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Farmers Struggle Far from over | Dissident Voice

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SBI Took 63% Haircut While Settling Bad Loans Worth Rs1.19 Lakh Crore in Past 7 Years

During the past five financial years, public sector banks (PSBs) have made an aggregate recovery of Rs4,80,111 crore from the non-performing asset (NPA) accounts and upgradation of NPAs of Rs1,45,356 crore. However, most PSBs refuse to share the names of big defaulters whose loans were settled through the national company law tribunal (NCLT), where these lenders have to accept a haircut on the outstanding.

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RBI Says Banks Wrote Off Bad Loans Worth Rs2.09 Lakh Crore in FY22-23: Report

Reserve Bank of India (RBI), responding to a Right to Information (RTI) query, says during the financial year (FY) 2022-23, banks in the country wrote off bad loans worth Rs2.09 lakh crore, taking the total write-off by the banking sector to Rs10.57 lakh crore during the past five years, says a report.

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RBI Should Not Give Golden Handshake to Fraudsters, Wilful Defaulters: People's Commission

Loan write-offs by government owned and private banks have shown a phenomenal increase contrary to the government claims, said People's Commission on Public Sector and Public Services.

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'RBI should not give golden handshake to fraudsters, willful defaulters'

Loan write-offs by government owned and private banks have shown a phenomenal increase contrary to the government claims, said People’s Commission on Public Sector and Public Services.

Baroda , Gujarat , India , Chennai , Tamil-nadu , Health-or-education , People-commission , People-commission-on-public-sector , Punjab-national-bank-at-rs , Public-services , Public-sector

RBI should not give golden handshake to fraudsters, willful defaulters: People's Commission

Loan write-offs by government owned and private banks have shown a phenomenal increase contrary to the government claims, said People's Commission on Public Sector and Public Services.Opposing the Reserve Bank of India's (RBI) statement on ...

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People's Commission Raises Concerns Over Govt's Emphasis on Rail Speed Rather Than Safety

'Of late, the policymakers have chosen to introduce high-speed passenger trains such as bullet trains and Vande Bharats, which in turn call for matching investments in the railway infrastructure. Unfortunately, the emphasis has not been matched by their focus on safety,' it said.

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People's Commission calls for Policies and Programmes for Fertilizer Production and Use

Expressing concerns over policies and programmes for fertiliser production and use in India, Peoples' Commission on Public Sector and Public Services (PCPSPS)

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