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Total 1587 results found. Search for [ NPA of banks ]

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Anand Adhikari
New Delhi, May 3, 2021
The two-decade-old asset reconstruction industry with over two dozen players will now have the first public sector Asset Reconstruction Company ( ARC), to be set up by the state-owned banks. The government felt the need for setting up a new ARC to clean up the books of the public sector banks (PSBs), which are saddled with bad loans. While more players in the bad loan market are always welcome, there is also a need for empowering the ARCs for faster resolution. The recovery track record of existing private ARCs is not very encouraging. Partly, capital constraints come in the way. The regulatory framework, which restricts ARCs in many areas, is also one of the reasons for ARCs to grow and resolve the bad loans.  In a timely move, the RBI has decided to review the existing legal and regulatory framework. Anand Adhikari, Executive Editor, Business Today shares a checklist of measures and regulatory relaxations that are a must for making ARCs more effective.Also Read: Maintain business resilience, manage risks wisely: RBI Guv tells NBFCs


Anand Adhikari
April 29, 2021
There are over a dozen ARCs in the private sector, though only 3-4 dominate the bad loan resolution business; more freedom and flexibility is needed to strengthen them


Anand Adhikari
New Delhi, April 29, 2021
Unsecured personal loans, credit cards, business banking, and MSME loans are emerging as new breeding ground for banks NPAs. How serious is the problem?


Anand Adhikari
April 14, 2021
The non-banking finance company with market capitalisation of Rs 2.84 lakh crore has raised the substantial sum in March alone amid the second Covid wave


Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap


BusinessToday.In
March 31, 2021
Reserve Bank has today communicated the applicable average base rate to be charged by Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 1, 2021, will be 7.81 per cent


BusinessToday.In
March 23, 2021
The apex court's decision to announce waiver of interest on interest will likely result in an additional outgo of Rs 7,000-7,500 crore to borrowers.


PTI
March 18, 2021
The Reserve Bank of India's Financial Stability Report, released in January this year, showed that gross non-performing assets (NPAs) of banks may rise to 13.5 per cent by September 2021, under the baseline stress scenario


BusinessToday.In
March 16, 2021
The move by SP & Company (SPCPL), which is the flagship company of SP Group, comes at a time when banks are considering its one-time restructuring (OTR) application


PTI
March 12, 2021
Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them, including on lending, management compensation and directors' fees


PTI
March 11, 2021
Thakur mentioned that as borrowers of written-off loans continue to be liable for repayment and the process of recovery of dues from the borrower in written-off loan accounts continues, write-off does not benefit the borrower


Hari Hara Mishra
March 8, 2021
The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more problems than they serve


PTI
March 5, 2021
Three non-performing accounts, S Kumars Nationwide Ltd, Priya Ltd and Yuvaraj Power Projects, have been declared as fraud and reported to the RBI as per regulatory requirement, Indian Bank said


BS Srinivasalu Reddy
New Delhi, March 3, 2021
Rapid digitisation and scaling up of non-banking businesses, from cards to insurance and MFs to YONO, have helped SBI transform itself


Anand Adhikari
New Delhi, March 3, 2021
Focus on operating profit and building a low-cost franchise have helped the country's second-largest private bank claim the top position


Team BT and KPMG
New Delhi, March 3, 2021
The methodology behind the BT-KPMG Best Banks Survey 2020


Sanjay Doshi
New Delhi, March 3, 2021
Banks' ability to transform themselves with speed and agility to survive the next revolution will determine the winners and losers


Anand Adhikari
New Delhi, March 3, 2021
Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs


BS Srinivasalu Reddy
New Delhi, March 3, 2021
Bank of America won by focusing on large Indian firms and multinationals


Prasanna Mohanty
February 14, 2021
India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in insolvency resolution before jumping to a new mechanism


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