Page-3 of NPA Current Affairs, GK & News

IBC and Reduction in Gross NPAs of Banks

The biggest problem of the Indian Banking System is Non-performing Asset (NPA). The report of the Crisil has stated that the gross NPA is estimated to have declined to 10 per cent in end-March 2019 from 11.5 per cent a year before as recoveries through the Insolvency and Bankruptcy Code (IBC) helped banks recover bad ..

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RBI Cuts Key Interest Rate

The Reserve Bank of India (RBI) has slashed the key interest rate, repo rate by 25 basis points or 0.25 per cent to 6 per cent and has decided to maintain the neutral policy stance. Financial Statement of the RBI RBI projected GDP growth at 7.2 per cent for the financial year 2019-20. Reverse repo ..

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RBI tweaks NPA Disclosure Norms

The Reserve Bank of India (RBI) has brought changes to the bad loan divergence rule. The Bad loan divergence practice mandated by RBI aims at improving transparency in asset classification. The Changes brought in by the RBI are: NPA Disclosure Norms Banks are required to disclose divergence when the additional provisioning for NPAs assessed by ..

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Prompt Corrective Action framework restrictions lifted for Three Banks

The Reserve Bank of India (RBI) has lifted the Prompt Corrective Action (PCA) framework operational curbs on Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC). These public sector banks are out of the prompt corrective action (PCA) framework. This will aid in making marked improvements in the capital positions ..

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RBI cautions on NPAs due to MUDRA Loans

The Reserve Bank of India (RBI) has voiced concern on the spike in non-performing assets (NPAs) under the government’s flagship scheme Pradhan Mantri Mudra Yojana to support micro-enterprises in the country. Disbursements under Pradhan Mantri Mudra Yojana The annual report of the Pradhan Mantri Mudra Yojana provides following data about the disbursements under the Pradhan ..

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