Tag: bad loans

RBI tightens bad loan rules to align with global norms

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RBI tightens bad loan rules to align with global norms

Reserve Bank of India (RBI). File | Photo Credit: Reuters The Reserve Bank of India (RBI) has rejigged the rules governing classification of bad loans, definition, and recovery, to align with globally-accepted standards, effective April 1, 2027, according to the Master Directions released on Monday (April 27, 2026). “These Directions are intended to further strengthen…

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Business

What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans

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What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans

New Delhi: Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets – post the global financial crisis – on Indian banks’ books, former Reserve Bank chief Raghuram Rajan said Wednesday in an interview with an online newspaper. Mr Rajan, the RBI Governor from 2013 to 2016, said…

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Nation

Data | Bad loans at a record low, but write-offs still in the mix

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Data | Bad loans at a record low, but write-offs still in the mix

Between 2016 and 2019, the NPA ratio remained high. It began to decline later and continued to do so even during the pandemic. Just four years ago, Indian banks’ non-performing assets (NPA) ratio was the worst among most emerging economies. NPAs are bad loans which the borrower is not in a position to repay at…

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Business