Search Results for Tag : non-performing asset

News

SC Directs Banks Not to Impose Penalty on EMI Default by Amrapali Home Buyers(19.04.2022)

Supreme Court has directed the banks that their accounts shall not be treated as Non-Performing Assets Accounts and no penalties shall be charged fro.....

Tags : Supreme Court , Non-Performing Assets Accounts, EMI, Amrapali Group

CIC Stays Order on Disclosure of Information on Non-Performing Assets(08.07.2021)

Central Information Commission (CIC) has stayed the order of the First Appellate Authority (FAA) of the Reserve Bank of India (RBI) which had directed.....

Tags : Central Information Commission, Disclosure of Information on Non-Performing Assets

SC Refuses to Entertain Plea Seeking Clarification on Declaration of Loan Accounts as NPA(09.07.2021)

Supreme Court has refused to entertain a plea seeking clarification and modification of its 23rd March 2021 judgement whereby it vacated the stay on d.....

Tags : Supreme Court, Declaration of Loan Accounts as Non-Performing Assets

President Pranab Mukherjee Signs Ordinance Giving RBI More Power to Tackle Bad Loans(05.05.2017)

President Pranab Mukherjee has given a nod to an ordinance to amend Banking Regulation Act for resolution of Non-performing Asset (NPA) crisis, thereb.....

Tags : President Pranab Mukherjee, Non-performing Asset

Judgments

Opportunity to decide NPA classification on account-basis slips by(11.04.2016)

A borrower having repaid all of the principal sum but with more than 20 per cent of interest remaining cannot escape the provisions of the SARFAESI Ac.....

Tags : non-performing asset, classification, multiple accounts, borrower

SC: No Loan to be termed NPA Till New Orders(04.09.2020)

Supreme Court has asked banks not to declare any loan account as non-performing asset (NPA) till it passed further orders on a bunch of Petitions ques.....

Tags : Supreme Court, Declaration of Non-Performing Assets

Supreme Court Seeks Action Plan on Recovery of Bad Loans(21.11.2016)

Supreme Court has said that disclosure of names of debtors, who owe Rs 500 crore or more to banks, will not lead "anywhere" as the important issue is .....

Tags : Supreme Court, Non-Performing Assets, disclosure, debtors