Banks Need To Deal With Poor Loan Defaulters In Sensitive, Humane Way: FM Nirmala Sitharaman
There have been instances of representatives of banks even indulging in physical violence while trying to recover loan instalments.
Jul 24, 2023, 14:21 PM ISTNPA sales down to a trickle of just 2% of total bad loans
Notwithstanding rising bad loan problems in the system, sale of stressed assets to asset reconstruction companies (ARCs) in 2015-16 was only a trickle of the NPA mount at 2 per cent of the total of nearly Rs 5.8 trillion, which is down a whopping 20 percent from previous year, says a report.
Jul 07, 2016, 19:34 PM IST