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NPAs: New RBI circular scraps 1-day default rule

The new circular provides for a framework for early recognition, reporting and time-bound resolution of bad loans. Illustration: Dominic Xavier/Rediff.com The Reserve Bank on Friday issued a new......

Banks to now refer 28 large dud accounts to NCLT

These together account for 40 per cent of bad loans of around Rs 4 trillion. With the RBI's deadline ending on Wednesday to resolve the 28 large stressed accounts that the regulator had identified......

Stressed assets to be made national assets

Banks need assistance to complete projects that they have taken over In a concentrated effort to bail out beleaguered thermal power projects, the Centre is designing a new plan along with banks......

SC order on RBI circular: How it will hit banks

Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board. Illustration: Uttam Ghosh/Rediff.com With the Supreme Court striking......

37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!

The RBI has been critical of banks for using restructuring schemes to hide the stress. Illustration: Uttam Ghosh/Rediff.com Weighed down by the Reserve Bank of India’s (RBI’s) new......

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News for s4a

NPAs: New RBI circular scraps 1-day default rule

Banks to now refer 28 large dud accounts to NCLT

Stressed assets to be made national assets

SC order on RBI circular: How it will hit banks

37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!

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