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Net NPA rises 51% for 39 listed banks in FY 2012-13 over previous yearSlowdown in the economy and higher cost of funds has resulted in listed commercial banks showing a 51% rise in bad loans in the fiscal year...
Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banksThe finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track.
- Over a dozen banks posted 100 per cent plus jump in net NPAs: Survey
SBI too saw its net NPAs shoot up by 40% in during the first half of 2012-13 as against an increase of 28% in the previous financial year.
How Devendra Jain made a fortune from reviving sick firmsDevendra Jain made Rs 1 crore last year, helping bankrupt companies to get back on their feet.
- Tamil Nadu, Uttar Pradesh, Gujarat have large no of substandard properties: Study
Tamil Nadu, Uttar Pradesh, Gujarat and Andhra Pradesh have the highest number of substandard properties, according to a study.
- NPAsource.com to help dispose NPA's worth Rs 20,000 cr: Devendra Jain
Providing an online platform for resolution of NPAs- NPAsource.com - today said it aims at disposal of Rs 20,000 crore worth NPAs over the ...