Non Performing Assets

N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.

Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.

Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.

The Indian banking system's asset quality strengthened to a decadal best, with the gross non-performing assets ratio falling to 3.9 per cent as of March 2023, the Reserve Bank said on Wednesday.

The Congress on Tuesday alleged that NPAs have risen by 365 percent under the Modi government and questioned why "unbridled powers" were being given to PSU banks to "sell off assets at throwaway prices".

Sony Music Entertainment has filed a trademark application asking permission to cover ‘audio and video recordings featuring live musical performances authenticated by NFTs.’ The application also seeks relevant approvals to covers marketing services, promotion, distribution, marketing, advertising, and online entertainment.

Finance Ministry on Monday said that the Rs 6,000-crore National Asset Reconstruction Company is expected to take over the first set of NPAs in July

IDBI Bank on Monday posted 35 per cent rise in net profit at Rs 691 crore for the quarter ended March 2022 due to fall in bad loan provisions

Axis Bank on Thursday reported a 54 per cent jump in its standalone net profit to Rs 4,117.77 crore for the quarter ended March 2022

Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal

Union Finance Minister Nirmala Sitharaman on Monday attacked the previous UPA regime for its alleged failure to recover money from those who turned their loan accounts into non performing assets, and said under the Modi government, banks for the firs

A Parliamentary panel has said that due to some "lag impact" of the Coronavirus pandemic, there could be a rise in bad loans

If this ratio is consistently high, the financial health of these banks could be at risk.

Reliance Industries has effectively taken over the operations of Future Retail stores and has offered jobs to its employees

N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.

Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.

Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.

The Indian banking system's asset quality strengthened to a decadal best, with the gross non-performing assets ratio falling to 3.9 per cent as of March 2023, the Reserve Bank said on Wednesday.

The Congress on Tuesday alleged that NPAs have risen by 365 percent under the Modi government and questioned why "unbridled powers" were being given to PSU banks to "sell off assets at throwaway prices".

Sony Music Entertainment has filed a trademark application asking permission to cover ‘audio and video recordings featuring live musical performances authenticated by NFTs.’ The application also seeks relevant approvals to covers marketing services, promotion, distribution, marketing, advertising, and online entertainment.

Finance Ministry on Monday said that the Rs 6,000-crore National Asset Reconstruction Company is expected to take over the first set of NPAs in July

IDBI Bank on Monday posted 35 per cent rise in net profit at Rs 691 crore for the quarter ended March 2022 due to fall in bad loan provisions

Axis Bank on Thursday reported a 54 per cent jump in its standalone net profit to Rs 4,117.77 crore for the quarter ended March 2022

Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal

Union Finance Minister Nirmala Sitharaman on Monday attacked the previous UPA regime for its alleged failure to recover money from those who turned their loan accounts into non performing assets, and said under the Modi government, banks for the firs

A Parliamentary panel has said that due to some "lag impact" of the Coronavirus pandemic, there could be a rise in bad loans

If this ratio is consistently high, the financial health of these banks could be at risk.

Reliance Industries has effectively taken over the operations of Future Retail stores and has offered jobs to its employees