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Latest Articles in non performing assets

'Wrong Policies' Of BJP Govt Broke Back Of Companies: Chidambaram

The apex court also quashed all IBC proceedings initiated by banks under the RBI circular against defaulters

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India House Prices To Rise At Half The Rate Of Inflation In 2019: Reuters Poll

House prices have risen at almost double-digit rates for over a decade in a country of 1.3 billion people, where for many, owning a home is still a dream

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IDBI Bank Posts Eighth Straight Quarterly Loss As Provisions Surge

Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 percent to 54.82 billion rupees, leading to a doubling in total provisions

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Lower Bad Loans Help SBI Return To Profit After 3 Quarters Of Heavy Losses

At the standalone level, net income of State Bank of India (SBI) fell 40 per cent to Rs 944.9 crore from Rs 1,581.55 crore on the back of better asset quality

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PNB Posts Rs 4, 532 Crore Loss In September Quarter As Bad Loans Soar

State-owned Punjab National Bank had a net profit of Rs 561 crore in the July-September quarter of last fiscal 2016-17

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Indian Banks On Top Of Situation Over NPA Problem:SBI Chairman Rajnish Kumar

Kumar said that going by the initial results that have started coming in September, it seems that many banks are returning to profit

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Ex-PDP Minister Imran Ansari Declared 'Wilful Defaulter' By PNB

In an advertisement issued in a Jammu-based paper, The Punjab National Bank alleged that Ex-PDP MLA Imran Ansari, his uncles and his first cousin have an outstanding balance of Rs 32.47 crore against them as on August 31, 2018

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SBI Denies Any Leniency On Its Part In Dealing With Fugitive Vijay Mallya Case

Denying any laxity on its part in dealing with the loan default by Vijay Mallya's now defunct Kingfisher Airline, SBI has said that rather it has been taking proactive measures to recover the defaulted amounts

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Over Optimistic Bankers, Growth Slowdown Responsible For Bad Loans: Rajan

In a note to a parliamentary panel, former RBI Governor Raghuram Rajan blamed over-confident bankers not doing any due diligence before giving out loans and slow down in domestic demand for rising NPAs

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Privately Held But Publicly Available

Lenders and corporates alike can take more informed decisions on associating with private companies if they have access to quality data

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Fishy Loans: CBI Registers 3 FIRs In Rs 743 Crore NPA In IDBI Bank

It is alleged that the loans were issued without proper loan documents, without conducting pre-sanction and post sanction inspections and without ascertaining the end use of the loan

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Bankers Decide To Refer 22-23 Large NPA Accounts To NCLT

The regulator in August had asked bankers to refer these cases to the National Company Law Tribunal (NCLT) if they failed to find a resolution by December 31

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NPAs Were Kept Under The Carpet For Years: Arun Jaitley

The non-performing assets (NPAs) were kept under the carpet for years but are now improving. Between 2008 and 2013 public sector banks were engaged in indiscriminate lending

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Oriental Bank Says Under Central Bank 'Corrective Action' Over Bad Loans

Oriental Bank is the seventh state-run lender to be put under a corrective action plan, which requires a bank to enact curbs on hiring, branch expansion and taking on new loans

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Steel NPAs: Coverage Indicators Expected To Remain Depressed

The top five troubled steel companies - Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL are seen to have the maximum NPA problems, according to State Bank of India research report

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