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New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's default as NPA.

06 Jun 2019 1:18 PM

Allahabad Bank hopes to return in black in Q1, gets board nod for Rs 4,000 cr fund raise

During the fiscal, total reduction in NPA accounts stood at Rs 8,584.33 crore.

05 Jun 2019 1:35 PM

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM

Bank of Baroda narrows Q4 loss to Rs 991 cr, NPA provisions at Rs 5,550 cr

Compared sequentially, there was a net profit of Rs 471.25 crore during the third quarter ended December 2018.

23 May 2019 9:00 AM

Panagariya recommends aggressive privatisation of public sector undertakings in India

Among the longer-term reforms, Panagariya recommended reform of labour laws.

21 May 2019 11:50 AM


Imminent crisis in NBFC sector: Corporate Affairs Secy

The financial system has been grappling with multiple woes in the wake of the turmoil at IL&FS group.

12 May 2019 5:09 PM

SBI reports net profit of Rs 838 cr Mar 2019 quarter; trims bad loan ratio

The state-owned lender had witnessed a net loss of Rs 7,718.17 crore during corresponding January-March quarter 2017-18.

10 May 2019 2:43 PM

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

NCLAT has observed that lenders must not withdraw support until a resolution is found of the IL&FS and its group companies.

02 May 2019 4:55 PM

Bandhan Bank Q4 net rises 67 pc at Rs 650.87 crore

Net profit for the whole financial year 2018-19 increased 45 per cent y-o-y at Rs 1951.50 crore.

02 May 2019 4:46 PM

Yes Bank shares dive 30 per cent on Q4 loss

The bank reported a loss of Rs 1,506.64 crore for fourth quarter ended March 31, owing to rise in provisioning for bad loans.

30 Apr 2019 1:16 PM


Yes Bank posts loss of Rs 1,506 crore in March quarter

Despite the losses in the quarter, the bank board recommended a dividend of Rs 2 a share.

29 Apr 2019 12:37 PM

RBI's revised guidelines for resolution of stressed assets likely before May 23

RBI is in very advanced stage and revised circular should be out before declaration of general elections result.

28 Apr 2019 2:59 PM

Stressed assets resolution: RBI mulls giving 60 days additional time for repayments

Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.

25 Apr 2019 7:54 PM

RBI asks banks to disclose IL&FS provisions in Q4 accounts

RBI has asked banks to disclose the IL&FS and group entities exposure in the notes to accounts in a standard proforma.

25 Apr 2019 9:02 AM

Ban inclusion of loan waivers in poll manifestos: Petitioner seeks SC's intervention

The petition has been listed for hearing on April 22 before a bench headed by Justice S A Bobde.

18 Apr 2019 1:44 PM


Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

NCLAT also took on record the information provided by IL&FS about the four amber listed group companies.

17 Apr 2019 8:53 AM

India needs to bolster level of capitalisation of government-owned banks: IMF

The level of non-performing loans (NPLs) in India remains high.

11 Apr 2019 10:21 AM

SBI invites EoI to sell two dud accounts to recover Rs 423 crore

The e-auction for the NPA accounts -- Kamachi Industries and SNS Starch --is scheduled for April 25, 2019.

08 Apr 2019 2:56 PM

Govt, RBI will have to bring new rules: Kant on SC order on NPA circular

The ruling came on a petition filed by 34 power companies which alone owe Rs 2.3 lakh crore to banks.

03 Apr 2019 2:22 PM

Rs 3 trillion investment in pvt power plants at risk of turning into NPA

Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.

24 Mar 2019 3:05 PM