not be delayed due to bureaucratic hurdles.

Tags: CRISILIndian EconomyNPAsRBI
Share458TweetSend
Previous Post

Shaktikanta Das proves critics wrong, vindicates Modi govt’s decision to appoint him as RBI governor

Next Post

With the appointment of Nityanand Rai as his MoS, Amit Shah has outsmarted Nitish Kumar once again

Related Posts

WiseProfitWay.com reviews – Trading Times
Finance

WiseProfitWay.com reviews – Trading Times

11 July 2025

If you’ve ever searched for a forex broker, you know how overwhelming it can be. So many names, bold...

TheGenInfinity.com reviews – Account Types
Finance

TheGenInfinity.com reviews – Account Types

11 July 2025

Let’s be honest — the forex world is packed with promises. Every broker claims to be “the one,” but...

TheExcellFuture.com reviews — Account Types
Finance

TheExcellFuture.com reviews — Account Types

11 July 2025

Let’s be honest — in the world of forex, trust is everything. You’re not just clicking buttons on a...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

How UPI went global? Why Namibia Adopted It?

How UPI went global? Why Namibia Adopted It?

00:07:20

Stalin’s DMK Faces Heat Over Brutal Custodial Killings in Tamil Nadu

00:08:06

Hindu girl r@ped, burned with cigarettes and forced to convert to Islam

00:03:31

Delhi’s Trump Card: Kejriwal Wants a Nobel for Surviving Politics

00:05:03

Team B of DMK? The Truth About Actor Vijay’s Party

00:07:45
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited