Friday, Apr 26, 2024 | Last Update : 01:42 AM IST
bad loans Page-8
RBI to unveil framework on NPAs ordinance in 15 days
Framework would include creation of a separate cell to identify issues pertaining to NPAs.
22 May 2017 3:28 PM
Bank of India suffers losses in fourth quarter
The state-owned bank suffered net loss to Rs 1,045.54 crore in the fourth quarter of last fiscal.
22 May 2017 2:26 PM
SBI Q4 profit more than doubles as bad loan ratio narrows
Analysts on average had expected a net profit of 28.33 billion rupees for the lender.
19 May 2017 1:01 PM
Need surgery for NPA resolution, says bank officers' union
Govt issued an ordinance which empowers the RBI to ask banks to initiate insolvency proceedings to recover bad loans.
17 May 2017 9:37 AM
India praised for measures taken against NPAs: Fitch
A week after promulgation of ordinance, RBI Governor Urjit Patel met senior finance ministry officials to discuss operational issues.
13 May 2017 12:17 AM
IDBI Bank on RBI's radar for bad loans
RBI may also impose restrictions on the bank on borrowings from interbank market.
10 May 2017 2:01 PM
Industry body sugges creation of Stressed Assets Fund
Assocham suggested creation of a Stress Asset Fund to help revive assets under high leverage.
07 May 2017 12:03 PM
RBI gets more teeth to resolve banks' NPA woes; acts quickly
RBI made substantial changes in the norms and also warned banks of monetary penalty for missing NPA resolution timelines.
06 May 2017 12:50 PM
Chandha Kochhar lauds new Banking Regulation Act
Kochhar says new stressed assets rules will help lenders solve problem in a time-bound manner.
06 May 2017 12:42 PM
7 PSU banks get new heads; MDs of PNB, BoI shifted
Toxic loans of public sector banks rose by over Rs 1 lakh crore to Rs 6.06 lakh crore during April-Dec 2016-17.
06 May 2017 11:26 AM
RBI given more powers to tackle NPAs: Arun Jaitley
President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.
05 May 2017 6:05 PM
Narendra Modi govt notifies new Banking Regulation Act
RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.
05 May 2017 5:53 PM
Bad loans ordinance: RBI gets powers for 'clean banks'
With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.
05 May 2017 3:10 PM
President Mukherjee clears ordinance on Non-Performing Assets
Ordinance will give greater powers to the Reserve Bank of India to tackle mounting bad loans
05 May 2017 10:06 AM
President likely to promulgate banking ordinance today
Banks are in a sweet spot due to a new framework to deal with NPAs and better quarterly results.
05 May 2017 9:50 AM
How RBI, banks will tackle Rs 6 lakh crore NPAs
Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.
04 May 2017 4:53 PM
India to clock 7.1 per cent GDP this year: UN report
Inflation is projected to reach 5.3-5.5 per cent in 2017 and 2018.
02 May 2017 1:16 PM
Indian Bank Q4 Net up over 3-fold on lower bad loan provision
Total income in the reported quarter increased marginally to Rs 4,601.89 crore against Rs 4,522.73 crore.
25 Apr 2017 5:04 PM
HDFC bank reports Rs 3,990 cr profit in March quarter
Second largest private sector lender posted a net profit of Rs 3,374 crore in Jan-March last year.
21 Apr 2017 2:15 PM
Govt to help banks resolve Rs 6 lakh cr bad loans
Govt may bring in amendment in Banking Regulation Act or issue an ordinance to empower RBI.
04 Apr 2017 2:30 PM
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