Tuesday, Oct 20, 2020 | Last Update : 05:30 PM IST

195th Day Of Lockdown

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bad loans

India's largest bank SBI net profit up 81% to ₹4,189 crore in Q1

Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year

31 Jul 2020 3:19 PM

Carmakers tie-up with banks to offer low interest rate schemes to attract customers

So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week

02 Jun 2020 4:16 PM

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

Rahul Gandhi rakes up bad loans issue in Lok Sabha

Gandhi asked the government to name wilful bank loan defaulters, but was not allowed another supplementary question

16 Mar 2020 2:24 PM

Nearly 3 per cent of Mudra loans turn into bad loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

03 Dec 2019 4:21 PM

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DHFL, Altico default on payments

Altico added its total borrowing from banks and financial institutions is Rs 4,361.55 crore as on September 12, 2019.

13 Sep 2019 9:12 AM

PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

09 Sep 2019 10:06 AM

IDBI Bank shares tank over 12 per cent after Q1 earnings

The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.

16 Aug 2019 1:50 PM

IL&FS may not have disclosed bad loans for years: RBI report

The Indian government took control of IL&FS late last year after it defaulted on some of its debt.

15 Aug 2019 9:39 AM

PSBs' bad loans have declined by over Rs 89,000 crore till March: Govt

Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46 lakh cr by the govt.

26 Jul 2019 10:13 AM

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Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman

Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.

16 Jul 2019 4:08 PM

SBI puts up for sale two NPA accounts to recover dues of Rs 309 crore

The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.

12 Jul 2019 9:34 AM

A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.

04 Jul 2019 1:37 PM

Economic Survey: Banking sector performance improved due to fall in bad loans in 2019

The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated.

04 Jul 2019 1:06 PM

Wilful defaults in India cross USD 21 billion in 2018-19

As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.

03 Jul 2019 9:37 AM

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Amount involved in bank frauds of above Rs 1 lakh on decline

The amount involved in such frauds in 2017-18 and 2018-19 stood at Rs 9,866 crore and Rs 6,735 crore

25 Jun 2019 7:06 PM

Gross NPAs of banks may reduce to 8 per cent by March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.

25 Jun 2019 4:00 PM

RBI sets new stressed assets norms

Lenders get 180 days to resolve default under new framework.

08 Jun 2019 1:39 AM

Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19

Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.

25 May 2019 1:12 PM

IBC process helps recover Rs 70,000 cr bad loans in FY19: Report

The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.

15 May 2019 8:49 AM

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