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Latest Articles in NPA Account

RBI Asks Banks Not To Standardise Bad Loans On Just Getting Interest Payments

The financial authority has from time to time been issuing new/revised norms on dud asset classification as system-wide NPAs started to balloon

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Punjab & Sind Bank Declares Loans Worth Rs 150 Cr To IL&FS Transportation As Fraud

It is informed that an NPA Account, viz IL&FS Transportation Network Limited (ITNL) with outstanding dues of Rs 149.98 crore has been declared as fraud and reported to the RBI as per regulatory requirement

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