RBI extends deadline for NBFCS to meet new NPA upgradation norms“In case of borrowers having more than one credit facility from a lending institution, loan accounts shall be upgraded from NPA to standard...
HFCs urge RBI to scrap strict asset classification guidelinesThe Association of Housing Finance Companies (HFC), the umbrella body for all mortgage lenders, has appealed to the Reserve Bank of India G...
RBI asks banks not to standardise bad loans on just getting interest paymentsIssuing some clarifications to all the extant provisions and including the ones issued on October 1, 2021, on the prudential norms on incom...
NTPC’s Jhabua Power bid hits NPA tag hurdleThe state-owned power giant that accounts for a fourth of India’s energy generation has made a ₹1,900 crore offer for Madhya Pradesh-based ...
Banks discuss moving RBI for standstill clause to avoid NPA tag on Covid-hit companiesThe proposed ‘standstill’ period that will require the approval of Reserve Bank of India (RBI), is between lenders ‘invoking’ the debt reso...
Creditors’ future uncertain as Amazon's legal battle with Future Group drags onRestructuring of debt is necessary as the classification of loans as NPA could deplete Future’s value and impact valuations, possibly putti...
Stressed by Covid-19 pandemic,banks, corporates set to pitch loan recast plan to RBI, govtAfter a close look at financials of the banks for the June quarter and following stress test of institutions, RBI may be better placed to t...
RBI board debates 90-day NPA capChandrasekaran is learnt to have suggested that policymakers needed to go the extra mile
L&T road project in Gujarat faces insolvencyThe petition to seek action under the Insolvency & Bankruptcy Code was moved by Oriental Bank of Commerce against L&T, one of the marquee n...
NPA tag for 738 loan accounts in 2018-19: Anurag ThakurThese accounts had an exposure of Rs 100 crore or more with state-run banks, MoS for finance tells Lok Sabha.
NPA tag for L&T Infra’s subsidiaryThe classification of a special purpose vehicle, Chennai-Tada Tollways as an NPA may impact L&T IDPL’s initial interest in Jaypee Infratech...
Loans to MSMEs could create Rs 16,000 crore NPAs: ReportAs of 31 March’18, there is a system-wide exposure of Rs 120,000 crores belonging to entities which are ranked by Cibil as risky.
Reliance Naval tumbles 13% as Vijaya Bank tags company as NPAThe company owes over Rs 9,000 to over two dozen banks -- mostly state-owned.
Former CVC to help banks clean up rising NPAsFaced with what bankers describe as "undue oversight" from agencies such as CVC, CBI and Comptroller & Auditor General, lenders were seen t...
Jaypee offers 2,200-acre land to banks for loan settlementBanks have shown willingness to take over land parcels to avoid putting a non-performing asset (NPA) tag on the two Jaypee group companies.
SBI says no incentive to lend to borrowers tagged as NPASBI chairman has said that lenders do not have any incentive to lend to borrowers that are tagged as NPA even as there is a scope for reviv...
Wilful defaulter tag a 'powerful weapon' for creditors: RajanHis comments come days after the state-run United Bank of India declared the industrialist Vijay Mallya as "wilful defaulter".