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Anees Zargar
Kashmir: Losses Mount as Govt Delays Payments, Alleges Trade Body KCCI
28 Jan 2022
Traders and the business community in Kashmir have been reporting losses worth thousands of crores in the Kashmir region. According to KCCI, the J&K UT reported losses worth over Rs 40,000 crore…
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.
Newsclick Report
RBI Predicts GPAs May Further Rise Despite Massive Write-offs
31 Dec 2019
Central Bank report predicts that GNPAs may rise to 9.9% by September 2020.
Newsclick Report
Mega Merger of PSBs: Bank Employees to Demonstrate on Sept 20
12 Sep 2019
The UFBU has also decided to submit a memorandum to Finance Minster Nirmala Sitharamana detailing their apprehensions regarding the move.
Newsclick Report
Kerala Coop Banks to be Exempted From SARFAESI Act: Pinarayi Vijayan
11 Jun 2019
The SARFAESI Act allows banks and financial institutions to auction residential or commercial properties of the defaulter to recover the loans.
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…
PTI
Bank Frauds Zoom to Rs 71,500 Crore in 2018-19
03 Jun 2019
A total of 6,800 cases of fraud were reported by scheduled commercial banks and some financial institutions in last fiscal, the RBI said in an RTI query.
Newsclick Report
Exposures Towards Jet Airways and IL&FS Behind Yes Bank Crisis
01 May 2019
In November last year, the RBI initiated probe into Yes Bank’s exposure towards IL&FS, Dewan Housing Finance Corp. Ltd (DHFL), Indiabulls Group, and Sudhir Valia-promoted entities Fortune…
Subodh Varma
Budget 2019: Modi is Leaving Behind A Monster Debt
30 Jan 2019
Budget 2019: Narendra Modi's Government is Leaving Behind A Monster Debt
Is Essar Group Fudging Insolvency and Bankruptcy Code Process?
22 Jan 2019
At a crucial juncture of the one-and-a-half-year IBC resolution process, experts are questioning the SBI’s move to auction its entire loan exposure in Essar Steel India Ltd.