The bad loans problem, driven largely by infrastructure sectors including power.
03 Jul 2018 9:16 AM
Finance minister Piyush Goyal said that the plan focuses on turning around assets in a manner that will not lead to job losses.
03 Jul 2018 6:21 AM
The deal is expected to provide business synergies despite the lender's stressed balance sheet.
27 Jun 2018 1:06 PM
Top officials of the banks made presentations before the panel and responded to queries.
27 Jun 2018 3:13 AM
The recent tight prudential norms released by RBI on February 12 have added to the NPA woes.
15 Jun 2018 5:15 PM
The lender's gross non-performing assets or bad loans as on March 31, 2018, reached Rs 2.23 lakh crore.
10 Jun 2018 12:58 PM
Asset quality of the bank worsened as gross non-performing assets or bad loans surged.
04 Jun 2018 2:09 PM
Moody's Investors Service had last month downgraded PNB's rating citing impact of the recent USD 2 billion fraud.
01 Jun 2018 6:49 PM
Shares of Indian Overseas Bank were trading 2.40 per cent lower at Rs 16.25 apiece on BSE.
30 May 2018 9:55 AM
The gross non-performing assets (NPAs) hit 16.58 per cent of the gross advances, as against 13.22 per cent by end March 2017.
28 May 2018 6:35 PM
Tata Steel said Rs 1,200 crore will be paid to operational creditors of BSL over a period of 12 months.
22 May 2018 7:40 PM
The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.
22 May 2018 2:32 PM
The bank had posted a net profit of Rs 103.84 crore in the corresponding January-March quarter of 2016-17.
16 May 2018 5:05 PM
The bank had reported a staggering standalone profit of Rs 261.90 crore in the fourth quarter of 2016-17.
15 May 2018 4:02 PM
Karpe and Ravi cease to be independent directors of IDBI Bank with effect from May 11 and May 12 respectively.
15 May 2018 1:52 PM
The bank's net profit during January-March, 2016-17 stood at Rs 75.54 crore.
14 May 2018 4:13 PM
Twenty one banks majority owned by New Delhi account for bulk of India’s bad loans.
11 May 2018 12:04 PM
Gross bad loans as a percentage of total loans dropped to 2.22 per cent by end-March.
30 Apr 2018 3:31 PM
Also for the entire fiscal 2017-18, the bank's a net profit fell by 92.5 per cent to Rs 275.68 crore.
26 Apr 2018 7:24 PM
PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.
25 Apr 2018 3:53 PM