assets - Latest News on assets | Read Breaking News on Zee News

ICRA sees NPAs soaring by up to 1.50% to 5.9% this fiscal

Last Updated: Monday, June 8, 2015, 22:36

Domestic rating agency ICRA today said gross NPAs in the system may jump up to 5.9 percent this fiscal from 4.4 percent despite economic growth because of lagged recognition of bad assets which is resulting in slippage of more restructured accounts into dud loans.

SBI to e-auction distressed property on June 12

Last Updated: Friday, June 5, 2015, 16:57

SBI, in a public notice today, said it will be conducting a mega e-auction of distressed residential and commercial properties on June 12.