Tuesday, May 21, 2024 | Last Update : 07:24 AM IST

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India bankers panel suggests steps to tackle bad loans

The bad loans problem, driven largely by infrastructure sectors including power.

03 Jul 2018 9:16 AM

Govt unveils plan on bad loans that protects jobs

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

LIC may enter banking sector; eyes majority stake in IDBI Bank

The deal is expected to provide business synergies despite the lender's stressed balance sheet.

27 Jun 2018 1:06 PM

PSBs set 2020 as deadline to exit RBI’s PCA watch

Top officials of the banks made presentations before the panel and responded to queries.

27 Jun 2018 3:13 AM

NPA write-offs by public sector banks surge 140 pc over their losses

The recent tight prudential norms released by RBI on February 12 have added to the NPA woes.

15 Jun 2018 5:15 PM


SBI to auction 12 bad accounts this month to recover over Rs 1325 cr

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

Govt plans merger of four public sector banks to overcome losses

Asset quality of the bank worsened as gross non-performing assets or bad loans surged.

04 Jun 2018 2:09 PM

PNB pins hope on asset sale, IBC resolution to raise Rs 13,000 cr

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

Indian Overseas Bank's Q4 net loss widens to Rs 3,606.73 cr

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

Bank of India Q4 loss widens to about Rs 4,000 crore on bad loans

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


SBI biggest beneficiary of Bhushan Steel sale to Tatas

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

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

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

Syndicate Bank shares slump over 12 pc on weak Q4 earnings

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

Punjab National Bank posts biggest ever quarterly loss of Rs 13,417 cr

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

Two independent directors of IDBI Bank quit

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


South Indian Bank Q4 net profit jumps 51 pc at Rs 114 crore

The bank's net profit during January-March, 2016-17 stood at Rs 75.54 crore.

14 May 2018 4:13 PM

Union Bank of India sees improvement after USD 384 million loss

Twenty one banks majority owned by New Delhi account for bulk of India’s bad loans.

11 May 2018 12:04 PM

Kotak Mahindra Bank Q4 profit rises 15 per cent

Gross bad loans as a percentage of total loans dropped to 2.22 per cent by end-March.

30 Apr 2018 3:31 PM

Axis Bank posts net loss of Rs 2,189 cr in Q4

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 to hire detective agencies to locate untraceable borrowers

PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.

25 Apr 2018 3:53 PM