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As per RBI's data on global operations, aggregate loans increased from Rs. 25,03,431 crore as on 31.3.2008 to Rs. 68,75,748 crore as on 31.3.2014. #NPA
Asset Quality Review (AQR) initiated in 2015 for clean and fully provisioned bank balance-sheets revealed high incidence of Non-Performing Assets (NPAs). #NPA
Primarily as a result of transparent recognition of stressed assets as NPAs, gross NPAs of SCBs, as per RBI, rose from Rs. 3,23,464 crore as on 31.3.2015, to Rs. 10,36,187 crore as on 31.3.2018. #NPA
GoI passed 'Insolvency & Bankruptsy (Amendment) Bill' in 2016, and resolution of various cases started through, National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016 (IBC) only. #NPA
SCBs have effected record recovery of Rs. 4,01,424 crore over the last four financial years, including record recovery of Rs. 1,56,746 crore during 2018-19 (provisional data). #NPA
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Related hashtags

#NPA

More from @go4avinash see all

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Avinash Srivastava
@go4avinash
#BSNL started booking net Loss'es post 2008-09.

Who's responsible ?

17-18: -7,993
16-17: -4,793
15-16: -3,880
14-15: -8,234
13-14: -7,020
12-13: -7,884
11-12: -8,851
10-11: -6,384
09-10: -1,822
08-09: +575
07-08: +3,009
06-07: +7,805
05-06: +8,939
04-05: +10,183

#ProfitAndLoss
#AirIndia started booking net Loss'es post 2005-06.

Who's responsible ?

17-18: -5,338
16-17: -6,282
15-16: -4,311
14-15: -6,280
13-14: -6,280
12-13: -5,490
11-12: -7,560
10-11: -6,865
09-10: -5,552

08-09: -8,439
07-08: -9,236
06-07: -541
05-06: +15
04-05: +96

#ProfitAndLoss
#HAL's Profit Before Tax (PBT) is consolidated during the years.

How can someone say that Modi ruined 'HAL' ?

18-19: +3,628
17-18: +3,323
16-17: +3,583
15-16: +3,207
14-15: +1,679
13-14: +3,661
12-13: +3,768
11-12: +3,329
10-11: +2,840
09-10: +2,617

#ProfitAndLoss
Read 7 tweets
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Avinash Srivastava
@go4avinash
You openly chant La' Il'aha I'll A'llah.

... but BJP is polarizing

You show F'uc'k 'Om' H'indutva placard.

... but BJP is polarizing

You invite women in B'urq'a for protests.

... but BJP is polarizing

You talk of cutting Assam from India.

... but BJP is polarizing
You openly shout H'indu'tva Ki Kabar.

... but BJP is polarizing

You v'andalize public property and s'et fire.

... but BJP is polarizing

You show placard, 'Hi'ndurashtra is R'apist.

... but BJP is polarizing

You openly seek J'innah Wali Aazadi.

... but BJP is polarizing
You hold "Free Kashmir" placards.

... but BJP is polarizing

You warn H'indus in lieu of 25 cr M'uzlims.

... but BJP is polarizing

You ask for Economic boycott of H'indus.

... but BJP is polarizing

You say Indian Army is killing own people.

... but BJP is polarizing
Read 4 tweets
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Avinash Srivastava
@go4avinash
#Professional_Educational_Institutes #India
🏫 Indian Institute of Technology (IIT's)

Before 1998 (51 Years) : 6
Atal Bihari Vajpayee (6 Years) : 1
UPA1 + UPA2 (10 Years) : 9
Modi Government (5 Years) : 7

#Professional_Educational_Institutes
🏛 Indian Institute of Management (IIM's)

Before 1998 (51 Years) : 6
Atal Bihari Vajpayee (6 Years) : 0
UPA1 + UPA2 (10 Years) : 7
Modi Government (5 Years) : 7

#Professional_Educational_Institutes
Read 7 tweets

Related threads

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Nirav Kanodra
@niravstoons
After the news of Yes Bank's AT1 Bonds going to zero a thread on Capital Structure of a Bank (any typical Bank)

cc @teasri @deepakshenoy @andymukherjee70 @IndradeepKhan @RajeevthePawar
(#FF all above handles for Indian Finance)
Any Bank is an extremely leveraged entity.
It has source of funds -> Equity Investment, and Debt (in simplest of cases from retail deposits)
Use of funds -> lends out to different borrowers.

