‘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.
Economic growth may have slowed down but there is no recession, there never will be: FM Nirmala Sitharaman
FM Nirmala Sitharaman was speaking at the Short Duration Discussion on Indian economy in the Rajya Sabha
Nirmala Sitharaman announces PSU bank reforms, mergers brings down their number to 12 from 27 in 2017
Union Finance Minister Nirmala Sitharaman briefed the media on Friday, announced the merger of many PSU banks.
Example of what the Narendra Modi led NDA government inherited. Example of what the Modi government cleaned up.
Hitesh Patel, accused in the Sterling Biotech case, detained in Albania, likely to be extradited soon
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
Insolvency and Bankruptcy Code has helped recover Rs 3 lakh crores so far for banks and creditors: Piyush Goyal
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.