Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year
31 Jul 2020 3:19 PM
So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week
02 Jun 2020 4:16 PM
During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago
13 May 2020 3:33 PM
Gandhi asked the government to name wilful bank loan defaulters, but was not allowed another supplementary question
16 Mar 2020 2:24 PM
Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.
03 Dec 2019 4:21 PM
Altico added its total borrowing from banks and financial institutions is Rs 4,361.55 crore as on September 12, 2019.
13 Sep 2019 9:12 AM
The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.
09 Sep 2019 10:06 AM
The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.
16 Aug 2019 1:50 PM
The Indian government took control of IL&FS late last year after it defaulted on some of its debt.
15 Aug 2019 9:39 AM
Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46 lakh cr by the govt.
26 Jul 2019 10:13 AM
Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.
16 Jul 2019 4:08 PM
The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.
12 Jul 2019 9:34 AM
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
04 Jul 2019 1:37 PM
The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated.
04 Jul 2019 1:06 PM
As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.
03 Jul 2019 9:37 AM
The amount involved in such frauds in 2017-18 and 2018-19 stood at Rs 9,866 crore and Rs 6,735 crore
25 Jun 2019 7:06 PM
NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.
25 Jun 2019 4:00 PM
Lenders get 180 days to resolve default under new framework.
08 Jun 2019 1:39 AM
Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.
25 May 2019 1:12 PM
The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.
15 May 2019 8:49 AM