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India bad loan News

12 Sep 2018

Doubling limit for filing DRT cases will expedite bad loan recovery: Finmin

The pecuniary limit was raised last week following amendment in the rules of Recovery of Debts due to Banks and Financial Institutions Act, 1993.

28 Dec 2017

Bad loans: India ranks 5th on list of countries with highest levels of NPA

India’s NPA ratio is at 9.85 percent.

Reserve Bank of India

30 Mar 2015

RBI relaxes bad loans provisioning rules for banks

The relaxation will be applicable for floating provisions held by them as of the end of December 2014.

16 Jul 2014

NBFCs' bad loans jump to 1.9% in FY14; advances growth down 57%

Going by the 90-day due rule, which qualifies an asset as bad for commercial banks, delinquencies increased to 4.5 percent as of March 2014 as against 3.6 percent in the year-ago period, it said.

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