Welcome to ‘stressed’ PPP projects, the 2nd time round
Despite policy incentives and new PPP contract model to protect private partners from external and unforeseen factors, Ministry of Ports, Shipping and Waterways is saddled with many abandoned projects
Consumer Credit Growth At All-Time High
Restructured standard advances ratio, especially of services and retail loans, has shown a sharp increase in FY21 though. Some of these could turn into NPAs, adding to banks’ stress assets.
Bandhan Bank Q3 net profit soars 36% to ₹859 crore
The bank's gross non-performing assets (NPAs) surged to 10.81%.
Let ARCs shoulder NPAs, banks focus on credit creation
The ARCs, the quintessential bad banks, can help the commercial banks focus on underwriting good loans, supporting GDP growth.
Why stressed assets resolution tools need overhaul
Not just lack of regulations of private ARCs, continuous writing-off of NPAs and creation of new ones point to gross failures of the IBC and other mechanisms
Banks recover more than Rs 5 lakh cr bad loans: PM
Modi also urged banks to support start-ups and rural areas and step up fintech initiatives.
Centre to clip banks' wings amid alert over deep haircuts in insolvency
MCA to soon begin deliberations with RBI, finmin on IBBI recommendations to bring in a code of conduct
Did RBI drag its feet on $4-bn SREI crisis?
Debate heats up as the central bank sends SREI companies to insolvency, supercedes board
20% NPA in Mudra loans: SBI chairman
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
SBI to park ₹20,000 crore NPAs in bad bank
The country’s biggest lender will transfer the accounts in phases by the end of FY22.