Topic: NPAs

Example of what the Narendra Modi led NDA government inherited. Example of what the Modi government cleaned up.
Sterling Biotech case co-accused Hitesh Patel detained in Albania, likely to be extradited.
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
Piyush Goyal lauds the Modi government's efforts towards the banking sector.
Chidambaram stated that the Modi government is following a 'scorched earth' policy by promising big schemes for which there is no money.
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
The man who steered the economy through Demonetization, Shaktikanta Das, has been put in charge of the RBI by the Modi government
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
We just need to bear with the temporary inconvenience for a better tomorrow!
The world’s largest democracy must seriously introspect whether public discourse should be allowed to be polluted by the falsehood
The former RBI governor has made these revelations in his letter to the Lok Sabha panel
The misinformation in the Media is staggering
RBI Governor Urjit Patel had blamed the UPA regime, describing high performing assets as a 'legacy issue'
They exposed the Congress's age-old tactics of fear-mongering and creating confusions
Reserve Bank of India is planning to use insolvency laws against the big loans defaulters.
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.
The move will empower the central bank to act on behalf of other banks against wilful defaulters.

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