Start learning 50% faster. Sign in now
INTRODUCTION f. It may be tempting to believe that last year’s bankruptcy law reforms will soon begin to ease the pain at banks by encouraging the quick sale of assets of troubled borrowers. But... b. The proceeds from such sales, however, would likely amount to very little in comparison with the mammoth scale of troubled assets. Previous statement said because... a. According to a joint study by Assocham and Crisil, gross NPAs in the banking system are estimated to increase to ₹9.5 lakh crore by March 2018, from ₹8 lakh cror e a year earlier. Result... c. In that case, write-offs recognising losses may be the most honest and practical way to deal with the bad loans problem. Hence it is advised that... e. So the RBI in the coming months should continue to push banks, both public and private, to promptly recognise the stressed loans on their portfolios. d. Incidentally, the Prime Minister recently laid the blame for bad loans on the previous government. (Accidently this event also happened apart from the mentioned one)
Ministry of Agriculture & Farmers Welfare has launched a new campaign for banks under Agri Infra Fund titled BHARAT (Banks Heralding Accelerated Rural &...
When is the World Day of Social Justice observed every year?
Which Indian startup has been selected for the 'Accelerator Programme' by the Food and Agriculture Organization (FAO) of the UN?
Which Regulatory Authority recently imposed a fine of Rs 5-7 crore in the dark fiber case on the parties involved in the NSE Co-Location case?
What is the expected operational year for India’s Bharat Antariksha Station (space station)?
Recently scientists of which institute of India have discovered a new star?
What was the primary reason cited by Russia for formally withdrawing from the 1990 Treaty on Conventional Armed Forces in Europe (CFE)?
Which of the following venture capital firm has announced to launch a Rs 100-crore fund and plans to invest in 30 startups in the next 18 months?
Recently the country's first Display FAB facility was established under Semiconductor Mission programme, it was established in which of the following st...
What was the theme of World Development Information Day 2021?