Nationalise News

RBI’s Financial Stability Report (FSR) reveals the gross non-performing assets (GNPA) ratio has been gradually trending downwards from 9.3% in September 2019 to a seven-year low at 5.0% in September 2022, while net non-performing assets have dropped to a 10-year low of 1.3% of total assets. The stress tests in RBI’s Financial Stability Report showed that banks are capable of absorbing shocks even under adverse situations. Let's do an in-depth analysis of the report to determine its trend, the policy actions that have been helpful, and what can be done to make things even better.

Most of these posts have been lying vacant for months hindering effective decision making at the top in these banks that have been struggling with bad loans and massive losses

Four persons died on the spot and 40 others were injured, when a Sikkim Nationalised Transport bus rolled down 300 ft from a mountain road at Ambithang in North Sikkim

The centre said demonetised notes, if seized and produced in court before 30 December 2016, can be exchanged from the RBI and nationalised banks

Private banks are surging ahead of their counterparts in the public sector who are starved of capital and suffering from a larger mound of bad assets

British govt nationalises Bradford & Bingley

Bank employees go on strike