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Total 2181 results found. Search for [ bad loans in india ]

Results 1 to 21 of 2181
BusinessToday.In
June 18, 2021
RBI approval came after Centrum Financial Services, along with Bharat Pe, submitted an expression of interest to take over PMC Bank. PMC Bank was put under several restrictions in September 2019. Curbs included restrictions on withdrawals of cash and investigation into accounting lapses


BusinessToday.In
June 18, 2021
Mohan says there is a mismatch between the performance of the real sector and financial markets. RBI this month revised its real GDP projection from 10.5 per cent to 9.5 per cent in 2021-22 amid second Covid-19 wave


Anand Adhikari
New Delhi, June 17, 2021
The five-year-old game-changing insolvency and bankruptcy code (IBC), which deals with corporate insolvency, resolution, and restructuring, is often criticized for bad implementation, several amendments, and also a very low loan recovery for financial creditors like banks. But is it fair to criticize a new law only on a single parameter, which is the low recovery rate? Most of the cases that came in the first five years were the defaulters with unsustainable debt, written off cases and loans where earlier recovery efforts had failed. Some experts have even termed the new code as a place for liquidation than resolution. The strict timelines of 180 days with a maximum of 270 days under the IBC actually got breached by a big margin. The higher cases also happened because of operational creditors using the code for getting their outstanding and disputed claims. Like any other law, the IBC also needs more reforms. The next five years of IBC will be crucial as the next batch of fresh NPAs post-Covid will again test the effectiveness of the code. Also Read: RBI left with limited choices as retail inflation rises: SBI report


BusinessToday.In
June 16, 2021
Stocks in news: Aster DM Healthcare, Bank of Baroda, Jubilant FoodWorks, Infosys, Easy Trip Planners, Anupam Rasayan and more


BusinessToday.In
June 7, 2021
Stocks in news: Tata Consumer, IndusInd Bank, PNB, MRF, Reliance Infrastructure, Dewan Housing, Bank of Baroda, Dr Reddy's and more


PTI
June 5, 2021
NARCL is being formed by all the banks whereupon some of the NPA advances will be transferred to that ARC for recovery...NARCL is constituted to be promoted by 51 per cent share from the public sector space. said PNB Managing Director S S Mallikarjuna Rao


Joe C Mathew
New Delhi, May 26, 2021
The National Bank for Financing Infrastructure and Development promises to address the capital needs of the cash-starved infrastructure sector, but execution remains key


BusinessToday.In
May 22, 2021
SBI's digital banking platforms, including Yono, Yono lite, internet banking, and NEFT services, will remain affected between 12 and 2 pm on May 23 (Sunday)


Anand Adhikari
May 21, 2021
SBI's total combined write-offs in the last four years have touched Rs 52,758 crore. The figure for write-off is over Rs 1 lakh crore in the past seven years


BusinessToday.In
May 21, 2021
SBI share price: SBI shares were trading 1.99% higher at Rs 392.20 on BSE at 12.18 pm on Friday. The stock opened 1.5 per cent higher at Rs 390.45 against the previous close of Rs 384.55


BusinessToday.In
May 19, 2021
Stocks in news: Axis Bank, Tata Motors, Central Bank, GSK Pharma, Minda Corp and more


Anand Adhikari
May 18, 2021
The BFSI industry faced with restructuring and asset quality issues is insisting that they need time as they are preoccupied with other business issues due to COVID-19 outbreak


Anand Adhikari
New Delhi, May 12, 2021
Institutional investors, who always focussed on G (governance), are now increasingly engaging with investee companies on the E (environment) and the S (social) part


PTI
May 6, 2021
If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans


BusinessToday.In
May 4, 2021
Several variants of the COVID-19 virus have been emerging globally, making efforts to curb the spread of the virus even more difficult


BusinessToday.In
May 4, 2021
Koo also claims that it is the first social media platform globally to use this feature in the Indian regional and local languages - Hindi, Kannada, Tamil, Telugu, Bengali, and Marathi - apart from English


Aprajita Sharma
May 4, 2021
The uncertainty around Covid-19 and developing strains and the rising claims are making insurers jittery about on-boarding Covid-19 patients. Although Covid-19 does not qualify as a chronic disease, the degree of scrutiny is greater for Covid-19 recovered patients


Vidya S
May 4, 2021
Left with no household help and in a scramble for life-saving medicines, hospital beds and oxygen cylinders for their loved ones, preparing much-needed healthy food for those recovering has taken a backseat for many


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?


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