-
NARCL bags RBI licence
The band bank hopes to recover between Rs 50,000 crore and Rs 64,000 crore of NPA.
-
NPAs worth Rs 6 crore recovered by Bombay Mercantile Bank in FY21
The bank was had been strategising policy through personal follow-ups and legal steps to recover NPAs.
-
What is so good about ‘Bad Bank’?
A bad bank is a bank that will take over the bad loans of other banks.
-
Finance minister Nirmala Sitharaman sets up framework for bad bank
The announcement was made in line with the proposal to set up the NARCL to aggregate the toxic assets that have been lying for a long time.
-
Union Cabinet likely to announce proposal for National Asset Reconstruction Company
For a speedy and efficient non-performing assets' resolution, IBA has drafted a proposal for the creation of the bad bank, last year.
-
How to improve your credit score?
Money9 Helpline hosted Rachit Chawla, Founder, Finway FSC to explain how to build a strong credit score and improve it over time.
-
Moody’s sees 50% hike in NPAs of public sector banks in next two years
Retail and SME loans are particularly vulnerable as Covid-19 has hit the income of households and small businesses.
-
Nothing alarming about rise in MSME bad loans: RBI
The stress level among small business borrowers is not very high, says RBI Deputy Governor Mukesh Jain
-
How to maintain a good credit score
Money9 Helpline hosted Paisabazaar's chief product officer, Radhika Binani to explain how to keep the credit score healthy and improve it over time.
-
Banks NPAs decline to Rs 8.34 lakh crore at March-end 2021
Non-performing assets of banks have declined by Rs 61,180 crore to Rs 8.34 lakh crore at the end of March 31, 2021
