You Searched For "Non Performing Assets" and got 20 results
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1 min read
India’s largest lender SBI sees 66 per cent slump in profits, hike in NPAs
The SBI had posted net profit of Rs 3,742.02 crore in the corresponding, January-March quarter of t…
1 min read
RBI is asking banks to tread with caution while giving loans to discoms
The RBI, in a communiqué, told state-owned banks that any additional exposure to discoms would resu…
1 min read
Recover NPAs if you want capital, government tells state-run banks
The NPAs of public sector banks jumped from 5.43% in March last year to 7.3% in December 2015. "We …
2 mins read
Insolvency law a 'Swachhata drive' against non-performing assets: IBBI chief
"As and when they find a problem, they try to address it as expeditiously as possible. The insolve…
PTI
3 mins read
The RBI may have dealt a $1.5 billion blow to Indian banks’ bottom line
As a result, the creditors of IL&FS, which include many of India’s public sector banks such…
3 mins read
India’s finance minister touts the success of the country’s recently-implemented bankruptcy code — but it still requires significant improvement
In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…
3 mins read
An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week
After initially refusing to loosen restrictions under the framework, it appears that the RBI m…
2 mins read
India’s government is merging three state-owned lenders to create one of the country’s largest banks
The problems plaguing India’s public sector banks are well known. In addition to poor governance,…
1 min read
Bad loans being formed at a slower pace now, says RBI
He added that most of the banks are adequately capitalised and would be helped by the government in…
1 min read
This is crazy. Public Sector Banks just wrote-off a whopping Rs 1.14 lakh cr in bad debt accumulated over 3 years
This was more than the amount written off in the previous nine financial years. "The public sector…
1 min read
New provisioning rule too harsh to handle for bank loan defaulters
The proposal has recently been discussed between senior bankers and regulatory officials, and chanc…
1 min read
Shares of Punjab National Bank slumped to 1-month lows
Shares of Punjab National Bank, India's 2nd largest PSU lender, slumped to 1-month lows on Tuesday …
1 min read
Know how RBI is strategizing to deal with bad loan problem
Stressing that there is no regulation in the world that prohibits "rehabilitation" of Non-Perfo…
1 min read
HDFC Bank’s Q2 Profit Surges 20%
The bank’s net interest income surged 23.1% to Rs 5,511 crore in the July-September quarter from Rs…
2 mins read
Non performing assets of Banks too high for comfort. Who’s to blame?
Thanks to India’s mining sector companies whose projects are stalled or faltering, total bad loans,…
4 mins read
Budget 2017-18: Forging a bright future for Fintech and Startups
Without infrastructural support, no amount of incentives can cause change. In recognition of this, …
4 mins read
Why your CIBIL report is a summary of your financial health?
- How many loans and credit cards have you availed? - What is the type of credit you have availed –…
1 min read
SBI cleans up its balance sheets by writing off loans of 63 willful defaulters, including Vijay Mallya
SBI has mostly dropped the money willfully under Collection Account (AUCA), commonly known as a wri…
1 min read
Jaitley says adverse business environment can lead to NPAs, asks industry to be positive and ethical
"In this entire debate which is going on non-performing assets, I am quite conscious of the fact th…