‘Not a single NPA in the three decades of its existence,’ Adani Group rubbishes Subramanian Swamy’s allegations
On Friday, BJP MP Subramanian Swamy had put out allegations on Twitter against Adani accusing him of non-payment of loans worth Rs 4.5 lakhs, which has allegedly turned into an NPA.
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.
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 arrests suspended PMC Bank Managing director Joy Thomas, HDIL officials sent to police custody
The RBI has already dismissed the board of governors of PMC bank and has appointed an administrator
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
PMC Bank gave 96.5 crores personal loan to builder after his company had defaulted on 2500 crores loan: Report
PMC Bank had total lendings at around 8300 crores and exposure to HDIL alone is reportedly at 31%.
Former RBI governor Urjit Patel says before 2014, RBI and government was slow in tackling bank crisis
Urjit Patel held dilatory tactics adopted by the regulator, government and the banks till 2014 responsible for the looming NPA crisis
Prashant Bhushan and left-liberal cabal was actively helping Vijay Mallya in UK court by attacking CBI special director Rakesh Asthana
Vijay Mallya's defence team was using Indian left-liberals' allegations agaist Rakesh Asthana in London court
Slippage ratio has dropped to 2% as well, which is the lowest in 6 quarters.
The finance minister responds to allegations made by Rahul Gandhi