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News
Non-performing asset
Non-performing asset News
Punjab National Bank
16 Mar 2022
PNB reports another fraud! Bank defrauded of Rs 2,060 crore by THIS company
PNB said that fraud of Rs 2060.14 crore is being reported by the bank to the RBI in the accounts of the company. Last month, the Punjab & Sind Bank (PSB) had declared IL&FS Tamil Nadu Power as a bad asset.
Reserve Bank of India
27 Jun 2017
RBI advises banks to allocate higher provisioning for 12 stressed accounts
An Internal Advisory Committee (IAC) was constituted by the RBI, which in its first meeting selected 12 large corporate loan accounts to be referred to the NCLT for immediate resolution.
RBI
13 Jun 2017
RBI examining relaxing NPA classification limit beyond 90 days
The Reserve Bank is looking into request for extending the NPA classification period from the current 90-day window to help small and medium enterprises.
bad loans
19 Feb 2016
Addressing governance issues could help reducing NPAs: Report
Addressing governance issues of banks reeling under high NPAs and passing of the bankruptcy code could help in reducing bad loans in the banking system, says a report by CARE Ratings.
Gold loan
08 Jan 2015
Cooperative banks allowed to double gold loan under bullet repayment
The Reserve Bank on Thursday doubled to Rs 2 lakh the amount of loan furnished by cooperative banks under the Gold Loan - Bullet Repayment scheme.
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