Bad debt

Madhya Pradesh: Power companies write off Rs Rs 3,212.10 crore as bad debt for 2018-2019

Madhya Pradesh: Power companies write off Rs Rs 3,212.10 crore as bad debt for 2018-2019

This loss is compensated by making a hike in electricity tariff where honest consumers bear the brunt.

NPAs of BoB, Indian Bank surge multi-fold in 6 yrs: RTI data

NPAs of BoB, Indian Bank surge multi-fold in 6 yrs: RTI data

The NPA of Bank of Baroda (BoB) rose from Rs 11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI reply showed.

Maharashtra government relaxes norms for bad debt recovery by UCBs

Maharashtra government relaxes norms for bad debt recovery by UCBs

Mumbai: In a bid to aid urban cooperative banks (UCBs) recover the over Rs 10,000 crore in bad debt, the Maharashtra government has liber...Read More

Rotomac owner Vikram Kothari flees India after taking Rs 800 crore loan

Rotomac owner Vikram Kothari flees India after taking Rs 800 crore loan

Kanpur: Just when the Nirav Modi jigsaw is falling in place, the parent company of Rotomac Pens has been accused of inflicting a ‘bad deb...Read More

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Banking sector continue to witness rise in bad loans

The banking sector in India continues to witness a surge in bad loans, albeit at a slower pace as compared to last two quarters.

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Bank of Baroda : Worst is over for the bank

Pulled down by heavy provisions for bad assets, state-run Bank of Baroda reported a loss of Rs 3,230.14 crore for the March quarter, the ...Read More

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27 PSU banks write off 1.14 lakh cr bad debts during 2012-15

New Delhi :  A whopping Rs 1.14 lakh crore of bad loans have been written off by 27 public sector banks (PSBs) during FY 2012-15, with th...Read More

Indian banks will get more resilient despite bad debt: Moody’s

Indian banks will get more resilient despite bad debt: Moody’s

New Delhi: Growth in Indian banking system, which has been under pressure in recent years, will be more resilient, Moody’s Investors Serv...Read More

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