NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm.
18 Apr 2018 4:54 PM
The process of resolution of the companies under Insolvency and Bankruptcy Code (IBC) reference would gather pace in the coming months.
15 Apr 2018 3:06 PM
Gitanjali Gems group have turned bad during the quarter ended March 31.
15 Apr 2018 1:41 PM
The amount involved in such defaults for PSBs is reported to be Rs 1,10,050 crore.
05 Apr 2018 2:00 PM
Report says $53bn out of $178bn loans to the power sector are already stressed.
05 Apr 2018 4:51 AM
Patel also flagged the issue of rising bad loans (NPA) saying that the problems needs immediate attention.
15 Mar 2018 10:35 AM
The highest amount of gross NPAs was for country's largest lender SBI at Rs 2,01,560 crore.
10 Mar 2018 11:56 AM
The new framework's overall focus is on recognising and quickly resolving bad loans.
22 Feb 2018 3:27 PM
PSBs had a weaker performance on various indicators, including key parameter of NPAs and also profitability.
13 Feb 2018 5:26 PM
PSBs are faced with mounting NPAs or bad loans, putting the financial sector under stress.
12 Feb 2018 12:01 PM
Online loan sanctioning facilities for MSMEs will be revamped for prompt decision-making by banks.
07 Feb 2018 11:52 AM
Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by govt.
25 Jan 2018 10:05 AM
During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.
24 Jan 2018 5:02 PM
Net profit came in at 1.26 billion rupees for quarter ended Dec 31, compared with 3.22 billion rupees a year ago.
24 Jan 2018 4:37 PM
Interest earned by the bank jumped about 16 per cent in the quarter to 42.87 billion rupees.
11 Jan 2018 2:28 PM
Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.
04 Jan 2018 11:14 AM
The defaults of a few big borrowers amount to over 70 per cent of bad loans, according to the All-India Bank Employees Association.
28 Dec 2017 1:23 AM
Banks will also have to make a provision of 50 per cent on these accounts by March 2018.
13 Dec 2017 1:36 PM
Lenders started reporting divergences since this June for having under-reported NPAs in FY16.
06 Dec 2017 4:23 PM
Gross bad loans as a percentage of total loans stood at 7.87 per cent at end-September.
27 Oct 2017 5:18 PM