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2 mins read
India's bad loan problem continues to break records
The figure represents a significant jump from 2016-17 and 2015-16, when the banking sector wrote…
1 min read
Banks can ease a bit now as RBI cuts down the list of companies that required bad loan provisioning
State-owned banks were under pressure to expose the highly indebted corporate houses. But, RBI stru…
2 mins read
India’s central bank is imposing credit limits on large corporate borrowers to prevent further defaults
The rules largely pertain to companies that have a working capital facility, or a continuous cre…
3 mins read
A stressed power sector is threatening India’s economy, but its banks have a solution
After a rescue plan for stressed power assets involving a joint venture by state-owned firms like N…
1 min read
What is a bad bank and how can it fix India’s bad loans problem?
The concept of a “bad bank” has recently come to the fore again, following a decision from India’s…
2 mins read
India's largest bank is shutting down some international branches to save money
However, instead of exiting countries completely, SBI will mostly cull branches in countries w…
3 mins read
India’s small businesses could escape their short term financing issues
Piyush Goyal, who has been given temporary charge of the finance ministry until Arun Jaitley recov…
2 mins read
Raghuram Rajan reminds India what caused bad loans, warns Mudra loans could be the next wave Of NPAs
“Both MUDRA loans as well as the Kisan Credit Card, while popular, have to be examined more clos…
1 min read
Next are these 3 large defaulters who are on banks’ list. They make up nearly half the loans of 12 defaulters identified by RBI
SBI, which is the lead bank for all the three steel companies, has called a meeting of the jo…
6 mins read
Raghuram Rajan’s recipe to revive India's economic growth
The fact of the matter is Rajan pointed out both the flaws and positives of the Modi regime in I…
2 mins read
Bad loans are ripping apart margins of Bank of India. Here’s how
He said however that it would be difficult to give a timeline and share numbers. "We a…
1 min read
Andhra Bank and Allahabad Bank willing to sell bad loans worth Rs 6,000 crore
Andhra Bank has decided to sell off more than 100 accounts with loans that add up to about Rs 4…
1 min read
Alcohol may become costlier in Indian states considering farm loan waivers: Report
Loan waivers to farmers have recently dominated agendas for political parties as they gear up fo…
3 mins read
The spat between India’s central bank and the government gets more heated as the finance minister blames it for not doing enough to prevent the country’s bad loan problem
Some may say that this is an unfair assertion from Jaitley. The RBI has consistently lobbied f…