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Cooperative banks allowed to double gold loan under bullet repayment

Last Updated: Thursday, January 8, 2015, 19:13

The Reserve Bank on Thursday doubled to Rs 2 lakh the amount of loan furnished by cooperative banks under the Gold Loan - Bullet Repayment scheme.

Need to clean up bad debts in banks within a year: Raghuram Rajan

Last Updated: Saturday, January 3, 2015, 21:02

Total Gross Non Performing Assets of public sector banks stood at over Rs 2.43 lakh crore as on end-September 2014. The top 30 NPAs account for Rs 87,368 crore or 35.9 per cent of total gross NPAs of PSBs.