NPA

Bad Bank All Set To Start: Rs 50,000 Crore Bad Loans From 15 Cases To Be Transferred Before we delve into the current story, let us look at what exactly are bad debts and what are bad banks. When the borrowers of a bank start defaulting…

The government might hive off the non-performing loans of the 2 public sector banks that be chosen for privatization and transfer some of their staff to alternative state-run lenders in a bid to make them eye-catching for consumers. …

Supreme Courts Orders Indirect Loan Moratorium For 60 Days: No Action If You Are Not Paying EMIs Right since March 27, when the central bank RBI announced a 3-month moratorium period for EMI payments, payable between March 1 and May…

RBI Can Extend Moratorium On EMIs, Loan Repayment By 3 Months Extra: But Should You Delay EMIs? The Reserve Bank of India (RBI) may extend the loan moratorium facility by another three months, in compliance with the extension of…

Banks Lost Rs 6.6 Lakh Crore As Bad Loans Under PM Modi: 3-Times More Than Congress' Rule The Modi Government in a bad light! As per Reserve Bank of India (RBI) data, Banks operating in India have written off bad loans worth Rs 660…

LIC's Bad Loans Soar To Rs 24,000 Crore, Profits Less Than Private Firms - Should LIC IPO Launch This Year? As per the reports coming in, the government’s plan to list LIC next fiscal may help unlock the life insurance behemoth’s true…

LIC Has Rs 30,000 Cr Of Bad Loans or NPA: Is Your Insurance Money Safe With LIC? Most of us think that the Life Insurance Corporation (LIC) is in the business of life insurance, buying safe-haven government securities and bailing out…

Yashovardhan Birla is a wilful defaulter? Yashovardhan Birla, the director of Birla Surya and also chairman of the Yash Birla Group has been declared as the willful defaulter for non-payment of Rs 67.55 crore given to Birla Surya Ltd…

In a Right to Information reply, RBI has revealed some dark secrets of banking frauds, and the sheer volume will shock you. As per the reply shared by RBI, collectively Rs 1 lakh crore worth of banking frauds have happened in India, in the…