"npa"

Between 2016 and 2020, TSWRIDCL and KIPCL consistently met debt obligations, with annual repayments of Rs 2,500–3,000 crore to REC and Power Finance Corporation (PFC).

Addressing directors of UCBs in the financial capital at an RBI-organised conference, Das urged that such lenders should improve the governance standards, avoid related-party transactions and focus on credit risks, among others.

In return, the concerned microfinance institutions shall issue "no due certificate" to the borrowers, thus making the latter credit-worthy again under the formal financial system.

The RBI identifies 'wilful defaulters' as those who have the ability to pay a bank's dues but do not or divert bank funds.

The ministry apprised the Parliamentary panel that delays are typically longer for renewable developers than conventional generating companies, even if they are within the same utility.

He also stressed that the Board's role is pivotal in establishing a robust IT and cybersecurity infrastructure and availability of requisite skills at the bank level.

Minister of State (MoS) Finance Bhagwat Karad informed Parliament that Banks in India have recovered non-performing assets worth Rs 10.16 lakh crore on an aggregate basis in the past nine years.

The hotels availed credit facility from banks for business purpose but diverted the same for their personal use

Speaking at the Dikshant Parade of the 72nd batch of the NPA, Rai also called for active work towards community policing initiatives for better engagement with the people.

For the full year 2020-21, BoM's standalone net profit jumped nearly 42 per cent to Rs 550.25 crore. I

The e-auction for these two accounts will take place on July 7, 2021.

The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks / NBFCs or other financial institutions (FIs) on 100 per cent cash basis.

The case was booked against the company managing partners - Ramjee Adalla and Peddapati Padmavathi, and another person Santosh Yadav

Moratorium should be extended up to March 2022 on all EMIs of term loans as well as interest on cash credit accounts.

The soaring NPAs, despite several interventions like Dispute Resolution Tribunals, Asset Reconstruction Companies and Insolvency and Bankruptcy Code, now get another pill

During the quarter under review, net interest income rose 19 per cent to Rs 27,067 crore, from Rs 22,767 crore in the same period a year ago.

TSCAB has set a business target of Rs 15,000 cr for 2021-22 FY and had so far done business of Rs 11,300 cr, informed MD, Dr N Muralidhar

The bank had registered a net profit of Rs 105.52 crore in the year-ago period.

On a standalone basis, the country's second largest private sector lender by assets showed a 19.12 per cent rise in the post-tax profit at Rs 4,939.59 crore for the reporting quarter

The bank had said that a total of over Rs 18,551 crore of its Rs 1.69 lakh crore of advances were in some stress as of December 31, 2020.