non-Performing Asset

NPA: RBI mulls on 60 days repayment time

New Delhi: The Reserve Bank of India (RBI) is working on revising the framework for resolution of stressed assets, including providing ad...Read More

The trials and tribulations of financial markets in India

The trials and tribulations of financial markets in India

Over the past few years, the Indian financial sector – especially banks have been under stress. While many non-banking financial companie...Read More

PNB sets Q4 recovery target for Rs 10,000 crore

PNB sets Q4 recovery target for Rs 10,000 crore

New Delhi: After returning to black in the last quarter, lending major Punjab National Bank (PNB) has set a recovery target of Rs 10,000 ...Read More

Law can’t be ‘blind’, shouldn’t treat every default as NPA on 90th day: Piyush Goyal to RBI

Mumbai: Union Finance Minister Piyush Goyal on Friday said that if a borrower does not get its dues from entities like discoms, it should...Read More

Non-performing asset  recognition to get prolonged till FY20, may rise by Rs 5.24Lakh-crore

Non-performing asset recognition to get prolonged till FY20, may rise by Rs 5.24Lakh-crore

MUMBAI: Non-performing asset recognition is likely to get prolonged till the next fiscal year and can put Rs 5.24 trillion debt in FY19 a...Read More

ArcelorMittal agrees to shell out Rs 7,469 cr to bid for Essar Steel

ArcelorMittal agrees to shell out Rs 7,469 cr to bid for Essar Steel

 New Delhi :  Terming Essar Steel as ‘unique and compelling opportunity’ to gain foothold in India, steel giant ArcelorMittal said it wil...Read More

Banks may get one year to restructure power sector NPAs

New Delhi : Additional 180 days could be provided for resolution of 34 stressed power projects with a view to avoiding potential value er...Read More

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NITI Aayog to submit report on PSU banks consolidation

New Delhi : The finance ministry has sought help of the government think-tank NITI Aayog and other global consultancy firms to examine th...Read More