Page-4 of NPA Current Affairs, GK & News
According to BMI Research, a Fitch group company, India is expected to register a growth of 6.9% in this financial year. BMI Research was founded in 1984 by Business Monitor International and later in 2014, it was acquired by Fitch Group. The firm performs industry and financial market analysis in 24 industries and 200 global markets. Salient Facts ..
Month: Current Affairs - July, 2017
The banking sector in India is dominated by public-sector banks (PSBs) with government being the majority stake holder in them. In recent years, the Public Sector banks have been suffering with multiple problems of non-performing assets (NPAs), large over-dues; competition, performance, political pressures and so on. In this context, the former RBI governor Raghuram Rajan had ..
RBI has come up with a notification titled “Revised Prompt Corrective Action (PCA) framework for banks.” The revised framework would apply to all banks operating in India including small and foreign banks. The new set of provisions will be effective from April 1 based on the financials of banks as of March 2017. The revised ..
In the light of the recent idea put forward by the Chief Economic Advisor, Arvind Subramanian, as well as Viral Acharya, the new Deputy Governor of RBI, backed by the Finance Ministry to set up a “Bad Bank”, the question arises as to whether this idea will help in addressing the problem of Non-Performing Assets ..
The Public Sector Asset Rehabilitation Agency (PARA) colloquially called “Bad Bank” is a proposed agency to assume the Non-Performing Assets (NPA) of public sector banks in India and to deal with the recovery of the bad loans. This agency has been proposed in Economic Survey 2016-17. The NPA Problem At end-September 2016, the NPAs of ..
In banking terminology, assets of a bank include all the different types of loans that it gives to borrowers and other investments made by the bank in relatively risk-free instruments such as government bonds, corporate bonds, etc. The term asset quality implies the quality of loans that a bank has given out. A bank is ..