Sunday, May 19, 2024 | Last Update : 04:49 AM IST

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Jaitley defends loan write-offs; says they don't lead to waiver

The country's 21 state-owned banks wrote-off Rs 3.16 lakh crore of loans in four years of the BJP govt.

02 Oct 2018 9:16 AM

PM Modi blames Congress for bad loan mess, vows recovery

Launches India Post Payments Bank with network of 1.55 Lakh branches.

02 Sep 2018 4:46 AM

PNB eyes IBC route for Rs 6,000 crore power NPA recovery

PNB will go for the NCLT route of recovery rather than debt restructuring with companies.

29 Aug 2018 9:22 AM

Govt, banks may have to float USD 9 billion AMC/ARC

The government will have to infuse $26.5 billion into the state-run banks (excluding SBI) in FY19-20.

29 Aug 2018 8:35 AM

IDBI Bank Q1 loss widens to Rs 2,410 crore

IDBI Bank posted a loss of Rs 853 crore in the April-June quarter of last fiscal, 2017-18.

14 Aug 2018 4:12 PM


SBI eyes return to profitability in third-quarter

SBI’s gross non-performing loans eased quarter on quarter to 2.13 trillion rupees by the end of June.

11 Aug 2018 10:13 AM

ICICI Bank shares soar nearly 9 pc; m-cap rises by Rs 9,519 crore

Buying was also seen in other bank stocks, with Axis Bank surging 3.86 per cent and SBI rising 2.53 per cent on BSE.

09 Aug 2018 6:33 PM

Provision against bad loans to remain elevated in FY'19: ICICI Bank

The bank made a provision of Rs 17,307 crore against bad loans in 2017-18 as against Rs 15,208 crore.

31 Jul 2018 4:13 PM

Axis Bank shares down 2.5 per cent after Q1 results

The bank had registered a net profit of Rs 1,306 crore in the June quarter of 2017-18.

31 Jul 2018 1:03 PM

RBI lists 240 new accounts for NPA tag

List of NPAs could be released in September quarter because a new bunch of NPAs are being reported.

31 Jul 2018 8:58 AM


Axis Bank Q1 profit slips 46 per cent to Rs 701 crore

In absolute terms, gross NPAs rose at Rs 32,662.40 crore as on June 30, 2018 compared to Rs 22,030.87 crore a year earlier.

30 Jul 2018 7:19 PM

Bank of Baroda net profit up over two-times at Rs 528 crore

The bank had reported a net profit of Rs 203.39 crore in the same quarter of 2017-18.

28 Jul 2018 2:15 PM

ICICI Bank posts first ever loss since listing in 2001 on bad loans

Gross bad loans as a percentage of total loans was 8.81 per cent.

28 Jul 2018 1:52 PM

‘RBI has broad powers to address banking issues’

Powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks.

25 Jul 2018 8:46 AM

Fund infusion may not help much, say bankers

Centre infused Rs 1.29 lakh crore as capital into the banking system.

20 Jul 2018 9:19 AM


Kotak Mahindra Bank Q1 net profit up 12 per cent to Rs 1,025 crore

The bank's net profit stood at Rs 912.73 crore in the corresponding period of 2017-18.

19 Jul 2018 2:39 PM

Finance ministry likely to infuse about Rs 10,000 cr in PSU banks

The sources said that capital infusion may take place this week itself or latest by next week.

17 Jul 2018 3:16 PM

PNB's NPA recovery in first quarter tops FY 2018 level

The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank.

15 Jul 2018 3:48 PM

Banks finalise inter-creditor agreement to resolve NPAs

Inter-creditor agreement will be a legal document and enforceable in any court of law.

06 Jul 2018 10:38 AM

PNB to shutter most operations at fraud-hit Mumbai branch, say sources

India’s second-largest state lender seeks to tighten controls and restore its reputation.

03 Jul 2018 5:48 PM