Mon, Aug 29, 2022
The Non-Performing Assets (NPAs) are higher in the services and infrastructure sectors, which are largely driven by Covid like their contact intensiveness and reliance on movement of people, the report by credit information company Transunion Cibil said.
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Fri, Sep 04, 2020
The bench noted that petitioners have claimed the Centre did not exercise powers to mitigate suffering and the court is not an expert body to change decisions taken by financial bodies. "Whether under Disaster Management Act something can be done, needs to be seen," it said.
Mon, Apr 13, 2020
The single judge bench headed by Justice G.S. Patel observed that the period of the moratorium during which there is a lockdown will not be reckoned by ICICI Bank for the purposes of computation of the 90-day NPA declaration period.
Fri, Dec 30, 2016
RBI data show that although the number of companies acquired by ARCs rose by only 2 from March 2015 to March 2016, the total consideration for the same increased from Rs 58,479 crore to Rs 72,626 crore in the same period, registering a rise of 24.19%.
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