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: 73
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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
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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

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: 74
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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</span></span></code>
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-The Economic Times&lt;br /&gt;
&lt;br /&gt;
&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;
&lt;br /&gt;
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;
&lt;br /&gt;
For private banks this increase was only 10 per cent during the same period. State-run banks&#039; gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.&lt;br /&gt;
&lt;br /&gt;
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;
&lt;br /&gt;
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;
&lt;br /&gt;
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;
&lt;br /&gt;
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 4 March, 2013, http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/financial-services-secretary-rajiv-takru-seeks-details-of-top-50-npas-from-state-ru&#039;,
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&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Economic Times&lt;br /&gt;&lt;br /&gt;&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;&lt;br /&gt;In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;&lt;br /&gt;&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;&lt;br /&gt;For private banks this increase was only 10 per cent during the same period. State-run banks&#039; gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.&lt;br /&gt;&lt;br /&gt;The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;&lt;br /&gt;The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;&lt;br /&gt;&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;&lt;br /&gt;The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;&lt;br /&gt;Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;&lt;/div&gt;&#039;,
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&lt;br /&gt;
&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;
&lt;br /&gt;
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;
&lt;br /&gt;
For private banks this increase was only 10 per cent during the same period. State-run banks&#039; gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.&lt;br /&gt;
&lt;br /&gt;
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;
&lt;br /&gt;
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;
&lt;br /&gt;
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;
&lt;br /&gt;
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;
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&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

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-The Economic Times

&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of..."/>
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&lt;br /&gt;
&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;
&lt;br /&gt;
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;
&lt;br /&gt;
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;
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&lt;br /&gt;
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;
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&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

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&lt;br /&gt;
&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;
&lt;br /&gt;
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;
&lt;br /&gt;
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;
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-The Economic Times

&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of..."/>
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                <strong>Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks</strong></h1>
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                <div align="justify">-The Economic Times<br /><br />&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.<br /><br />In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.<br /><br />&quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&quot; said the chairman of a state-run bank who attended the meeting. Public sector banks' gross NPA increased 48 per cent in one year, a Care Ratings study said.<br /><br />For private banks this increase was only 10 per cent during the same period. State-run banks' gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.<br /><br />The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.<br /><br />The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &quot;These steps are a continuation of the government's effort to help state-run banks manage their bad loans,&quot; a finance ministry official said.<br /><br />&quot;In the first phase the focus will be on wilful defaulters,&quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.<br /><br />The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.<br /><br />Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. <br /></div>               </font>
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-The Economic Times&lt;br /&gt;
&lt;br /&gt;
&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;
&lt;br /&gt;
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;
&lt;br /&gt;
For private banks this increase was only 10 per cent during the same period. State-run banks&#039; gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.&lt;br /&gt;
&lt;br /&gt;
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;
&lt;br /&gt;
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;
&lt;br /&gt;
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;
&lt;br /&gt;
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 4 March, 2013, http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/financial-services-secretary-rajiv-takru-seeks-details-of-top-50-npas-from-state-ru&#039;,
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-The Economic Times

&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Economic Times&lt;br /&gt;&lt;br /&gt;&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;&lt;br /&gt;In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;&lt;br /&gt;&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;&lt;br /&gt;For private banks this increase was only 10 per cent during the same period. State-run banks&#039; gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.&lt;br /&gt;&lt;br /&gt;The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;&lt;br /&gt;The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;&lt;br /&gt;&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;&lt;br /&gt;The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;&lt;br /&gt;Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;&lt;/div&gt;&#039;,
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-The Economic Times&lt;br /&gt;
&lt;br /&gt;
&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.&lt;br /&gt;
&lt;br /&gt;
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&amp;quot; said the chairman of a state-run bank who attended the meeting. Public sector banks&#039; gross NPA increased 48 per cent in one year, a Care Ratings study said.&lt;br /&gt;
&lt;br /&gt;
For private banks this increase was only 10 per cent during the same period. State-run banks&#039; gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.&lt;br /&gt;
&lt;br /&gt;
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.&lt;br /&gt;
&lt;br /&gt;
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &amp;quot;These steps are a continuation of the government&#039;s effort to help state-run banks manage their bad loans,&amp;quot; a finance ministry official said.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;In the first phase the focus will be on wilful defaulters,&amp;quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.&lt;br /&gt;
&lt;br /&gt;
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.&lt;br /&gt;
&lt;br /&gt;
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. &lt;br /&gt;
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&amp;nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of...&#039;
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-The Economic Times

