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Non Performing Assets Npas
Opinion  /  Published 10.02.21

Stand still: policy rates unchanged

The latest bimonthly policy announcement by the Reserve Bank of India has kept all policy rates unchanged for the fourth consecutive time since May 2020. The repo rate stays at 4 per cent and the reve...
By The Editorial Board in

Business  /  Published 02.02.21

Budget 2021-22: Bad bank on way

Finance minister Nirmala Sitharaman on Monday announced the much awaited bad bank that would acquire the toxic assets of lenders. The entity will be in the form of an asset reconstruction company (ARC...
By Our Special Correspondent in Mumbai

Business  /  Published 01.02.21

Need for bad bank set up by private player

Chief economic adviser K. V. Subramanian has made a strong case for the setting up of a bad bank led by the private sector to deal with the non-performing assets of the financial sector which may see ...
By PTI in New Delhi

Opinion  /  Published 27.01.21

Hope and fear: negative GDP growth

The Reserve Bank of India has estimated India’s gross domestic product growth to be a negative 7.5 per cent. The National Statistical Office estimates it to be at a negative 7.7 per cent. Despit...
By The Editorial Board in

Opinion  /  Published 14.01.21

Stress rises: RBI red flag on bad loans

The Reserve Bank of India has raised a red flag for the banking industry with an early warning that the stack of bad loans could rise to alarming levels once it starts to roll back the post-pandemic r...
By The Editorial Board in

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Business  /  Published 12.01.21

RBI warns of bad loan surge

The Reserve Bank of India has warned that the gross non-performing asset ratio of banks could rise to 13.5 per cent under a baseline scenario and almost double to 14.8 per cent in the worst case by Se...
By Our Special Correspondent in Mumbai

Opinion  /  Published 04.01.21

Health issues: Indian banking sector

The Reserve Bank of India has indicated that the true health of the Indian banking sector is much worse than what current statistics indicate. The commercial banking system’s gross non-performin...
By The Editorial Board in

Business  /  Published 30.12.20

RBI flag raised on bad loans

The Reserve Bank of India (RBI) on Monday cautioned the asset quality of the banking system may deteriorate sharply even as the actual amount  of bad loans remains unknown on account of a Supreme...
By Our Special Correspondent in Mumbai

Jharkhand  /  Published 22.12.20

Fraud bank officer nabbed in Bengal

Jharkhand police on Tuesday arrested a former assistant general manager of the Jharkhand State Cooperative Bank (JSCB) from Bengal for misappropriation of funds to the tune of Rs 4 crore. Sandip Sen,...
By Our Correspondent in Ranchi

Business  /  Published 10.12.20

Cabinet seal to job plan

The Union cabinet on Wednesday approved a previously announced job scheme that seeks to encourage businesses to hire new employees. Under the Rs 22,810-crore scheme, the government will provide for t...
By Our Special Correspondent in New Delhi


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