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Articles for NPA, search results for crisis

Microfinance meltdown: Five stocks that could come out on top
1 month ago

Microfinance meltdown: Five stocks that could come out on top

Live Mint  

The microfinance sector is facing a severe downturn, with every small finance bank and non-banking finance company involved in microlending seeing declines of 30-50%. Equitas Small Finance Bank estimates that around 50% of loans overdue by 90 days eventually become NPAs, though this figure varies across lenders. Equitas Small Finance Bank, Ujjivan Small Finance Bank, CreditAccess Grameen Ltd, and Arman …

Car Bank Cag This Article Lenders Npa Npas
Of what good is a bad bank?
2 years, 6 months ago

Of what good is a bad bank?

The Hindu  

The story so far: Finance Minister Nirmala Sitharaman on Monday announced that the National Asset Reconstruction Company along with the India Debt Resolution Company will take over the first set of bad loans from banks and try to resolve them. A bad bank is a financial entity set up to buy non-performing assets, or bad loans, from banks. The aim …

Assets Loans Loan Capital Public Sector Banks Help Sector
Food shortages ‘by end of week’ as CO2 crisis grows
3 years, 3 months ago

Food shortages ‘by end of week’ as CO2 crisis grows

The Telegraph  

The National Pig Association said there were already 100,000 pigs awaiting slaughter at abattoirs due to a shortage of labour and now of carbon dioxide. David Limpars, the NPA's technical operations director, said the industry was facing "farmageddon" within 10 working days, with fresh meat, including sausages and pork chops, the first to disappear from supermarket shelves. A spokesman for …

Food Industry Carbon Co2 Carbon Dioxide Npa
GOI rescues Punjab govt from financial crisis on foodgrain procurement
3 years, 8 months ago

GOI rescues Punjab govt from financial crisis on foodgrain procurement

Op India  

Even as the Punjab government continues to fight the centre opposing reforms in the agriculture sector, the state government was rescued by the central govt just before the end of the financial year 2020-21 from a crisis situation in the sector. Had the central govt not intervened, the state govt in Punjab would not have been able to procure produces …

Food Farmers Loans State Fci Govt Entire
Explained | Can a ‘bad bank’ solve the growing NPA crisis?
3 years, 10 months ago

Explained | Can a ‘bad bank’ solve the growing NPA crisis?

The Hindu  

The story so far: Finance Minister Nirmala Sitharaman in her Budget speech on Monday revived the idea of a ‘bad bank’ by stating that the Centre proposes to set up an asset reconstruction company to acquire bad loans from banks. With banks expected to report even more bad loans this year, the idea of a ‘bad bank’ has gained particular …

Indian Assets Bank Loans Loan Crisis Public Sector Banks