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);
}
$message = '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.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]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 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
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);
}
$message = '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.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]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 Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-trace').style.display = (document.getElementById('cakeErr67f6358e21707-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f6358e21707-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-code').style.display = (document.getElementById('cakeErr67f6358e21707-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-context').style.display = (document.getElementById('cakeErr67f6358e21707-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f6358e21707-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f6358e21707-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36540, 'metaTitle' => 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'metaKeywords' => 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans', 'metaDesc' => ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. Mumbai: Data over...', 'disp' => '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36540 $metaTitle = 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew' $metaKeywords = 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans' $metaDesc = ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. Mumbai: Data over...' $disp = '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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</pre></div></pre>latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew | Im4change.org</title> <meta name="description" content=" -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>In five years, pvt banks see 450 per cent spike in bad loans -George Mathew</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify"> </div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify"> </div><div align="justify">At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f6358e21707-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-code').style.display = (document.getElementById('cakeErr67f6358e21707-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-context').style.display = (document.getElementById('cakeErr67f6358e21707-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f6358e21707-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f6358e21707-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36540, 'metaTitle' => 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'metaKeywords' => 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans', 'metaDesc' => ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. Mumbai: Data over...', 'disp' => '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36540 $metaTitle = 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew' $metaKeywords = 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans' $metaDesc = ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. Mumbai: Data over...' $disp = '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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</pre></div></pre>latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew | Im4change.org</title> <meta name="description" content=" -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>In five years, pvt banks see 450 per cent spike in bad loans -George Mathew</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify"> </div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify"> </div><div align="justify">At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-trace').style.display = (document.getElementById('cakeErr67f6358e21707-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f6358e21707-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-code').style.display = (document.getElementById('cakeErr67f6358e21707-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f6358e21707-context').style.display = (document.getElementById('cakeErr67f6358e21707-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f6358e21707-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f6358e21707-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36540, 'metaTitle' => 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'metaKeywords' => 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans', 'metaDesc' => ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. Mumbai: Data over...', 'disp' => '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> &nbsp; </div> <div align="justify"> At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36540 $metaTitle = 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew' $metaKeywords = 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans' $metaDesc = ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. Mumbai: Data over...' $disp = '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks &mdash; from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI&rsquo;s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank&rsquo;s tough stance against divergence of NPAs. &ldquo;Some private banks were understating NPAs earlier; now they have to disclose them,&rdquo; said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad&nbsp; loans. That&rsquo;s a 514 per cent jump in NPAs in five years &mdash; from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">At 988 per cent, Axis Bank&nbsp; registered the biggest jump in NPAs over the last five financial years &mdash; from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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</pre></div></pre>latest-news-updates/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew | Im4change.org</title> <meta name="description" content=" -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>In five years, pvt banks see 450 per cent spike in bad loans -George Mathew</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify"> </div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify"> </div><div align="justify">At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> </div> <div align="justify"> At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36540, 'metaTitle' => 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'metaKeywords' => 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans', 'metaDesc' => ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over...', 'disp' => '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify"> </div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify"> </div><div align="justify">At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36540, 'title' => 'In five years, pvt banks see 450 per cent spike in bad loans -George Mathew', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /> <br /> Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /> <br /> What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /> <br /> Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /> </div> <div align="justify"> </div> <div align="justify"> <img src="tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /> </div> <div align="justify"> </div> <div align="justify"> At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /> <br /> Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /> </div>', 'credit_writer' => 'The Indian Express, 21 May, 2018, http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-george-mathew-4684655', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684655, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36540 $metaTitle = 'LATEST NEWS UPDATES | In five years, pvt banks see 450 per cent spike in bad loans -George Mathew' $metaKeywords = 'Non-Performing Assets,Non-Performing Assets (NPAs),Bad Loans' $metaDesc = ' -The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over...' $disp = '<div align="justify">-The Indian Express<br /><br /><em>Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans.<br /><br />Mumbai: </em>Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018.<br /><br />What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source.<br /><br />Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018.<br /></div><div align="justify"> </div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Bad Loans.jpg" alt="Bad Loans" width="507" height="368" /> <br /></div><div align="justify"> </div><div align="justify">At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.<br /><br />Please <a href="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/" title="http://indianexpress.com/article/business/banking-and-finance/in-five-years-pvt-banks-see-450-per-cent-spike-in-bad-loans-icici-videocon-deal-chanda-kochhar-5184749/">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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In five years, pvt banks see 450 per cent spike in bad loans -George Mathew |
-The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from Rs 19,800 crore at the end of financial year 2013-2014 to Rs 109,076 crore at the end of March 2018. What has contributed to this rise in NPAs of private banks is the RBI’s February 13 circular, which changed the rules governing the restructuring of stressed assets, besides the central bank’s tough stance against divergence of NPAs. “Some private banks were understating NPAs earlier; now they have to disclose them,” said a banking source. Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. That’s a 514 per cent jump in NPAs in five years — from Rs 10,506 crore at the end of financial year 2013-14 to Rs 54,063 crore at the end of March 2018. ![]() At 988 per cent, Axis Bank registered the biggest jump in NPAs over the last five financial years — from Rs 3,146 crore at the end of 2013-14 to Rs 34,249 crore at the end of 2017-18. The RBI had penalised Axis Bank for under-reporting Rs 5,632 crore worth of stressed assets last year.
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