Banks have 2 main functions
- Creating Credit (lending money)
- Creating Duration
Simplest Example
Bank A has $10 of Equity Capital (10 share holders of 1$ each)
Has $90 of Depositors (90 retail depositors depositing $1 each) and with this $100 it has made loans to 100 different customers of $1 each.

This bank seems very well diversified on both sides.
Read 23 tweets
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Ravi
@dtytrivedi
@MadhuKT @pmswipro @NARAYANRAO12 @sanjaymalhot @sardesairajdeep let me reply with written reply given in parliament regarding NPAs in my subsequent tweets
@MadhuKT @pmswipro @NARAYANRAO12 @sanjaymalhot @sardesairajdeep Gross advances of SCBs increased from Rs 23,33,823 cr as on 31/03/08 to Rs 61,00,848 cr as on 31/03/14 as per RBI.
RBI: Aggressive lending practices, wilful default /loan frauds/ corruption in come cases and economic slowdown were the prime reason for spurt in stressed assets
@MadhuKT @pmswipro @NARAYANRAO12 @sanjaymalhot @sardesairajdeep Watch the word AQR (asset Quality review) in the repy
Read 5 tweets
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Rajeev Pawar
@RajeevthePawar
India MPC - Initial thoughts
1. No cut was a surprise. I had gone in with 35!
2. Looks like the RBI listened to the market which has been saying that further cuts will not help revive growth.
3. Clearly RBI is satisfied with transmission - 137 in call money and 218 in CPs! /1
India MPC - Initial thoughts
Contd.

4. Inflation per RBI seems a much greater risk than the market sees it. H2 revision from 3.5-3.7 to 4.7-5.1 is massive!
5. Growth revised down from 6.1 to 5 but there is belief that whatever the govt is doing to revive growth is /will work /2
India MPC - Initial thoughts
contd

Bonds have expectedly sold off more than 10 bps. Expect 10 yr to settle around 6.50%. Rupee seems unchanged at 71.57 and Nifty is holding above 12k.
/3
Read 4 tweets
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शिक्षित बेरोज़गार
@kaul_vivek
A small thread on bad loans of banks.
The bad loans of banks fell from Rs 10.36 lakh crore as of March 31, 2018 to Rs 9.49 lakh crore as of March 31, 2019.
Bad loans are largely loans which haven't been repaid for 90 days or more.
While banks and bankers may want to take credit for this, it is important to understand why this happened.
The simple answer is the way accounting for bad loans works.
Once a bad loan has been a bad loan for four years (one year as a substandard asset and three years as a doubtful asset), 100% provisioning of the loan has happened.
At the end of four years, the loan is written off. This means it is dropped from the balance sheet of the bank.
Read 15 tweets
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Chowkidar Ashu
@muglikar_
Thread on Congress treachery
1. Gross loans of Public sector banks increased from Rs. 18,19,074 crore as on 31.3.2008 to Rs. 52,15,920 crore as on 31.3.2014.

2. During this time machine manufacturers got loans to setup hotels and hotel owners got loans to setup airports
3. It was golden period for take a loan mela based on exaggerated project reports, divery funds buy yachts and villas in foreign locations, call them co guest house and chill with your friends etc.

4. Ppl have done the above and any person with slight touch with banking will tel
5. There were various "schemes" officially under RBI rules which could be used to "roll over" loans so that they are not declared "bad".

6. Eg in simple terms: if you are not able to pay EMI, imagine the bank giving you further loan to pay up interest. Or changing term itself
Read 15 tweets
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Shashank Goyal
@ShashankGoyal01
1
Thread on how Insolvency and Bankruptcy Code (IBC), one of Modi govt's landmark fin reforms revived India's banking system by recovering a mountain of bad loans left by UPA govt

2015: RBI conducted AQR (Asset Quality Review) of large borrower accounts

thehindu.com/business/Indus…
2
2015: Outcome of AQR

Most banks were hiding bad assets under the practice of "forbearance" AQR overrode such accounting methods & helped determine the accurate level of bad loans

True NPA level shot up from INR 2.78 lakh crore to INR 9.5 lakh crore

financialexpress.com/economy/dramat…
3
Understand the enormity - INR 10 lakh crores (US $150 billion) is larger than the GDP of 130 countries

This amount was stuck with corporate borrowers, not returning to banks, thus making capital unavailable for other growing businesses and impeding India’s economic growth
Read 12 tweets

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