Banking Sector | The Asian Age

Wednesday, Apr 24, 2024 | Last Update : 03:27 AM IST

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Bankers to meet from Monday to decide on large loan defaulters

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 non-performing assets (NPAs) of over Rs 8 lakh crore, of which Rs 6 lakh crore is with public sector banks (PSBs).

'Essar, Bhushan Steel among 12 defaulters on insolvency list'

RBI identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 cr of outstanding loans..

17 Jun 2017 12:31 PM

RBI's moves are credit negative for banks because lower capital requirements will weaken banks protection from the housing sector.

Risk weights cut on home loans credit negative for banks: report

RBI lowered the risk weight for housing loans above Rs 75 lakh to 50 per cent from the earlier 75 per cent.

15 Jun 2017 3:25 PM

At 21.9 per cent of GDP in 2016, the government revenues were lower than the 26.1 per cent median for Moody's 'Baa'- rated sovereigns.

Reform measures to broaden tax base, cut debt: Moody's

GST will have a muted short-term impact, but its benefits will accrue over medium term.

01 Jun 2017 12:32 PM

This is how RBI will deal with $150-bn bad loans

Only two weeks ago, government gave central bank greater power to tame bad loans.

23 May 2017 10:44 AM

Dena Bank loss widens to Rs 575 crore as NPA rises

Bank had reported a loss of Rs 326.38 crore in same period of previous fiscal.

09 May 2017 5:21 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

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

RBI has limited or no powers when it comes to tackling bad loans.

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

Government takes decision on banking sector: Jaitley

Bad loans at Indian lenders hit a record $150 billion as of end-December.

04 May 2017 10:22 AM

Several investment-linked sectors such as real estate and capital goods continue to face headwinds. (Representational image)

Elevated NPA levels in banks to remain: Crisil

These trends would also reduce slippages to NPAs in the banking sector in fiscal 2018.

04 Apr 2017 12:15 AM

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Sanjeev Ahluwalia