- Tag results for NPA
The full-service carrier, which has completed 25 years of operations, is looking to restructure debt as well as raise funds.
The state-run bank has made recoveries worth Rs 16,600 crore from bad loans this fiscal year.
Jet Airway's pilots discuss airline's current situation; may take final call on salary payment delays in March
Jet Airways has been making salary payments to many of its employees, including pilots, in a staggered manner, amid financial crunch.
Won't follow changes in schedule if flying allowances not paid by February 10: Air India pilot unions
On the basis of the number of flight hours a pilot spends a month, he or she receives a flying allowance.
The overall value of Non-Performing Asset (NPA) is expected to reach Rs 5.24 trillion till fiscal year 2020.
SBI has asked the interested parties that they can conduct due diligence of the asset with immediate effect, after submitting EoI and executing a Non-Disclosure Agreement.
As per the analysis, the difference in bad loan reporting also resulted in a variation in provisioning among banks and profits.
Indian banks are staring at fresh provisions on account of just two large loan accounts — Infrastructure Leasing & Financial Services Ltd and Jet Airways.
State-run banks have reduced a staggering Rs 2.22 lakh crore from their NPA tallies as loan recovery efforts paid off in the last three and half years, shows latest data.
RBI also allowed banks and NBFCs an extension to classify loan accounts of eligible MSME borrowers as NPAs to 180 days, subject to certain conditions.
Loan recoveries have picked up pace with the Insolvency and Bankruptcy Code set in motion in late 2016.
Owing to this, the top three private carriers posted humongous losses in second quarter of this fiscal.
Pinpark, an AI-based smart parking management company started by a team of youngsters is using the underutilised parking spaces in every city.
Based on CCTV footage, the driver, Dhanpal Velu (51), was nabbed from Chennai harbour where he was in hiding.
As the mercury starts witnessing the downward slide and winter sets in, it should never be an option for you to hide in a blanket with the room heater switched on.