Fri, Jun 08, 2018
International Monetary Fund Spokesman Gerry Rice responding to a question on India's banking sector crisis said Indian authorities have made progress in addressing the stock of non-performing assets and were taking further measures to deal with the flow problem.
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Thu, Apr 19, 2018
With aggregate claims against IVRCL touching Rs 13,406 crore, the Hyderabad-based diversified construction major’s debt is now close to some of the large non-performing assets (NPA) accounts identified by the Reserve Bank of India (RBI) for immediate resolution. After accounting for the claims fr
Wed, Apr 18, 2018
According to the sources, under the Banking Act, the banks are not obliged to report loans that have been sanctioned. Section 45 of the Act allows banks to keep the information confidential.
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