npa
SBI to auction Rs 2,338 cr worth NPAs on March 26
SBI said except Mittal Corp and Shree Vaishnav, other auctions will be conducted under the Swiss Challenge method on March 26.
Law can't be 'blind', shouldn't treat every default as NPA: Goyal to RBI
Sections of the industry have moved Supreme Court for special treatment to power sector when it comes to classification of NPAs.
Over Rs 2 lakh crorebad loans settled, says govt offical
Injeti Srinivas was speaking at the inaugural session of a three-day international conference on 'Insolvency and Bankruptcy Laws'.
IBC brought back Rs 3 lakh crore into banking system: Jaitley
On the issue of non-performing assets (NPAs), he said the curve is going down.
Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in 2018: Study
The bank's net profit rose 7.12 per cent to Rs 247 crore in the three months to December 2018.
Kotak ties up with ADIA for USD 600 mn distressed assets fund
ADIA has committed USD 500 million for the special situations fund, while Kotak will invest the remaining.
Govt keen on merger of PSBs to create globally competitive, healthy large banks: Jaitley
Reserve Bank insisted that banks should provision for all stressed assets so that only sound banks survive.
Fund infusion into PSBs not sufficient to support lending growth: Fitch
Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.
RBI proposes variable pay for bank CEOs
As part of new proposals, RBI is also suggesting quantitative and qualitative criteria is for identification of ‘Material Risk Takers.
Lot of headway being made in IL&FS matter, says corp affairs secy
The first phase of resolution for problems faced by IL&FS group is expected to be completed in the next few months.