Definition of Non-Performing Asset (NPA): Accordingly to RBI, with effect from March 31, 2004, a Non-Performing Asset (NPA) shall be a loan or an advance where; (1). Interest and/ or instalment of ...

In a press release issued by the Apex bank Yogesh Dayal, Chief General Manager at RBI said, "It is expected that the current ... 5] For the purpose of restructuring, the definition of ‘financial ...

RBI's updated digital lending guidelines prompt lenders to exclude DLG cover, impacting fintech partnerships and credit ...

The Reserve Bank of India (RBI) has decided to provide a relief to the standard bank accounts availing a loan moratorium between March 1 and May 31. The 90-day non-performing asset (NPA ...

India's Supreme Court impleaded the RBI as a party to the NPA mess, taking suo motu cognizance. The court has suggested "write-offs" to be a fraud, whereas the RBI has gone one step forward and ...

The RBI guidelines are discriminatory, arbitrary, unreasonable and ultra vires the Securitisation Act and that the definition of the NPA as per RBI is contrary, distinct and contradictory to the ...

Besides, it can suggest to a bank to refer a particular case for insolvency and bankruptcy, they said. RBI has identified about 50 cases for NPA resolution after it was empowered by the government to ...

The non-performing asset (NPA) situation has been one of the most ... to provide more independence to the Reserve Bank of India (RBI), it is important to understand what can really be done ...

4.NPA of SCBs may fall further to 2.5% The bad assets or gross NPAs of commercial banks may go down further to 2.5 per cent by the end of the current fiscal, said the RBI in its report.

"NPA resolution would necessitate a higher re- capitalisation of these banks," he said, adding "Government and the RBI are in dialogue to prepare a set of measures to enable state-run banks to ...