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Finance ministry asks banks to closely monitor top 20 large insolvency cases

The New Indian Express Kochi

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December 13, 2024

FINANCE ministry has asked the public sector banks to closely monitor the top 20 large cases of defaults that are undergoing insolvency proceedings.

- ENS ECONOMIC BUREAU @ New Delhi

Finance ministry asks banks to closely monitor top 20 large insolvency cases

In a review meeting chaired by M Nagaraju, secretary, Department of Financial Services (DFS), held on Thursday, banks were advised to ensure active monitoring of top 20 cases of banks at the managing director level, with all proceedings to be attended by senior officials not below the rank of general manager.

The New Indian Express Kochi से और कहानियाँ

The New Indian Express Kochi

The New Indian Express Kochi

Police post built with stones thrown at cops during Sambhal clash opens

A newly constructed police post was inaugurated on Friday, just 100 metres away from the residences of Samajwadi Party’s Sambhal MP Zia-ur-Rahman Barg.

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1 mins

December 13, 2025

The New Indian Express Kochi

The New Indian Express Kochi

MNREGA gets new name, 125 days of employment

SETTING the stage for a major overhaul of the country’s flagship rural jobs scheme, the Union Cabinet on Friday approved the renaming of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Pujya Bapu Gramin Rozgar Yojana.

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1 mins

December 13, 2025

The New Indian Express Kochi

CM says rehab new path for social integration in C’garh

TEN cadres of the banned CPI (Maoist) surrendered before the police in Chhattisgarh’s Sukma on Friday, choosing to step away from violence and return to the mainstream.

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1 mins

December 13, 2025

The New Indian Express Kochi

Cabinet clears 100% FDI in insurance

THE Union Cabinet on Friday approved a proposal to raise the foreign direct investment (FDI) limit in insurance firms from 74% to 100%, and usher in a set of structural reforms to strengthen the sector.

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1 min

December 13, 2025

The New Indian Express Kochi

MahaYuti stays united, seals Maha seat deal for BMC polls

THE BJP and the Eknath Shinde-led Shiv Sena are set to contest the Brihanmumbai Municipal Corporation (BMC) elections—scheduled for next month—unitedly.

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1 min

December 13, 2025

The New Indian Express Kochi

DGCA acts on IndiGo fiasco, suspends four inspectors

THE Directorate General of Civil Aviation (DGCA) has held four of its Flight Operations Inspectors (FOIs) responsible for the IndiGo chaos, and has suspended them.

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1 min

December 13, 2025

The New Indian Express Kochi

OUTFOXING AI, FOR BETTER OR VERSE

A paper on ar Xiv by researchers at the Icaro Lab in Italy has set off a firestorm of headlines.

time to read

3 mins

December 13, 2025

The New Indian Express Kochi

The New Indian Express Kochi

Minister, scholar, LS speaker: Multi-faceted Shivraj Patil passes away

FORMER Union Home Minister Shivraj Patil Chakurkar passed away at 90 on Friday morning at his native Latur in Maharashtra after a brief illness.

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1 mins

December 13, 2025

The New Indian Express Kochi

Khaleda Zia on ventilator as breathing issues worsen

FORMER

time to read

1 min

December 13, 2025

The New Indian Express Kochi

Ops to hunt terrorists in Jammu forests

AFTER a series of encounters and brief gunfights in the forest belts of Jammu region in the last six months, security forces have launched a major winter offensive to track down militants hiding in the dense and rugged forest areas.

time to read

1 min

December 13, 2025

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