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NPAs

Crime

Hitesh Patel, accused in the Sterling Biotech case, detained in Albania, likely to be extradited soon

OpIndia Staff -
Sterling Biotech case co-accused Hitesh Patel detained in Albania, likely to be extradited.
Economy and Finance

Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore

OpIndia Staff -
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
Economy and Finance

Insolvency and Bankruptcy Code has helped recover Rs 3 lakh crores so far for banks and creditors: Piyush Goyal

OpIndia Staff -
Piyush Goyal lauds the Modi government's efforts towards the banking sector.
News Reports

Chidambaram accuses Modi government of fiscal indiscipline, netizens cannot stop laughing

OpIndia Staff -
Chidambaram stated that the Modi government is following a 'scorched earth' policy by promising big schemes for which there is no money.
Economy and Finance

Measures adopted by the Modi government paying off, the recovery against NPAs has doubled for public sector banks

OpIndia Staff -
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
Economy and Finance

Facts, No Fiction: There’s a new sheriff in RBI

Karan -
The man who steered the economy through Demonetization, Shaktikanta Das, has been put in charge of the RBI by the Modi government
Economy and Finance

Insolvency and Bankruptcy Code has led to recovery of Rs. 3 lakh crores of stressed assets in 2 years

OpIndia Staff -
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
Economy and Finance

All you need to know about what the Modi govt is doing to solve the NPA mess

Ujjwal Virendra Deepak -
We just need to bear with the temporary inconvenience for a better tomorrow!
News Reports

‘Clown Prince’ is polluting public discourse with concocted falsehoods: Arun Jaitley

OpIndia Staff -
The world’s largest democracy must seriously introspect whether public discourse should be allowed to be polluted by the falsehood
Economy and Finance

Raghuram Rajan blames scams and ‘policy paralysis’ under UPA government for NPA mess

OpIndia Staff -
The former RBI governor has made these revelations in his letter to the Lok Sabha panel
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