&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of..."/>
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                <strong>Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks</strong></h1>
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                <div align="justify">-The Economic Times<br /><br />&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.<br /><br />In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.<br /><br />&quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&quot; said the chairman of a state-run bank who attended the meeting. Public sector banks' gross NPA increased 48 per cent in one year, a Care Ratings study said.<br /><br />For private banks this increase was only 10 per cent during the same period. State-run banks' gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.<br /><br />The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.<br /><br />The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &quot;These steps are a continuation of the government's effort to help state-run banks manage their bad loans,&quot; a finance ministry official said.<br /><br />&quot;In the first phase the focus will be on wilful defaulters,&quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.<br /><br />The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.<br /><br />Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. <br /></div>               </font>
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-The Economic Times<br />
<br />
&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.<br />
<br />
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.<br />
<br />
&quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&quot; said the chairman of a state-run bank who attended the meeting. Public sector banks' gross NPA increased 48 per cent in one year, a Care Ratings study said.<br />
<br />
For private banks this increase was only 10 per cent during the same period. State-run banks' gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.<br />
<br />
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.<br />
<br />
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &quot;These steps are a continuation of the government's effort to help state-run banks manage their bad loans,&quot; a finance ministry official said.<br />
<br />
&quot;In the first phase the focus will be on wilful defaulters,&quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.<br />
<br />
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.<br />
<br />
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. <br />
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In a recent meeting with heads of...',
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-The Economic Times<br />
<br />
&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.<br />
<br />
In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk.<br />
<br />
&quot;We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished,&quot; said the chairman of a state-run bank who attended the meeting. Public sector banks' gross NPA increased 48 per cent in one year, a Care Ratings study said.<br />
<br />
For private banks this increase was only 10 per cent during the same period. State-run banks' gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm.<br />
<br />
The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal.<br />
<br />
The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. &quot;These steps are a continuation of the government's effort to help state-run banks manage their bad loans,&quot; a finance ministry official said.<br />
<br />
&quot;In the first phase the focus will be on wilful defaulters,&quot; the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs.<br />
<br />
The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector.<br />
<br />
Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down. <br />
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&nbsp;The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters.

In a recent meeting with heads of...'
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Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks

-The Economic Times  The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished by the borrower and how it covers the risk. "We are told that recovery steps will be discussed with the chairman of each bank individually after the information is furnished," said the chairman of a state-run bank who attended the meeting. Public sector banks' gross NPA increased 48 per cent in one year, a Care Ratings study said. For private banks this increase was only 10 per cent during the same period. State-run banks' gross NPA as a percentage of advances increased to 3.92 per cent in December from 3.02 per cent in March 2012. This has triggered alarm. The finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track, given the stringent norms for capital adequacy set to be implemented under Basel III from next fiscal. The banks have also been directed to report to the ministry the monitoring mechanism being followed to recover defaults and the support that needs to be provided where borrowers have defaulted due to circumstances beyond their control. "These steps are a continuation of the government's effort to help state-run banks manage their bad loans," a finance ministry official said. "In the first phase the focus will be on wilful defaulters," the person added. The Reserve Bank of India in its draft guidelines has stated that standard restructured assets will be treated as non-performing assets from April 1, 2015, which could mean a significant increase in NPAs. The Care Ratings report said subdued economic activity and consistent high interest rates have impacted the debt repayment capacity of corporates, leading to asset quality deterioration and rise in the quantum of restructured assets across the banking sector. Devendra Jain, chairman of Atishya Group that runs a dedicated portal, NPAsource.com, for resolution of stressed assets of banks and other financial institutions, says NPA levels in Indian banking system may come under control next financial year if interest rates begin to go down.