Tag: Non Performing Asset

New Delhi: Senior Congress leader Kapil Sibal on Sunday hit back at Prime Minister Narendra Modi, saying the “so-called kamdar” had destroyed India’s economy with no jobs and no solutions to rising unemployment. Sibal’s comment comes in continuation of the war of words between the Bharatiya Janata Party (BJP) and the Congress, as Modi on Saturday […]

Kolkata: State-run lender United Bank of India on Wednesday said the Reserve Bank of India (RBI) has prescribed certain additional actions under the Prompt Corrective Action (PCA) Framework in view of its high net non-performing asset (NPA) and financial health. “…The Reserve Bank of India has prescribed certain additional actions under the Prompt Corrective Action […]

Kolkata: State-run UCO Bank, which is focusing on increasing retail, agriculture and Micro, Small and Medium Enterprises (MSME) business, is aiming at Rs 8,000 crore recovery from the non-performing asset (NPA) accounts during the current fiscal, an official said on Wednesday. “We set a target of at least Rs 2,000 crore of recovery per quarter […]