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RBI Issues Master Direction for Asset Reconstruction Companies

Business: SBI net profit dips 7 pc to Rs 6,068 cr in Q1

The bank had reported a net profit of Rs 6,504 crore in the April-June quarter of 2021-22. Read More on Dynamite News:

Rajiv Kumar : ‘NPAs hampered economy’s growth, not demonetisation’

NITI Aayog Vice Chairman Rajiv Kumar on Monday said that economic growth in six quarters starting from the last quarter of 2015-16 slowed down due to rise in Non-Performing Assets (NPAs) and not the 2016 demonetisation drive, as claimed.

RBI Governor optimistic about NPA resolution

RBI Governor Dr Urjit Patel said he was optimistic about resolving the crisis caused by non-performing assets (NPAs) and stressed loans.

Adani Group responds to Swamy’s ‘NPA trapeze artiste’ remark

Gautam Adani led multinational conglomerate company, Adani Group, on Wednesday issued a statement claiming that the company has created world class assets, and their aggregate Net Asset Block of Indian operations stands at over Rs.1,10,000 crores.

Rising NPA in education loan propelling banks’ stress

Amid the ongoing crisis caused by increasing Non-Performing Assets (NPAs) in the banking sector, default payment in education loans is adding on to this, the data released by the Indian Banks’ Association (IBA) revealed.