Fri, Jan 06, 2023
With just a few weeks left for the budget, speculations were rife regarding the privatisation of banks. A section of media reported quoting NITI Aayog that the government is in the process of making extensive preparations for the eventual privatisation of banking institutions.
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Mon, Dec 19, 2022
Replying to a question, Karad said, the gross NPAs of public sector banks had peaked to Rs 8,95,601 crore (Gross NPA ratio of 14.58 per cent) in 2018 primarily as a result of the asset quality review undertaken by the Reserve Bank of India (RBI).
Thu, Feb 03, 2022
The embedded value of LIC has been set at over 5 trillion rupees (USD 66.82 billion), said a government official on Thrusday.
Wed, Feb 02, 2022
BPCL privatisation may have been put back to the following fiscal year as no bidder visited the firm's premises in the previous quarter, PTI reported quoting a company official.
Tue, Jan 31, 2017
To tackle the bad loans problem, the economic Survey 2016-17, has suggested creation of a centralised Public Sector Asset Rehabilitation Agency (PARA) that could take charge of the largest, most difficult cases, and make politically tough decisions to reduce debt.
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