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Why CAs and company secretaries are a happy lot now

With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year. Illustration:......

Probe NPAs above Rs 50 cr, report fraud to CBI: FinMin to PSBs

Banks will also have to seek borrower's status report from Central Economic Intelligence Bureau on the account turning NPA The finance ministry on Tuesday directed public sector banks (PSBs) to......

New NPA rules: Trouble brewing for large defaulters

Experts said the new framework has ensured that the focus has moved to creditor protection from debtor protection. Illustration: Dominic Xavier/ Promoters of any large account in which......

Banks' NPAs may surge after RBI's new rules

The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.  Over Rs 2.8 trillion worth of loans, where payments have......

RBI revises framework to resolve stressed bank accounts

Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.  The Reserve Bank of India on Monday precluded chances of banks reporting divergent......
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After PNB scam, Kanishk Gold fall in controversy; CBI files FIR against KGPL for Rs 824 crore ‘fraud’ in SBI

The fraud cases in the banks no seem to stop anymore after the PNB scam. Now, another fraud in the bank come to light from Chennai. Yes, the... ...
CBI books Chennai jeweller in Rs 824 cr bank fraud

The CBI on Wednesday registered a case against Chennai-based jeweller Kanishk Gold Pvt Ltd (KGPL) for defrauding a consortium of 14 banks led by... ...
Credit Suisse’ Ashish Gupta

The Feb 12 circular from RBI will accelerate the NPA process and will lead to a faster recognition of pain in the books, said Ashish Gupta of... ...\\u2019-ashish-gupta_10681281.html
Indian Indices Trade Marginally Higher; IT Stocks Witness Buying

Posted by Equitymaster After opening the day on a flat note, stock markets in India witnessed buying interest and are presently trading marginally... ...
Rs 127-bn PNB scam and NPA crisis are contributing to banking paralysis

Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact... ...

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