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 ...

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 ...

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 ...

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 RBI has asked banks to consider the due date ... the 90-day period beyond which the customer will be considered an NPA if there is no payment made. “To bring in greater credit discipline ...

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.

The finance ministry is in discussion with the Reserve Bank of India (RBI) for relaxation of norms ... it is classified as non-performing asset (NPA). “It is quiet possible that customers ...

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 ...

The Reserve Bank of India (RBI) on Wednesday extended the benefit ... are allowed to classify MSME exposures as NPA 180 days after the due date only if the firms are Goods and Services Tax ...