Govt gives Rs. 9,000 crore to Exim Bank as loans extended to foreign countries turn NPAs
With loans to some countries extended through Exim Bank of India being classified as “doubtful debt” in 2023-24, the Ministry
Read moreWith loans to some countries extended through Exim Bank of India being classified as “doubtful debt” in 2023-24, the Ministry
Read moreA total of 10 Public Sector Banks (PSBs) have transferred Non-Performing Assets (NPAs) of over Rs 11,617 crore to NARCL
Read moreThe Reserve Bank of India has told the Supreme Court that its “resolute efforts have resulted in material decline in
Read moreGross non-performing assets (GNPAs) of banks is expected to improve 90 basis points (bps) to about 5 per cent this
Read moreThe State Bank of India (SBI) has lined up various non-performing assets up for sale this month and the next,
Read moreSBI has lined up six non-performing assets (NPAs) for sale to asset reconstruction companies (ARCs) to recover dues of nearly
Read moreState-owned Punjab National Bank (PNB) reported a 78 per cent rise in net profit to Rs 1,105 crore for the
Read moreIn a move that will help banks unload a major chunk of their non-performing assets (NPAs) to the bad bank,
Read moreAlthough the banks of India reported a decline in bad loans in the December quarter, the impact of the pandemic-induced
Read moreThe Covid-19 pandemic threatens to result in balance-sheet impairments and capital shortfalls for banks, especially as regulatory relief are rolled
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