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India NPA News

India banking frauds

12 Sep 2018

RBI submitted a list of high profile fraud cases to PMO: Rajan

Rajan, who was RBI governor for three years till September 2016, is currently teaching at the Chicago Booth School of Business.

14 Oct 2016

India bright spot, but NPAs pose challenge: Maurice Obstfeld

Describing India as a "bright spot" in the complex set of economic forces, IMF Chief Economist Maurice Obstfeld today said rising NPAs in Indian public sector banks remain a challenge despite progress.

United Bank of India

28 Aug 2015

UBI looks to bring down gross NPA below Rs 6,000 cr

The gross NPA level in percentage terms was around 9.5 percent.

21 Aug 2015

All-out efforts on to bring down PSU banks' NPA: Jaitley

Jaitley was inaugurating 109 new branches and 109 Bunch Note Acceptors (BNA) on the Indian Bank Foundation Day.

26 May 2015

Public sector banks' NPAs would come down gradually: FM

Finance Minister Arun Jaitley on Tuesday said non performing assets of public sector banks would come down gradually over the next two-three quarters.

28 Nov 2014

SC seeks Centre's response on law declaring NPAs

The Supreme Court on Friday sought a response from the Centre and the State Bank of India (SBI) on a plea challenging the constitutional validity of certain provisions of a law under which a bank declares an account Non Performing Assets (NPA).

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