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Bad Loans

RBI deadline ends on finalising NPAs’ resolution

Odisha News Insight Aug 27, 2018 0

A major deadline in the process of resolving the country's most pressing corporate and banking problem of non-performing asset (NPA)s, or bad loans, is ending on Monday with the RBI having set a six-month time frame for finalising…

Business

Government addressing banks’ Bad Loans issue says PM Modi

Odisha News Insight Oct 20, 2015 0

New Delhi, Oct 20: Noting the massive stressed assets, or bad loans, of state-run banks, Prime Minister Narendra Modi on Monday said the government would be infusing Rs.70,000 crore in the public sector banks (PSBs) in the next few years.…

Business

Efforts on war footing to reduce Banks’ Bad Debts: Jaitley

Odisha News Insight Aug 21, 2015 0

New Delhi, Aug 21: The government has launched an all-out effort to address the major problem of state-run banks' non-performing assets (NPAs), or bad debts, Finance Minister Arun Jaitley said on Friday. "An all-out effort has been…