1 / 8 Banks have concluded the transfer of stressed Jaiprakash Associates (JAL) loans to NARCL for ₹12,000 crore. 2 / 8 Banks to see recovery of ₹12,000 crore against principal loan amount of ₹14,500 crore; recovery to reflect in Q4 earnings. 3 / 8 As many as 25 banks led by SBI have received […]
NARCL acquires ₹95,711 crore accounts; Govt stresses faster NCLT resolutions – CNBC TV18
The Secretary of the Department of Financial Services (DFS), M. Nagaraju, chaired review meetings today with stakeholders, including representatives from Public Sector Banks, the Insolvency and Bankruptcy Board of India (IBBI), the Ministry of Corporate Affairs (MCA), and the National Asset Reconstruction Company Limited (NARCL). Company Value Change %Change The meetings focused on enhancing the […]
FM Sitharaman to review deposit growth and CD ratios of public sector banks on August 19 – CNBC TV18
Finance Minister Nirmala Sitharaman on August 19 will lead a comprehensive review of the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). The review will focus on key financial metrics, including deposit growth and credit-deposit (CD) ratios, as well as asset quality.The government is also expected to discuss the issuance of the […]