TOPIC
Bad loans
Former RBI governor Urjit Patel blames UPA govt for banking mess, says RBI too fell short on several counts
The former RBI governor Urjit Patel in his yet-to-be-released book writes that several government banks did not have senior management in place, and governance suffered.
Nirmala Sitharaman schools Rahul Gandhi after he spreads misinformation again by terming ‘bad loan write off’ by banks as ‘loan waiver’
Nirmala Sitharaman asks Rahul Gandhi to consult Manmohan Singh to know the difference between loan write off and waiver
Gross NPA declines for the first time in seven years, thanks to Insolvency and Bankruptcy Code, says RBI report
The RBI report stated that there was a decline in both gross NPA and in the net NPA ratios.
PMC Bank fraud: Mumbai police file FIR against HDIL and bank officials, SIT formed to probe the case
The Economic Offences Wing of the Mumbai Police has filed FIR in the PMC bank fraud case
Lanco debacle : A perfect example of the banking sector mess Congress created
Example of what the Narendra Modi led NDA government inherited. Example of what the Modi government cleaned up.
Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores
Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.
PNB recovers record amount from defaulters due to Insolvency and Bankruptcy code
Punjab National Bank (PNB) recovered a record Rs 11,378 crore from defaulters in the first five months of this fiscal.
Raghuram Rajan blames scams and ‘policy paralysis’ under UPA government for NPA mess
The former RBI governor has made these revelations in his letter to the Lok Sabha panel
Journalist nails Congress analytics department head on faulty Aadhaar implementation and NPAs
Congress launched Aadhaar without a legal framework and its policies led to large NPA
Modi govt to formulate an ambitious plan to ensure there are no more Vijay Mallyas in the future?
As per a Bloomberg report, the government is formulating an ambitious plan
