Reserve Bank of India (RBI) on Thursday asked banks to closely monitor their bad loans and prepare themselves for higher provisioning in the wake of second COVID wave and the Supreme Court order lifting the ban on classification of non-performing assets.
Congress says NPAs of banks rose by Rs 5.05 lakh cr in 42 months, demands independent probe
AICC General Secretary Incharge Of Gujarat Ashok Gehlot And Congress Communications Incharge Randeep Surjewala Said The Increase Of NPAs In 3.5 Years Of The BJP Government Is The “biggest Scam . PTI | Updated on: 14 Dec 2017, 11:09:13 PM
New Delhi:
The Congress on Thursday alleged that Non-Performing Assets of public sector banks have increased by Rs 5.05 lakh crore in 42 months of the NDA government and asked whether Prime Minister Narendra Modi is ready for a probe into it by an independent agency.
Addressing a joint press conference, AICC general secretary incharge of Gujarat Ashok Gehlot and Congress communications incharge Randeep Surjewala said the increase of NPAs in 3.5 years of the BJP government is the “biggest scam”.
We are trying to change 70-year-old system, says PM Modi
We are trying to change 70-year-old system, says PM Modi
Talking About Non-performing Assets (NPAs), He Said That It Is The Biggest Scam Of The Previous UPA Government And Termed It Bigger Than The Commonwealth, 2G, And Coal Scams.
News Nation Bureau | Edited By : Tahir Qureshi | Updated on: 13 Dec 2017, 07:38:02 PM
New Delhi:
Prime Minister Narendra Modi, while addressing Federation of Indian Chambers of Commerce and Industry’s (FICCI’s) 90th Annual General Meeting in New Delhi on Wednesday said the efforts of his government to help the poor avail the benefits of the banking system with Jan Dhan Yojna have borne rich dividends.
New Delhi [India], May 27 (ANI): A petition was filed before the Supreme Court on Wednesday seeking to initiate contempt of court proceedings against RBI Governor Shaktikants Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the top court's earlier order by turning and declaring the account of petitioners as Non Performing Assets (NPA) in connection with moratorium matter.
Exim Bank FY21 results: Net profit jumps to Rs 254 cr as NPAs drop
SECTIONS
Last Updated: May 21, 2021, 08:11 PM IST
Share
Synopsis
The city-headquartered bank, a development finance institution run by the central government to support its diplomacy efforts, had reported a profit of Rs 124 crore in the year-ago period.
iStock
The bank is cautiously optimistic about growth in FY22, and is aspiring to grow its book by 7-12 per cent on a currency neutral perspective.
Related
NSE
Explore Now
MUMBAI: Export Import (Exim) Bank of India on Friday reported more than doubling of its FY21 net profit to Rs 254 crore as bad loans dipped and said it is cautiously optimistic about growth this fiscal.