Bad Loan | The Asian Age

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The bank had gross bad loans of Rs 82,888.79 crore on its books by the end of the first quarter of this fiscal.

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

PSBs, along with the Indi¬an Banks’ Association, are in the process of launching an e-auction platform for st¬andardising details of properties to be auctioned.

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

Finance minister Arun Jaitley. (Photo: PTI)

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

Former RBI Guv tears apart UPA for way banking system was managed. (Photo: PTI)

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

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 have to undertake a two-year transaction audit when they start the resolution process through IBC.

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

Govt support will be just enough to enable banks to satisfy regulatory capital requirements with buffers but the support may have to be increased.

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

The new rules were to come into effect initially from October 1 last year but were deferred after banks asked for more time.

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

The objective is to use this inter-creditor agreement for faster facilitation of the stressed assets resolution.

Over 20 Indian banks sign pact for faster bad-loan resolution

Top lender State Bank of India was among banks which signed the agreement.

24 Jul 2018 9:10 AM

Gross bad loans as a percentage of total loans stood at 1.33 per cent at end-June, versus 1.3 per cent at end-March. (Photo: YouTube)

HDFC Bank net profit misses estimates on higher provisions

Net interest income rose 15.4 per cent from a year earlier, while net interest margin came in at 4.2 per cent.

21 Jul 2018 6:19 PM

Banks’ joust with RBI on new NPA framework reaches House panel

New guidelines also disrupt many other resolutions process of bad loans.

11 Apr 2018 10:42 AM

Bad loans of public sector banks stood at Rs 7.34 lakh crore by the end of second quarter last fiscal.

Plans of FDI hike in PSBs on hold now

Government considering raising the FDI limit to 49 per cent for some time now.

11 Apr 2018 9:01 AM

Withdrawal of all debt restructuring tools by the Reserve Bank of India will lead to more assets being classified as non-performing or bad loans. (Photo: PTI)

Banks anticipate tough Q4 as RBI tightens NPA norms

State Bank of India and PNB has deposited significantly lower advance tax during the quarter.

28 Mar 2018 3:50 PM

Bank of Baroda will continue to set aside funds to further boost its provision coverage ratio, which at 68 per cent is already one of the highest among Indian state-run banks.

Bank of Baroda sees performance recovery strengthening from October

Bank of Baroda shares were trading 2.5 per cent lower by 0926 GMT in a Mumbai market that was 0.8 per cent up.

12 Feb 2018 4:43 PM

The gross dud assets ratio jumped from 7.23 per cent to cross the double digits mark at 10.35 per cent during the quarter under review.

Potential stressed asset accounts on decline: report

For public banks, overall SMA book has declined to 5.3 per cent of loans in second quarter of 2017-18.

12 Feb 2018 2:35 PM

State Bank of India shares were down 2.7 per cent, Punjab National Bank was down 3.5 per cent while Bank of Baroda was down 3.6 per cent. (Representational Image)

Shares in large Indian state-run banks fall as recapitalisation plan disappoints

Govt pledged to inject nearly USD 14 billion combined into all but one state-run lender by March.

25 Jan 2018 11:32 AM

Net NPAs of bad loans too fell to 3.41 per cent of the net advances at the end of second quarter this fiscal.

Indian Bank Q2 net up 11.5 per cent at Rs 452 crore

Bank had made a net profit of Rs 405.14 crore in the similar July-September quarter of 2016-17.

06 Nov 2017 1:30 PM

Net NPAs too shot up significantly to 16.06 per cent from 8.32 per cent in the year-ago period.

IDBI Bank Q2 net loss at Rs 198 cr as NPAs rise

Bank had reported net profit of Rs 55.52 crore for the July-September period of last fiscal, 2016-17.

01 Nov 2017 9:10 AM

NPA resolution not to liquidate cos, but to help save them: Jaitley

Gross NPAs have crossed 9.6 per cent as of March 2017 while stressed loans ratio is over 12 per cent.

19 Aug 2017 1:48 PM

Jaypee group is selling its assets to reduce debt.

NCLT admits insolvency petition of IDBI against Jaypee Infra

Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code 2016.

11 Aug 2017 11:40 AM

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Farrukh Dhondy