SBI is lead banker to defaulters like Bhushan Steel, Essar Steel, Jyoti Structures Ltd and Electrosteel Steel.
14 Jul 2017 11:18 AM
Banks could be penalised for mis-selling third-party products like insurance and mutual funds via e-banking.
24 Jun 2017 9:28 AM
The reconstituted OC will work with an expanded mandate to review the restructuring of stressed assets.
22 Jun 2017 6:10 PM
RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.
19 Jun 2017 6:45 PM
Lanco Infratech is among the 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore.
19 Jun 2017 10:39 AM
Banks will meet to discuss six of the 12 accounts named by the RBI before referring accounts to the NCLT.
18 Jun 2017 3:08 PM
Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of PSBs.
17 Jun 2017 12:47 PM
Mundra said state-run lenders may need more capital beyond the budgeted total allocation of 700 billion rupees.
16 Jun 2017 1:19 PM
The central bank identified 12 accounts for insolvency proceedings with each having over Rs 5,000 crore of outstanding loans
14 Jun 2017 6:19 PM
Sanyal's comments came a day after the RBI revealed that it had identified 12 of the largest loan defaulters.
14 Jun 2017 11:34 AM
Each of them has over Rs 5,000 crore of outstanding loans, accounting for 25 per cent of total NPAs of banks.
14 Jun 2017 8:55 AM
Central bank collecting additional info to create a roadmap.
13 Jun 2017 3:05 AM
Public sector banks made a stable operating profit of Rs 1.5 lakh crore in 2016-17.
12 Jun 2017 1:59 PM
Currently, the PSBs are being faced with toxic loans of Rs 6.06 lakh crore during April-December 2016-17.
12 Jun 2017 11:11 AM
Meet assumes significance as it will be first after promulgation of ordinance amending Banking Regulation Act, 1949, last month.
09 Jun 2017 4:12 PM
RBI changed the consent required for approval of a proposal to 60 per cent by value instead of 75 per cent earlier.
07 Jun 2017 8:20 PM
SBI, India's biggest lender by assets, has shortlisted six banks to manage share sale.
03 Jun 2017 11:12 AM
High NPA levels also impact the capacity of the banking system to support growth.
01 Jun 2017 3:28 PM
Central bank sought views and suggestions of bank heads on how to tackle bad loan problem.
31 May 2017 10:34 AM
Only two weeks ago, government gave central bank greater power to tame bad loans.
23 May 2017 10:44 AM