Doubling limit for filing DRT cases will expedite bad loan recovery: Finmin
The pecuniary limit was raised last week following amendment in the rules of Recovery of Debts due to Banks and Financial Institutions Act, 1993.
Sep 12, 2018, 12:42 PM ISTBad loans: India ranks 5th on list of countries with highest levels of NPA
India’s NPA ratio is at 9.85 percent.
Dec 28, 2017, 13:51 PM ISTRBI relaxes bad loans provisioning rules for banks
The relaxation will be applicable for floating provisions held by them as of the end of December 2014.
Mar 30, 2015, 16:12 PM ISTNBFCs' bad loans jump to 1.9% in FY14; advances growth down 57%
Going by the 90-day due rule, which qualifies an asset as bad for commercial banks, delinquencies increased to 4.5 percent as of March 2014 as against 3.6 percent in the year-ago period, it said.
Jul 16, 2014, 18:16 PM IST