‘ARCs lack capital, operational heft to revive stressed assets meaningfully’
Anita Shah, Joint Secretary at the Ministry of Corporate Affairs, has underscored the need for a calibrated strategy to address...
NPAs
Rs 17.5 lakh crore bad loans written-off in past 10 years by Indian banks: Govt
The Indian government has disclosed that scheduled commercial banks (SCBs) have written off a staggering ₹17.5 lakh crore in bad...
Small finance banks growth to moderate in FY2025 amid industry headwinds: ICRA Report
Small finance banks (SFBs) have experienced robust growth in recent years, propelled by strong credit demand and an expanded range...
ARCs assets likely to decline by up to 10% in FY25: Crisil
Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to...
ARCs to recover 500-700 bps more from stressed residential realty projects
Asset reconstruction companies (ARCs) are set to see an increase in the cumulative recovery rate for stressed residential real estate projects...
Indian Overseas Bank to sell Rs 13,500 crore NPA loans
Chennai-based Indian Overseas Bank has planned to sell 92 NPAs loan accounts collectively amounting to an aggregate book outstanding of...
Banks recovered Rs 7.15 lakh crore bad debts in five years: Govt
The government has again reassured parliament that banks are taking every step to recover written-off loans. Responding to a parliament...
Scourge of being identified as wilful defaulter, and the remedies
Being identified as a wilful defaulter has serious consequences for the borrower, both tangible and intangible. Ami Jain (in pic),...
Gross NPAs of banks have declined by Rs 1.33 lakh cr since March 2019: Government
Gross non-performing assets (NPAs) of scheduled commercial banks (SCBs) have declined from Rs. 9,33,779 crore (Gross NPAs ratio of 9.07%) as...
Banks Gross NPAs may increase 120 bps to 8.1% by September ’22: RBI Financial Stability Report
Macro stress tests for credit risk indicate that the gross non-performing assets (NPAs) of Scheduled Commercial Banks (SCBs) may increase...