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Non-performing asset (NPA) News
Non-performing asset (NPA)
New anti-graft law to protect honest civil servants: FM Jaitley
Sun, Mar 26, 2017
Talking about the GST, he expressed confidence that the the biggest tax reform would be rolled out from July 1.
Essar-Rosneft deal: Banks will have their long awaited laugh
Mon, Oct 17, 2016
Essar Group's deal with Russia’s Rosneft on Saturday to sell Essar Oil for Rs 72,800 crore is likely to send a wide grin on face of a few banks.
India to grow at 7.5% for next two years: Moody's
Mon, Aug 22, 2016
Diron believes that India's (Baa3 positive) credit profile is supported by the strong growth potential of its large economy.
NPAs nearly doubled to 8.5% in Q1: Report
Thu, Aug 18, 2016
The banking sector's non-performing assets (NPA) almost doubled to 8.5 per cent in the first quarter of this fiscal, driven by surging bad assets of state-run lenders, Care Ratings said.
Top 100 borrowers owe PSBs Rs 14 lakh crore: Govt
Tue, Aug 09, 2016
Government today said the top 100 borrowers of public sector banks owe nearly Rs 14 lakh crore to them.
PSBs show decline; pharma, steel firms rise on advance tax front
Wed, Jun 15, 2016
The impact of Non-Performing Asset (NPA) recognition has hit tax payments by state-run lenders in the financial capital, but the steel and pharma sector companies have posted handsome increase for the June quarter advance tax outgo.
Is RBI’s S4A the tool to overcome bad loans?
Wed, Jun 15, 2016
This S4A involves substantial write-down of debt dividing it into sustainable and non-sustainable category and/or making large provisions, will deal in strengthening the financial structure of entities facing genuine difficulties and bringing real asset back on track.
Cholamandalam Investment's Q4 net profit rises 42% to Rs 192 crore
Sat, Apr 30, 2016
For the full year 2015-16, the company's profit after tax was up 31% to Rs 568 crore from Rs 435 crore posted last year.