Bad Bank

“Happy to share #RBI has given License to #NARCL on 4.10.2021. The approval has been accorded under Section 3 of #SARFAESI Act 2002,” Indian Banks’ Association CEO Sunil Mehta tweeted…

India’s recently set up bad bank should not be a permanent structure and wind up after it resolves the existing cases, former RBI governor D Subbarao told ET. Citing it as a moral hazard,…

Cabinet approves ₹30,600 crore guarantee programme. Paving the way for a major clean-up of bad loans in the banking system, the Cabinet on Wednesday cleared a ₹30,600-crore guarantee…

Will the new financial entity help to solve the problem of non-performing assets or bad loans? The story so far: The Union Cabinet on Wednesday approved a ₹30,600-crore backstop facility…

The Indian Banks' Association (IBA) has moved an application to the Reserve Bank of India (RBI) seeking licence to set up a ₹6,000 crore National Asset Reconstruction Company Ltd (NARCL)…

India VIX was down in the red. (Image: REUTERS)Share Market News Today | Sensex, Nifty, Share Prices LIVE: Equity benchmark indices began trading on Friday at fresh all-time highs. Sensex…

India VIX, the volatility gauge, was down in the red. (Image: REUTERS)Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices began saw a volatile opening to…

Hindi NewsBusinessPunjab National Bank, National Asset Reconstruction Company Ltd, NARCL, NPA, Bad Bank, PSU Banks, SBI, RBI, Nirmala Sitharamanनई दिल्ली12 मिनट पहलेकॉपी लिंकपीएनबी के एमडी…