Non-performing Assets | The Asian Age

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The ordinance aims at putting in place safeguards to prevent unscrupulous persons from misusing or vitiating the provisions of the Code.

Wilful defaulters barred from bidding under insolvency law

Over 300 cases have already been approved by NCLT to be taken up under the law.

23 Nov 2017 4:42 PM

Total income of the lender also increased to Rs 5,395.92 crore during the quarter under review, as against Rs 4,439.72 crore.

IndusInd Bank Q2 profit rises 25 per cent to Rs 880 crore

Bank had a net profit of Rs 704.26 crore in the July-September quarter of the last fiscal.

12 Oct 2017 2:35 PM

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 10:27 AM

Merged entity began operation with deposit base of more than Rs 26 lakh crore and advances level of Rs 18.50 lakh crore.

'Govt ready to provide capital support for PSU banks' merger'

State-owned banks are grappling with Rs 6 lakh crore worth of non-performing assets or bad loans.

27 Aug 2017 2:12 PM

RBI had identified 12 accounts each having more than Rs 5,000 crore of outstanding loans and accounting for 25 per cent of total NPAs of banks.

Govt notifies changes in Banking Regulation Act

The banking sector is saddled with NPAs of over Rs 8 lakh crore of which Rs 6 lakh crore PSBs.

27 Aug 2017 2:06 PM

The appointments of top officials to solve many problems faced by nationalised banks. (Photo: PTI/File)

No more lobbying in public sector bank appointments: Govt

Two big issues that Indian public sector banks grapple with are high NPAs and inadequate systemic safeguards.

17 Aug 2017 3:43 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Govt has not written off single rupee of corporate loans: Jaitley

Total outstanding gross NPAs of agriculture and allied activities stood at Rs 62,307 crore.

11 Aug 2017 3:14 PM

Net NPAs rose to 4.86 per cent of the net loans from 3.01 per cent a year earlier.

ICICI Bank shares dip 3 per cent after Q1 results

Bank's net profit in the corresponding April-June quarter of 2016-17 stood at Rs 2,515.85 crore.

28 Jul 2017 12:22 PM

RBI Deputy Governor Viral Acharya. (Photo: YouTube screengrab)

Cleaning of banks' balance sheet top priority: Viral Acharya

Banks are saddled with non-performing assets (NPAs) of over Rs 7 lakh crore.

22 Jul 2017 4:37 PM

Shares of the bank were trading 0.48 per cent up at Rs 999.50 on BSE.

Indian Bank Q1 profit rises 21 per cent to Rs 372 crore

Chennai-based bank had standalone net profit of Rs 307.35 crore in April-June quarter of 2016-17.

21 Jul 2017 1:03 PM

NPAs identified by RBI exceed 15 per cent of the incremental gross NPAs for the reference period.

Sebi asks banks to make additional disclosure on loans

Move will help banks to recognise their stressed assets as non-performing more uniformly.

18 Jul 2017 7:21 PM

The gross NPAs of the banking sector were at about Rs 7.28 lakh crore.

RBI not reviewing 90-day NPA classification window: Govt

Gross of NPAs of the public sector banks totalled more than Rs 6.41 lakh crore at March end.

18 Jul 2017 4:36 PM

HFCs operating in the affordable housing space, with a total portfolio of Rs 1.2 trillion. (Photo: AP)

Housing credit growth slows to 16 pc in FY17: Icra

Icra expects HFCs' gross NPAs to remain range-bound between 0.9-1.3 pc in the current financial year.

20 Jun 2017 5:33 PM

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

RBI is likely to spell out detailed measures to rein in NPAs and share a possible timeline to bring them down to the acceptable level.

NPA resolution: PMO to review progress on June 19

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

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

For the fiscal ended March 2017, the bank reported a net loss of Rs 2,439 crore, against a loss of Rs 1,418 crore in 2015-16.

Central Bank shares down 4 pc after RBI move

Net non-performing assets also jumped to 10.20 per cent of net advances for the fiscal from 7.36 per cent year ago.

15 Jun 2017 1:04 PM

ASSOCHAM urges govt to resolve NPA issue

ASSOCHAM president also urged that the NPA norms on getting the account classified under NPA category for core sectors should be extended.

08 Jun 2017 7:03 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

Jaitley to review NPAs issue with banks on June 12

Non-performing assets (NPAs) of public sector banks (PSBs) have gone past the Rs 6 lakh crore mark.

26 May 2017 6:24 PM

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Dilip Cherian