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bank gross npa News
bank gross npa
Banks asked to prevent defaulters from buying stressed assets
Sun, Nov 19, 2017
As many as 12 accounts each having more than Rs 5,000 crore of outstanding loans and accounting for 25% of total NPAs of banks are being under the Insolvency and Bankruptcy Code process.
Here's a view of Banking ordinance assented by President to tackle banks' NPA crisis
Fri, May 05, 2017
The draft published on Gazette of India said, “Whereas the stressed assets in the banking system have reached unacceptably high levels and urgent measures are required for their resolution.”
Can RBI solve stressed assets problem alone?
Fri, Apr 21, 2017
The Reserve Bank of India (RBI) has brought in new reforms to tackle banks' long hanging problem of “stressed assets.” Stressed assets arise after adding into non-performing assets (NPA), restructured loans and written off assets.