UPA’s kid NPA is dead
For all the good opportunities the new government gets to serve people, it has one big disadvantage. The new government is just a ...
Tag: NPAs
Congress had given India the NPA cancer. PM Modi has cured it
Banks form the foundational pillars of the economic expansion of a country. The financial manoeuvring of credit provides room for business expansion, which ...
Prepare for a ‘big rise’ in bad loans, Chinese banking regulatory authority warns China
Last Friday, Chinese financial regulators took over nine financial institutions that were on the verge of collapse. These included four insurers, two trust ...
Former RBI governor, Urjit Patel pins the blame on UPA government for the NPA crisis without naming it
Former governor of the Reserve Bank of India (RBI) Urjit Patel, ever since having had resigned in December 2018, made his first speech ...
Recovery of NPAs have exceeded the estimates of RBI, says report
For decades, Indians had been used to live with ‘delays’. The government projects could not be completed without years of delay and corruption. ...
Credit growth in the infrastructure at a 5 year high
Slow credit growth due to Twin Balance Sheet problems (the banks in the country could not lend due to capital shortage and companies ...
PNB back in the pink of health with brilliant loan recovery performance
Punjab National Bank (PNB), one of the largest public sector banks in India, is back in green with spectacular performance in last quarter. ...
The Insolvency and Bankruptcy code is making defaulters pay their dues
Hundreds of promoters who argued that they do not have money to pay back the loans to banks are now lining up to ...
IBC’s impact on banking sector- Looking back to 2018
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the economy and gave ‘Hindu ...
The efforts of Modi government to tackle UPA era NPA shows positive results
In the last four fiscal years, the public sector banks (PSBs) in the country have recovered Non-Performing Assets (NPAs) worth 2.33 lakh crore. ...
Bad loans resolution rules to be eased for MSMEs
RBI has finally mended its ways with government on majority of issues including micro, small and medium enterprises (MSME) loans restructuring. The central bank ...
Liberal media accuses BJP of the non-existent Mudra scam
Indian media is well known for sensationalizing issues. To get more eyeballs, media organizations exaggerate everything and publish sensational headlines. Another trait symbolic ...
