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


        trigger_error($message, E_USER_DEPRECATED);

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

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


        trigger_error($message, E_USER_DEPRECATED);

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

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

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        LATEST NEWS UPDATES | Iron, steel cos&#039; GNPA for PSBs in basic metals 24%: Govt    </title>
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The Indian steel industry contributes approximately 2 per cent to the country's GDP

New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector..."/>
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The Indian steel industry contributes approximately 2 per cent to the country's GDP

New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector..." />
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                            <div align="justify">-PTI<br /><br /><em>The Indian steel industry contributes approximately 2 per cent to the country's GDP<br /><br />New Delhi: </em>Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel.<br /><br />&quot;The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017 is 23.70 per cent for public sector banks,&quot; the Minsitry of Steel said in a statement.<br /><br />As per the National Steel Policy, 2017, the Indian steel industry contributes approximately 2 per cent to the country's Gross Domestic Product (GDP).<br /><br />The benefit of RBI schemes namely 5/25 Scheme and Scheme for Sustainable Structuring of Stressed Assets (S4A) for restructuring of debts of stressed companies can be availed by steel companies.<br /><br />Public sector banks have been reeling under high non- performing assets (NPAs). Their NPAs have increased more than two-and-a-half times to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.<br /><br />The RBI's internal advisory committee had identified 12 large stressed cases worth over Rs 5,000 crore, accounting to 25 per cent (Rs 1.75 lakh crore) of total gross non-performing assets, for proceedings under the insolvency and bankruptcy code.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html" title="http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html">click here</a> to read more. <br /></div>                                                           
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The Indian steel industry contributes approximately 2 per cent to the country's GDP

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                            <div align="justify">-PTI<br /><br /><em>The Indian steel industry contributes approximately 2 per cent to the country's GDP<br /><br />New Delhi: </em>Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel.<br /><br />&quot;The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017 is 23.70 per cent for public sector banks,&quot; the Minsitry of Steel said in a statement.<br /><br />As per the National Steel Policy, 2017, the Indian steel industry contributes approximately 2 per cent to the country's Gross Domestic Product (GDP).<br /><br />The benefit of RBI schemes namely 5/25 Scheme and Scheme for Sustainable Structuring of Stressed Assets (S4A) for restructuring of debts of stressed companies can be availed by steel companies.<br /><br />Public sector banks have been reeling under high non- performing assets (NPAs). Their NPAs have increased more than two-and-a-half times to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.<br /><br />The RBI's internal advisory committee had identified 12 large stressed cases worth over Rs 5,000 crore, accounting to 25 per cent (Rs 1.75 lakh crore) of total gross non-performing assets, for proceedings under the insolvency and bankruptcy code.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html" title="http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html">click here</a> to read more. <br /></div>                                                           
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The Indian steel industry contributes approximately 2 per cent to the country's GDP

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    <h1 class="cat-box-title">Iron, steel cos&#039; GNPA for PSBs in basic metals 24%: Govt</h1>
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                            <div align="justify">-PTI<br /><br /><em>The Indian steel industry contributes approximately 2 per cent to the country's GDP<br /><br />New Delhi: </em>Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel.<br /><br />&quot;The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017 is 23.70 per cent for public sector banks,&quot; the Minsitry of Steel said in a statement.<br /><br />As per the National Steel Policy, 2017, the Indian steel industry contributes approximately 2 per cent to the country's Gross Domestic Product (GDP).<br /><br />The benefit of RBI schemes namely 5/25 Scheme and Scheme for Sustainable Structuring of Stressed Assets (S4A) for restructuring of debts of stressed companies can be availed by steel companies.<br /><br />Public sector banks have been reeling under high non- performing assets (NPAs). Their NPAs have increased more than two-and-a-half times to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.<br /><br />The RBI's internal advisory committee had identified 12 large stressed cases worth over Rs 5,000 crore, accounting to 25 per cent (Rs 1.75 lakh crore) of total gross non-performing assets, for proceedings under the insolvency and bankruptcy code.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html" title="http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html">click here</a> to read more. <br /></div>                                                           
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Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt

Published on Jan 3, 2018   Modified on Jan 3, 2018

-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017 is 23.70 per cent for public sector banks," the Minsitry of Steel said in a statement. As per the National Steel Policy, 2017, the Indian steel industry contributes approximately 2 per cent to the country's Gross Domestic Product (GDP). The benefit of RBI schemes namely 5/25 Scheme and Scheme for Sustainable Structuring of Stressed Assets (S4A) for restructuring of debts of stressed companies can be availed by steel companies. Public sector banks have been reeling under high non- performing assets (NPAs). Their NPAs have increased more than two-and-a-half times to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015. The RBI's internal advisory committee had identified 12 large stressed cases worth over Rs 5,000 crore, accounting to 25 per cent (Rs 1.75 lakh crore) of total gross non-performing assets, for proceedings under the insolvency and bankruptcy code. Please click here to read more.

Business Standard, 2 January, 2018, http://www.business-standard.com/article/economy-policy/iron-steel-cos-gnpa-for-psbs-in-basic-metals-24-govt-118010100832_1.html

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

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