Banking Sector | The Asian Age

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NPLs have increased at an alarming rate in recent years, with the current NPL slippage ratio in India almost double that in FY 2014-15 (IMF 2017b).

India growth has slowed due to structural economic reforms: US

RBI predicts that gross NPLs as a proportion of all loans will increase to 10.8 per cent in first quarter of 2018.

22 Feb 2018 1:46 PM

Banks will need to mobilise additional deposits as the credit deposit ratio has increased to 74.6 per cent as on January 5, 2018. (Photo: PTI)

Banks seen increasing deposit rates in near term: Icra

Govt under recapitalisation programme will improve ability of PSBs to pursue credit growth in coming months.

30 Jan 2018 4:21 PM

The total recapitalisation planned is Rs 2,10,000 crore. (Photo: PTI)

More power to banks

However, the government would do well to provide funds predicated on the performance of the banks so that good money does not chase bad money.

27 Jan 2018 4:25 AM

State Bank of India shares were down 2.7 per cent, Punjab National Bank was down 3.5 per cent while Bank of Baroda was down 3.6 per cent. (Representational Image)

Shares in large Indian state-run banks fall as recapitalisation plan disappoints

Govt pledged to inject nearly USD 14 billion combined into all but one state-run lender by March.

25 Jan 2018 11:32 AM

Minister of State for Finance Shiv Pratap Shukla had said in Parliament earlier that GNPAs of banks crossed Rs 8.5 lakh crore at the end of September 2017.

NPAs to rise to Rs 9.5 lakh crore by March-end: report

Growth of ARCs is expected to come down significantly owing to capital constraints.

22 Jan 2018 3:27 PM

The RBI's internal advisory committee identified 12 large stressed cases worth over Rs 5,000 crore, accounting to 25 per cent (Rs 1.75 lakh crore) of total gross non-performing assets.

Govt to push ahead with banking reforms in New Year

Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.

28 Dec 2017 11:15 AM

Finance Minister Arun Jaitley. (Photo: PTI)

Cabinet approves India's membership for EBRD

EBRD's core operations pertain to private sector development in their countries of operation.

22 Nov 2017 5:08 PM

Investors are drawn by returns of 8.5-9.5 per cent compared with bank fixed deposit rates of around 6.5 per cent. (Photo: PTI).

Indian corporates find saviour in bonds as loans dry up

Banks are grappling with $145 billion in stressed loans and are leery of extending more credit to the corporate sector.

16 Nov 2017 4:20 PM

Deposits, which came into the banking sector, left banks with trillions of rupees in surplus funds, leading to an overall decline in money market rates. (Photo: PTI/File)

A year on, bankers say note ban has been good for them

RBI in June said as much as 99.1 per cent of the junked bills had returned to the banking system.

06 Nov 2017 8:33 PM

Banking sector led the market higher on expectations over FM's announcement on recapitalisation plans for PSU banks. (Photo: PTI/File)

Bank stocks surge up to 7 pc ahead of capital infusion plan

NPAs of banks have increased from Rs 2.75 lakh crore in March 2015 to Rs 7.33 lakh crore as on June 2017.

24 Oct 2017 8:18 PM

Banks are already saddled with NPAs of over Rs 8 lakh crore and there seems to be no respite from the mounting bad loans.

Banking sector stares at additional Rs 40,000 crore NPAs

Total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

22 Oct 2017 12:32 PM

Country's growth is expected to accelerate in the medium-term as temporary disruptions due to demonetisation and GST. (Photo: AFP)

India should prioritise public banking sector reforms: IMF

Current account deficit should remain modest, financed by robust foreign direct investment inflows.

13 Oct 2017 8:30 PM

RBI has identified 12 large NPA accounts constituting 25 per cent or about Rs 2 lakh crore of the total pie.

NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 4:30 PM

Finance Minister Arun Jaitley has said the Indian government is working on a plan to rebuild the capacity of the banking sector. (Photo: PTI)

Indian govt working on revival of banking sector: Jaitley

Finance Minister Arun Jaitley said that he inherited a banking system whose monies were lying in non-performing assets.

12 Oct 2017 12:50 PM

As per the Reserve Bank direction, the Basel III capital regulation is being implemented from April 1, 2013 in India in phases.

India may delay implementation of Basel III norms: SBI report

Indian banking sector needs some time to assimilate the impact of past three structural changes before facing the new ones.

11 Oct 2017 3:06 PM

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

Govt adviser says consolidation may lead to 10-15 state banks

The government may cut its stakes in state-run banks to 52 per cent.

06 Oct 2017 11:07 AM

Bank unions have also demanded the government should reimburse them the cost of demonetisation. (Photo: Representational/PTI).

PSU banks hint strike on Tuesday against 'consolidation'

Operations at private lenders like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal.

21 Aug 2017 11:19 AM

Banking Ombudsman can now slap Rs 20 lakh fine

Banks could be penalised for mis-selling third-party products like insurance and mutual funds via e-banking.

24 Jun 2017 9:28 AM

IAC recommended for IBC reference of all accounts with fund and non-fund based outstanding amount greater than Rs 5,000 cr.

NPA resolution: PMO takes stock of progress

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh cr is on the books of PSBs.

19 Jun 2017 7:11 PM

Loan defaulters: IDBI starts insolvency proceedings against Lanco Infratech

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

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Syed Ata Hasnain