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PSBs told to speed up sale of defaulters' properties, Real Estate News, ET RealEstate

State-owned banks regularly issue advertisements listing properties for sale, typically those that have been seized because loans went bad. But the ads usually fly well below the radar of the public. That s set to change. ....

National Capital Territory , Representative Image , Representative Imageabout , Property Auction , Advanced Property Auction , Finance Ministry , State Owned Banks , Public Sector Banks ,

PSBs told to speed up sale of defaulters' properties

The Indian finance ministry has requested state-owned banks to expedite the development of an advanced property auction platform and mobile app. Around 500,000 properties owned by state-owned lenders will be listed on the platform, offering bidders access to ownership details, photographs, videos, and other information. Currently, state-owned banks advertise properties for sale, but they often go unnoticed. ....

National Capital Territory , Property Auction , Ownership Type , E Auction Platform , Advanced Property Auction , State Owned Lenders , Finance Ministry , State Owned Banks ,

PNM distributes presidential assistance to 4 million customers

PNM distributes presidential assistance to 4 million customers
thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.

Sulawesi Tengah , Rahfie Syaefulshaaf , Permodalan Nasional Madani Persero , Ministry Integrated Payment Information System , Medium Enterprises Smes Ministry , Bank Negara Indonesia , Financial Services Authority , Financial Information Service System , Nasional Madani , Presidential Assistance , Medium Enterprises , State Owned Banks , Finance Ministry , Integrated Payment Information System , State Treasury , Business Credit ,

State-run banks to lower bond purchases as liquidity tightens, treasury officials say

India Business News: India's state-owned banks are expected to reduce their purchases of government bonds in the coming weeks due to tightening liquidity in the banking sy ....

Vijay Sharma , Business News , State Owned Banks , Reserve Bank Of India , Monetary Policy , Government Bond , Banking System Liquidity Tightens ,

State-owned banks face dilemma amidst govt and RBI directives on wilful defaults

The government is attempting to prevent banks from going in for compromise settlements with borrowers or technical write-offs in the case of loan accounts classified as wilful defaults or frauds. ....

National Company Law Tribunal , Financial Express , Bankruptcy Board , State Owned Banks , Loan Recovery , Wilful Defaulters , Bank Fraud , Bank Recovery , Loan Default Recovery , Reserve Bank Of India , Finance Ministry ,