TaxTMI 
TaxTMI 
Rise in NPAS in the Banking Sector
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....ise in NPAS in the Banking Sector <br>News and Press Release<br>Dated:- 23-11-2016<br><BR>The details of Gross Advances, Gross Non-Performing Assets (GNPA)+ Restructured Advances and Gross NPA + Restr....
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....uctured Advances ratio of Scheduled Commercials Banks (SCBs) for last three years are as under: SCHEDULED COMMERCIAL BANKS (Rs. In crore) GROSS ADVANCES GROSS NPA + RESTRUCTURED ADVANCES GNPA + R....
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....ESTRUCTURED ADVANCES RATIO FY 2014 61,01,775 6,08,967 9.98% FY 2015 66,91,204 7,28,925 10.89% FY 2016 72,73,202 8,32,786 11.45% Main reasons for increase in NPAs of banks are slowdown in ....
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....recovery in the global economy and continuing uncertainty in the global markets leading to lower exports of various products like textiles, engineering goods, leather, gems, etc. The PSB's continue to....
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.... be under stress on account of aggressive lending in the past. NITI Aaayog has not moved any proposal to create a bad bank to hold the stresses and non-productive assets and loan recovery of banks. ....
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.... This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha.<BR> News - Press release - PIB....