Topic: Non performing assets

Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.
Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter
RBI governor Shaktikanta Das has added that stress test results further indicate an improvement in NPA ratio but its current level remains still high for comfort.
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
'Farm loan waiver' strikes a dissent cord amongst bankers and economists
The nuances have been explained with an easy to understand example
The new norms laid down by RBI are a testament to the relentless fight against NPAs which started 2-3 years ago
Defaulters have not been named, but banks will be asked to initiate insolvency proceedings to recover the dues.
There is a huge mismatch between RBI estimation and respective private bank’s own estimation of stressed assets.

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