Non-performing assets home loan
The lenders of the Pink City Expressway are worried as they fear that their project will be soon turning into a non-performing asset (NPA). The Highway Ministry joining hands with the National Highways Authority of India (NHAI) has ordered the banks to replace the developer; else they will cancel the Gurgaon-Jaipur highway project. Close to [...] Continue Reading »
To grow their secured credit portfolio, Banks usually believe housing loans the best bet. Whereas that is frequently the case, some public sector banks have reported higher level of non-performing assets (NPAs) in their housing loan book. At six public sector banks, the finance ministry has showed concern over high home loan NPAs counting the [...] Continue Reading »
