Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Bleeding banks need more than a bandage -Shachi Singh    </title>
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The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help?

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                            <div align="justify">-GoI Monitor<br /><br /><em>The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help?<br /></em><br />THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list of loan defaulters public. <br /><br />The banking industry is in shambles thanks to high level of NPAs, especially in public banks. According to a report by the Public Finance Public Accountability Collective (PFPAC), the NPAs rose from a mere Rs 50,517 crores in 2007 to Rs 5,41,763 crores in 2016. In a period of six months between September 2015 and March 2016 the amount of NPAs shot up by a staggering 46 percent. That they now stand at Rs 10 lakh crore underscores the economic slowdown and failure of remedial measures.<br /><br />A CARE Ratings report found that NPAs of 13 public sector banks jumped 57 per cent from Rs 1.67 lakh crore in December 2015 to Rs 2.33 lakh crore in March 2016. These banks added Rs 50,000 crore more in NPAs in the next four quarters till March 2017. <br /><br />Please <a href="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D" title="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D" class="re" target="_blank">GoI Monitor, 21 June, 2017, http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D</a><div class="clear"></div>
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    <h1 class="cat-box-title">Bleeding banks need more than a bandage -Shachi Singh</h1>
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                            <div align="justify">-GoI Monitor<br /><br /><em>The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help?<br /></em><br />THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list of loan defaulters public. <br /><br />The banking industry is in shambles thanks to high level of NPAs, especially in public banks. According to a report by the Public Finance Public Accountability Collective (PFPAC), the NPAs rose from a mere Rs 50,517 crores in 2007 to Rs 5,41,763 crores in 2016. In a period of six months between September 2015 and March 2016 the amount of NPAs shot up by a staggering 46 percent. That they now stand at Rs 10 lakh crore underscores the economic slowdown and failure of remedial measures.<br /><br />A CARE Ratings report found that NPAs of 13 public sector banks jumped 57 per cent from Rs 1.67 lakh crore in December 2015 to Rs 2.33 lakh crore in March 2016. These banks added Rs 50,000 crore more in NPAs in the next four quarters till March 2017. <br /><br />Please <a href="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D" title="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D" class="re" target="_blank">GoI Monitor, 21 June, 2017, http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D</a><div class="clear"></div>
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    <h1 class="cat-box-title">Bleeding banks need more than a bandage -Shachi Singh</h1>
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                            <div align="justify">-GoI Monitor<br /><br /><em>The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help?<br /></em><br />THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list of loan defaulters public. <br /><br />The banking industry is in shambles thanks to high level of NPAs, especially in public banks. According to a report by the Public Finance Public Accountability Collective (PFPAC), the NPAs rose from a mere Rs 50,517 crores in 2007 to Rs 5,41,763 crores in 2016. In a period of six months between September 2015 and March 2016 the amount of NPAs shot up by a staggering 46 percent. That they now stand at Rs 10 lakh crore underscores the economic slowdown and failure of remedial measures.<br /><br />A CARE Ratings report found that NPAs of 13 public sector banks jumped 57 per cent from Rs 1.67 lakh crore in December 2015 to Rs 2.33 lakh crore in March 2016. These banks added Rs 50,000 crore more in NPAs in the next four quarters till March 2017. <br /><br />Please <a href="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D" title="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D" class="re" target="_blank">GoI Monitor, 21 June, 2017, http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D</a><div class="clear"></div>
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Bleeding banks need more than a bandage -Shachi Singh

Published on Jun 23, 2017   Modified on Jun 23, 2017

-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list of loan defaulters public. The banking industry is in shambles thanks to high level of NPAs, especially in public banks. According to a report by the Public Finance Public Accountability Collective (PFPAC), the NPAs rose from a mere Rs 50,517 crores in 2007 to Rs 5,41,763 crores in 2016. In a period of six months between September 2015 and March 2016 the amount of NPAs shot up by a staggering 46 percent. That they now stand at Rs 10 lakh crore underscores the economic slowdown and failure of remedial measures. A CARE Ratings report found that NPAs of 13 public sector banks jumped 57 per cent from Rs 1.67 lakh crore in December 2015 to Rs 2.33 lakh crore in March 2016. These banks added Rs 50,000 crore more in NPAs in the next four quarters till March 2017. Please click here to read more.

GoI Monitor, 21 June, 2017, http://www.goimonitor.com/story/bleeding-banks-need-more-bandage?cn=bWVudGlvbg%3D%3D

Tagged with: Non-Performing Assets Non-Performing Assets (NPAs) banking

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