Thursday, Mar 28, 2024 | Last Update : 11:27 PM IST

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Kotak Mahindra Bank Q2 profit rises nearly 15 per cent

Net profit rose to 11.42 billion rupees ($155.84 million) for the quarter ended Sept 30.

24 Oct 2018 1:22 PM

CAG Mehrishi questions RBI's accountability over NPA crisis in banks

The banking sector had NPAs or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18.

23 Oct 2018 4:19 PM

Bandhan Bank Q2 net jumps 47.28 per cent to Rs 487.65 cr

Shares of Bandhan Bank were trading 4.16 per cent higher at Rs 505.05 apiece on BSE.

10 Oct 2018 3:39 PM

Jaitley defends loan write-offs; says they don't lead to waiver

The country's 21 state-owned banks wrote-off Rs 3.16 lakh crore of loans in four years of the BJP govt.

02 Oct 2018 9:16 AM

SBI to sell 8 NPAs to recover dues worth over Rs 3,900 crore

SBI's gross NPAs rose to 10.69 per cent of the total advances at the end of June this year, as against 9.97 per cent a year ago.

18 Sep 2018 10:14 AM

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UPA govt gave loans blindly, weakened banking sector: Piyush Goyal

The bank losses increased from Rs 18,000 crore to Rs 53,000 crore in UPA years, Piyush Goyal alleged.

13 Sep 2018 11:54 AM

PNB invites bids from ARCs for 21 NPA accounts to recover Rs 1,320 cr

The scam-hit lender made NPA recoveries of over Rs 7,700 crore in the first quarter of 2018-19.

13 Sep 2018 10:19 AM

Banks asked to set up one platform for sale of loan defaulters’ assets

About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.

12 Sep 2018 11:37 AM

NPAs rise, Jaitley to meet bank bosses to review scenario

26 banks together – both private and public – reporting gross NPAs of over Rs 7.31lakh crore.

12 Sep 2018 8:54 AM

Rajan drops a bombshell; Cong in dock, flags MUDRA, farm loan waiver risks too

A brutal exposition of all the warts that adorn India's perilously poised banking system.

12 Sep 2018 8:48 AM

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Raghuram Rajan blames 'over optimistic bankers' for mounting bad loans

A larger number of bad loans were originated in the period 2006-2008 when economic growth was strong.

11 Sep 2018 10:21 AM

Banks draw list of 11 power projects for NPA resolution

Total exposure in these firms that will soon go to NCLT is Rs 60,000 crore.

07 Sep 2018 8:57 AM

Large banks may absorb weak ones under RBI lens

Of 21 PSBs, 11 are under prompt corrective action framework of the Reserve Bank of India.

31 Aug 2018 8:53 AM

PNB eyes IBC route for Rs 6,000 crore power NPA recovery

PNB will go for the NCLT route of recovery rather than debt restructuring with companies.

29 Aug 2018 9:22 AM

Finmin asks PSU bank CEOs to check frauds in NPAs or face penal action

SFIO is also looking into the books of companies which are currently undergoing debt resolution.

22 Aug 2018 5:32 PM

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Recap set to give banks capital relief, but stress to remain

Govt plans to provide Rs 65,000 cr of new capital for public sector banks in the year ending March 2019.

22 Aug 2018 10:21 AM

Banks set to come out of PCA framework this year

As many as 11 out of 21 banks are under the watch list of the Reserve Bank of India (RBI).

17 Aug 2018 8:54 AM

RBI puts 200 stressed account under scanner

This exercise comes at a time when gross NPAs in the banking system has risen to around Rs 10.3 lakh crore.

15 Aug 2018 4:04 PM

Sebi plans to stipulate framework for timely disclosure of loan default

Move would help investors take an informed decision at the earliest in cases of loan defaults by listed companies.

15 Aug 2018 1:49 PM

Indian banks take about Rs 70,000 cr hit due to frauds in last 3 fiscals

As per RBI data, there were 139 borrowers with aggregate gross NPAs of more than Rs 1,000 crore.

07 Aug 2018 4:06 PM

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