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10 failed loan recasts to push up bank NPAs by Rs 4500 Cr

10 failed loan recasts to push up bank NPAs by Rs 4500 Non-performing assets (NPAs) for a clutch of banks are set to go up by close to 4,500 crore in the March quarter, solely on account of 10 failed recasts.  Read here for more @ http://www.financialexpress.com/article/industry/banking-finance/failed-loan-recasts-in-q4-push-up-stressed-assets-by-rs-4500cr/238327/

BIS Proposes Uniform Definition of Non Performing Assets

At a time when Indian banks are battling the bad loan menace, global banking regulators’ body BIS has proposed a uniform definition for non-performing assets.. Read here for more @ http://www.dnaindia.com/money/report-bis-proposes-uniform-definition-of-non-performing-assets-2202995

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