Page 2 - Technical Write Off News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Technical write off. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Technical Write Off Today - Breaking & Trending Today

Lenders again move RBI on wilful defaulter tag for non-performing accounts

Banks have again approached the Reserve Bank of India (RBI) to request an extension in the deadline for classifying non-performing accounts as wilful defaulters, according to sources familiar with the matter. In September, the RBI had initially given banks six months to comply with the draft rules titled Framework for Compromise Settlement and Technical Write-offs regarding the treatment of wilful and large defaulters. ....

Indian Bank Association , Reserve Bank , Compromise Settlement , Technical Write Off , Non Performing Account , Wilful Defaulter , Bank Wilful Defaulter , Rbi On Wilful Defaulter Tag ,

Federal Bank Hits Highest Ever Quarterly Net Profit Of ₹ 954 Cr

Federal Bank Hits Highest Ever Quarterly Net Profit Of ₹ 954 Cr
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Shyam Srinivasan , Business Of The Bank , Most Admired Bank , Federal Bank , Financial Results , Total Business , Net Profit , Operating Profit , Total Deposits , Total Net Advances , Net Interest Income , Managing Director , Resilient Balance Sheet , Business Banking , Commercial Banking , Corporate Advances , Interest Income , Gross Advances , Net Advances , Coverage Ratio , Technical Write Off , Adequacy Ratio ,

Post Supreme Court ruling, banks turn wary of declaring accounts as 'wilful default'

Indian banks have refrained from declaring overdue loan accounts as fraud as the Supreme Courts decisions make it obligatory for lenders to provide borrowers an opportunity to represent themselves before naming accounts as fraud. The lenders have made provisions instead of declaring accounts as wilful defaults. The RBI has sought comments from banks on legal and operational issues on the common detection mechanism of wilful defaulters. ....

Lok Sabha , Supreme Court , Indian Banks Association , Reserve Bank , Compromise Settlements , Technical Write Off , Reserve Bank Of India ,

Banks tread with caution on fraud case settlements

Bankers are wary of their decisions being questioned by vigilance and investigation agencies later, and want some assurance from the regulator before implementation of the circular. Lenders have held discussions with all stakeholders, including the government, soon after the circular was published, and want additional clarity before provisions are implemented. ....

Reserve Bank , North Block , Compromise Settlements , Technical Write Off , Fraud Settlements , Finance Ministry , One Time Settlement Agreement ,

Amid Opposition From Unions, RBI Says Compromise Settlement With Wilful Defaulters Not New

While some reports had said that wilful defaulters can now get a new loan after 12 months of executing a compromise settlement, the RBI said this was not the case. ....

New Delhi , Management Committee Board , Reserve Bank , Compromise Settlements , Technical Write Off , Master Directions , Master Circular , Wilful Defaulters , Compromise Settlement , Latest News , Rbi Faqs , Top News ,