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Total 217 results found. Search for [ Rajan on bad loans ]

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Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


Anand Adhikari
New Delhi, September 12, 2018
In his letter to the parliamentary committee, the celebrated economist Rajan listed out the key reform areas to prevent recurrence of the kind of bad loan that the system is currently grappling with.


BusinessToday.In
New Delhi, September 11, 2018
India pips Japan in GDP based on purchasing power parity; Raghuram Rajan blames 'over optimistic bankers' for bad loans, NPA mess; GAIL India aims to add 5,500 km gas pipeline in 3 years; and Deepak Kochhar summoned by Corporate Affairs Ministry in ICICI Bank-Videocon loan case. Watch this episode of Business Wrap.


BusinessToday.In
September 11, 2018
Raghuram Rajan explained that loans under Modi government's popular flagship scheme Pradhan Mantri Mudra Yojana and the Kisan Credit Card needed to be examined \"more closely\" for potential credit risk.


BusinessToday.In
New Delhi, September 11, 2018
Interpol issues red-corner notice against Nirav Modi's sister Purvi ModiAfter the Interpol issued a red-corner notice (RCN) against a close aide of diamantaire fugitive Nirav Modi, Mihir Bhansali, it has issued another notice against Purvi Modi, who is a Belgian national and the sister of Nirav Modi. The RCN has been issued on the request of the Enforcement Directorate to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.After Bharat Ban...


BusinessToday.In
New Delhi, September 11, 2018
\"I also sent a list of high profile cases to the PMO urging that we coordinate action to bring at least one or two to book. I am not aware of progress on this front. This is a matter that should be addressed with urgency,\" says the former RBI governor in a 17-page letter.


BusinessToday.In
September 10, 2018
The former RBI governor reportedly said that banks extended more loans to prevent 'zombie' loans from turning non-performing assets.


PTI
New Delhi, September 3, 2018
RBI Governor Urjit Patel decided to follow \"wisdom of an owl\" as he went on to conduct the \"deep surgery\" initiated by his predecessor Raghuram Rajan to clamp down on loan defaulters.


BusinessToday.In
August 21, 2018
The Modi government, already backed into the corner over unemployment, absconding defaulters, rupee depreciation, fuel prices and more, would not want more bad news on the NPA front at this juncture.


Prosenjit Datta
New Delhi, July 19, 2018
The true extent of the NPA problem only started becoming clear once then RBI governor Raghuram Rajan initiated the Asset Quality Review (AQR) in 2015


PTI
New Delhi, July 2, 2018
The committee favours banks and overseas investors funding for the bad bank. The proposed 'bad bank' should also appoint experts from outside to tackle the stressed assets issue, suggests the panel.


PTI
April 12, 2018



Anand Adhikari
New Delhi, April 2, 2018
India's biggest distressed asset investor, Rashesh Shah of Edelweiss Group, has accumulated the largest pile of bad loans - over Rs 90,000 crore. Will his gambit succeed?


BusinessToday.in
January 25, 2018
Former RBI governor Raghuram Rajan is not known to hold back his punches. And defaulting promoters are a pet target of his. He has said it many times before, and he's just said it again in Davos: Promoters of companies that go belly-up have to face strong consequences.


Sunil Kanoria
NA, April 15, 2017
Decisive and swift action in the form of systemic reforms is needed to deal not only with the stock of existing NPAs but also to arrest their creation


Reuters
March 1, 2017
Economist Viral Acharya spent nearly two decades studying banking crises around the world. Now, as a deputy governor at India's central bank, he is turning his attention to one that may be developing at home.


Reuters
New Delhi, February 9, 2017
Banks in India had record stressed loans of $133 billion, or 12.34 percent of their total loans, as of last September. About two dozen state-owned lenders, which own nearly 70 percent of India's banking assets, have an even higher stressed-loan ratio of 15.88 percent.


Diksha Ramesh
New Delhi, December 30, 2016
With so many events happening throughout  the year, Indian economy has seen some major ups and downs. From the demonetisation shock to the landmark GST passage, 2016 witnessed it all.


PTI
New Delhi, December 28, 2016
Rajan was replaced by a low-profile Urjit Patel as the new Reserve Bank Governor and the good-old Rs 500 banknotes made way for a new grey-colour replacement while a brand new pink Rs 2,000 note also entered the scene.


BY JOE C. MATHEW AND DIPAK MONDAL WITH Team BT
Delhi, December 4, 2016
The Centre's move to demonetise high-denomination currency has shaken up the economy.


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