| NewsClick

For latest updates on nCOVID-19 around the world visit our INTERACTIVE COVID MAP

PTI
NPAs May Zoom up to 14% Due to COVID-19, Loan Recasts to Only Defer Problem: S&P
30 Jun 2020
Non-bank finance companies will be more hit as compared to banks because of lending to weaker sections, reliance on wholesale funding, and liquidity difficulties, said the global rating agency.
Subodh Varma
COVID-19: Why Modi Govt’s Loan Push Will Not Revive Economy
19 Apr 2020
Like so many policies, the Bharatiya Janata Party-led Narendra Modi government continues to display spectacular folly and anignorance of experience across the world.
PTI
MSc Math Student is Getting Sweeper's Post, Says DMK Member on Unemployment in India
16 Mar 2020
Rahul Gandhi raises issue of bad loans in Lok Sabha, uproar in House
Pulkit Sharma
Banks Wrote Off Rs 6,60,000 Crore Worth Bad Loans Since Modi Came to Power
15 Mar 2020
The quantum of loans that were written off amounts to half of the total non-performing assets or bad loans that were recorded in the financial books of banks, shows RBI data.
Prabhat Patnaik
Why Have Indian Banks Become Financially Fragile?
13 Mar 2020
It is not the question of banks behaving one way or the other within a neoliberal capitalist economy that is of significance; the point at issue is the neoliberal capitalist economy itself.
Newsclick Team
India's Biggest Bank Misreports Its Bad Loans
13 Jan 2020
The problems related to reporting of non-performing assets (NPAs) of India’s banking sector show little signs of relief, with the country’s largest bank, the State Bank of India (SBI), leading the…
Newsclick Team
'FSDR Bill will Demolish Indian Banking Sector'
04 Jan 2020
It has been reported that the Narendra Modi-led BJP government is going to reintroduce the Financial Resolution and Deposit Insurance (FRDI) Bill 2017, with some modifications and renaming it as…
Newsclick Team
Crisis in Banking Sector Deepens
20 Dec 2019
The divergence in gross NPAs and the working of the Insolvency and Bankruptcy Code point towards a deepening crisis in the country’s banking sector, says Thomas Franco, former General Secretary, All…
Newsclick Team
"Bank Mergers Will Not Solve Any Problem"
31 Aug 2019
The Indian economy is in deep crisis, the Modi Govt has belatedly acknowledged.
Bad Loans: RBI Eases Norms for Defaulting Corporates, Even As NPA Crisis Continues
08 Jun 2019
Now, it is up to the banks to drag the defaulting companies to bankruptcy court, while defaulters on working-capital loan accounts get an additional 30 days of ‘review period’ before banks are…