non-performing assets
New rules to boost NPAs
According to data compiled by ICRA for around 50 large borrowers having banking exposure of Rs 2,000 crore or more and will need resolution.
RBI's new norms to speed up resolution of stressed assets
Gross NPAs of public sector and private sector banks as on Sept 30, 2017 were Rs 7,33,974 cr, Rs 1,02,808 cr respectively.
SBI wrote off bad loans worth over Rs 20,000 cr last fiscal
PSBs are faced with mounting NPAs or bad loans, putting the financial sector under stress.
PSBs need Rs 2.06 trillion capital for 8-9 pc credit growth in FY19
The recapitalisation amount from the government will go towards sustaining the banks.
Govt to soon announce steps to tackle NPAs of MSMEs: Jaitley
MUDRA Yojana launched in April 2015 has led to a sanction of Rs 4.6 lakh crore in credit to some 10.38 lakh MUDRA loans.
Govt to infuse over Rs 88,000 crore in 20 public banks
During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.
Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore
Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.
NPAs to rise to Rs 9.5 lakh crore by March-end: report
Growth of ARCs is expected to come down significantly owing to capital constraints.
Financial bids for all 12 large NPA accounts by month-end: SBI
SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.
RBI puts Allahabad Bank under prompt corrective action
Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.