Search For "npa"
Indian Renewable Energy Development Agency signs MoU with ministry, settin
Updated : 2 weeks, 1 day ago IST
The government has set a target of Rs 3,361 crore for revenue from operations, up by 18 per cent from the previous year's achievement, for 2022-23. According to a statement from the ministry of new and renewable energy, the government has also set various performance-related key parameters s
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Nagaland People's Action Committee calls for 6 hour statewide bandh on Jan
Updated : 3 weeks, 1 day ago IST
Therieh, also stated that the decision for a solution before the election was based on a "consensus decision" among the stakeholders and "urged the Central government to hear the voice of the people" and take the "peace process to its logical conclusion and deliver a solution".
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Apoorvaa - Credit Repair Lawyer of India is on a mission to create credit
Updated : 1 month, 1 week ago IST
New Delhi [India], December 28 (ANI/SRV): To walk an extra mile, Apoorvaa - Credit Repair Lawyer of India has made 2022 stupendous year with launch of two books, "The Indian Credit Reporting System" and "Improove Your Credit Health."
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J.C. Flowers completes acquisition of Nonperforming Assets from YES BANK i
Updated : 1 month, 2 weeks ago IST
New York [US], December 19 (ANI/PRNewswire): J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing globally in the financial services industry, announced today that the J.C. Flowers Asset Reconstruction Company (the "ARC") has com
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ED files chargesheet against 7 J-K-based bizmen, entities in 'Bank of Indi
Updated : 2 months, 3 weeks ago IST
The chargesheet was filed under the Prevention of Money Laundering Act (PMLA), 2002, in a case related to bank fraud wherein the total Non-Performing Assets (NPA) declared by the Bank of India was Rs 91.50 crore.
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National Financial Reporting Authority advises companies on non-accrual of
Updated : 3 months, 1 week ago IST
NFRA said it had come to its attention that during a disciplinary action under section 132(4) of the Act for professional misconduct of a statutory auditor, namely chartered accountant Som Prakash Aggarwal, of a listed company -- Vikas WSP Ltd, that the company in the financial statements
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RBI lifts prompt corrective action restrictions on Central Bank of India
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], September 21 (ANI): The Reserve Bank of India has removed the Central Bank of India from the Prompt Corrective Action (PCA) framework after it found the bank was not in breach of any parameters.
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IDBI Bank shares surge on bad loan recovery, privatisation buzz
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privati
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SBI sells KSK Mahanadi Power NPA loan account to Aditya Birla ARC
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): State Bank of India, the country's largest lender, on Friday said it has sold its non-performing asset loan account of KSK Mahanadi Power Company to Aditya Birla ARC Ltd for Rs 1,622 crore.
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SBI standalone net profit falls 7 per cent to Rs 6,068 crore
Updated : 6 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): The country's largest lender State Bank of India (SBI) on Saturday reported a standalone net profit of Rs 6,068 crore for the first quarter of the current financial year as compared to Rs 6,504 crore recorded in the corresponding period of the la
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No amount of spin and sophistry will conceal NPA Govt's Jhumlanomics: KTR
Updated : 6 months ago IST
Hyderabad (Telangana) [India], August 5 (ANI): Telangana Minister Kalvakuntla Taraka Rama Rao on Thursday took a jibe at the central government and said no amount of spin and sophistry can cover up facts.
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China's economy at risk with banks witnessing rise in non-performing asset
Updated : 6 months, 1 week ago IST
Beijing [China], July 27 (ANI): Chinese bank depositors, who are protesting against their inability in getting their frozen funds back, are now boycotting the mortgages payment which in turn is increasing the non-performing assets (NPA) of the banks giving a major blow to the country's econo
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