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2 mins read

Raghuram Rajan's warning about Mudra loans last year may be coming true— and now a Citi report confirms it

Many of the working capital loans made to India's small entrepreneurs may be turning bad. MK Jain, …

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Indian students are still relying on government banks for education loans

Most private banks now lend only to students enrolling in the partnered universities including Indi…

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The Indian government wants to merge more public-sector banks

The Indian government has reportedly asked the RBI to draw up a list of banks that can be merg…

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3 mins read

India’s government is doubling the amount of funds it had planned to infuse into the country’s state-owned banks in the remainder of the year

The government had originally earmarked an infusion of ₹650 billion into state-owned banks this …

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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…

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1 min read

COVID-19 may set back Indian banks' recovery by years: S&P

"Some finance companies lend to weaker customers and have high reliance on wholesale funding. Thes…

PTI   


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4 mins read

2 anecdotes perfectly illustrate why Italy's banking system is such an epic mess

It is estimated that the total stock of non-performing loans (NPLs) held by Italian banks is roughl…

Will Martin   


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3 mins read

India’s central bank just gave the country’s small businesses a one-time breather from some of their bad loans — but with a few conditions

The scheme will only be applied to accounts with an outstanding value of ₹250 million or less. I…

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2 mins read

IndusInd Bank shares skyrocket by 10% as its customers choose not to defer paying off loans

Even though profit took a hit and fell by 16%, the bank reported that its deposits have stabilis…

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1 min read

China's property crisis is bleeding into its banking sector, which is being asked to prop up developers

China's property crisis has hit the books of its four biggest lenders, which have seen a notable ri…

Huileng Tan   


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3 mins read

Even a bailout deal can't revive Greece's shattered banking system

Valuable Greek assets will be transferred to an independent fund that will monetize the assets thro…

Mike Bird   


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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…

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SBI chairman positive of the bad loan situation in the country

SBI chairman assures of the bad loan situation in the country