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Tag: NPA

Economy

Lakshmi Vilas finds a new home in Indiabulls

April 6, 2019April 8, 2019 - by Abdul

The boards of Lakshmi Vilas Bank(LVB) and Indiabulls Housing Finance has approved the merger between the two to create what would be known as the ‘Indiabulls Lakshmi Vilas Bank’. The …

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Economy

RBI says there is no change of stance on February 12 circular

March 17, 2019March 18, 2019 - by Abdul

The Reserve Bank of India has clarified that there is no change in its stand with regard to February 12 circular on stressed assets recognition and resolution. In February 2018,RBI …

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Economy

Central Bank of India to sell NPA’s worth Rs 3300 crores

March 5, 2019March 5, 2019 - by Abdul

Central Bank of India have decided to put non-Performing assets(NPA) worth Rs 3,300 crore on sale under the SARFESI Act.These assets are also under the National Company law tribunal(NCLT) resolution …

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