Tag: bad loans

Rbi: Wilful defaulter norms in place since 2007: RBI – Times of India

MUMBAI: The RBI on Tuesday clarified that it has not made any relaxations for wilful defaulters as it sought to address the heat and...

RBI proposes bank-like norms for big NBFCs – Times of India

MUMBAI: Large non-banking finance companies (NBFCs) are likely to be more intensely regulated and their lending to sensitive sectors like capital markets and real...

ICRA Says GDP May Contract by 11% This Fiscal, Predicts Pandemic Could Lead 3.7% Assets into Bad Loans List

A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/FilesThe agency also expects GDP to contract by...

Congress responds to FM’s tweet on loan write off, says it weakens Bank architecture fiscally, imprudently

New Delhi: Congress party on Wednesday responded to Finance minister Nirmala Sitharaman’s tweets on loan write off.Finance minister Nirmala Sitharaman earlier in the day...

Nirmala Sitharaman refutes Rahul Gandhi’s claims on loan write off, says Congress misled people

New Delhi: Finance minister Nirmala Sitharaman refuted Congress MP Rahul Gandhi's claims on corporate loan write off, adding that the Congress party has misled...

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