{"id":2635,"date":"2017-11-13T22:51:47","date_gmt":"2017-11-13T17:21:47","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=2635"},"modified":"2017-11-14T00:07:26","modified_gmt":"2017-11-13T18:37:26","slug":"finmin-asks-psu-banks-to-act-swiftly-to-deal-with-npas","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=finmin-asks-psu-banks-to-act-swiftly-to-deal-with-npas","title":{"rendered":"Finmin asks PSU banks to act swiftly to deal with NPAs"},"content":{"rendered":"<h3><a href=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/bad-loans.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-2369\" src=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/bad-loans-300x237.jpg?resize=300%2C237\" alt=\"\" width=\"300\" height=\"237\" srcset=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/bad-loans.jpg?resize=300%2C237&amp;ssl=1 300w, https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/bad-loans.jpg?w=535&amp;ssl=1 535w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Concerned over NPAs crossing Rs 7 lakh crore, the finance ministry has asked public sector banks (PSBs) to take swift and firm action to deal with the bad loan problem, a banker said.<\/h3>\n<p>One of the focus areas of the meeting was effective monitoring to ensure better recoveries from the stressed assets, a senior public sector banker said.<\/p>\n<p>Banks were also advised to look at cases where settlement can be done as part of lowering the burden.<br \/>\nBesides, the finance ministry also asked banks to look at a differentiated approach so as to create niche for them, another banker said. The differentiated approach would also help them strengthen their financials.<\/p>\n<p><strong><span style=\"color: #993366;\">Read more at : <a href=\"https:\/\/economictimes.indiatimes.com\/industry\/banking\/finance\/banking\/finmin-asks-psu-banks-to-act-swiftly-to-deal-with-npas\/articleshow\/61628799.cms\" target=\"_blank\" rel=\"noopener\">Finmin asks PSU banks to act swiftly to deal with NPAs<\/a><\/span><\/strong><\/p>\n <!-- AdSense Now! Lite: WP is not in the loop.  -->\n","protected":false},"excerpt":{"rendered":"<p>Concerned over NPAs crossing Rs 7 lakh crore, the finance ministry has asked public sector banks (PSBs) to take swift and firm action to deal with the bad loan problem, a banker said.<\/p>\n","protected":false},"author":1,"featured_media":2370,"comment_status":"open","ping_status":"closed","template":"","tags":[3,35,11,278,39,74,43,89],"news-category":[244,314,27,300,29,28,277,342,69,330,344],"class_list":["post-2635","news","type-news","status-publish","has-post-thumbnail","hentry","tag-banking","tag-economy","tag-finance","tag-finance-ministry","tag-loans","tag-npa","tag-psb","tag-sbi","news-category-bad-debts","news-category-bad-loans","news-category-banking","news-category-banks","news-category-economy","news-category-finance","news-category-finance-ministry","news-category-national-company-law-tribunal-nclt","news-category-npa","news-category-psb","news-category-recovery"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/2635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2635"}],"version-history":[{"count":1,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/2635\/revisions"}],"predecessor-version":[{"id":2636,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/2635\/revisions\/2636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/2370"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2635"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2635"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=2635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}