Friday, Mar 29, 2024 | Last Update : 02:51 AM IST

bad loans Page-2

Yes Bank shares dive 30 per cent on Q4 loss

The bank reported a loss of Rs 1,506.64 crore for fourth quarter ended March 31, owing to rise in provisioning for bad loans.

30 Apr 2019 1:16 PM

Supreme Court halts ArcelorMittal payment to buy Essar Steel: report

India’s bankruptcy court had approved ArcelorMittal’s USD 6 billion bid for debt-ridden Essar on March 8.

12 Apr 2019 4:33 PM

India needs to bolster level of capitalisation of government-owned banks: IMF

The level of non-performing loans (NPLs) in India remains high.

11 Apr 2019 10:21 AM

Kotak ties up with ADIA for USD 600 mn distressed assets fund

ADIA has committed USD 500 million for the special situations fund, while Kotak will invest the remaining.

28 Feb 2019 5:21 PM

Fund infusion into PSBs not sufficient to support lending growth: Fitch

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.

27 Feb 2019 1:03 PM

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RBI proposes variable pay for bank CEOs

As part of new proposals, RBI is also suggesting quantitative and qualitative criteria is for identification of ‘Material Risk Takers.

26 Feb 2019 3:49 PM

Jet Airways shares fall 3 pc on reports of SBI mulling moving NCLT against airline

Shareholders of Jet Airways had approved conversion of loan into shares and other proposals during the extraordinary general meeting.

25 Feb 2019 3:30 PM

Finmin expects NPA recovery of Rs 1.80 lakh crore in FY19

So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).

21 Feb 2019 10:01 AM

SBI writes of Rs 10,000 as bad loans; 19 PSBs totalling Rs 41,000 as bad loans

The banks had written off loans valuing just Rs 33,259 crore in Q2FY19, hopping 24 per cent y-o-y.

20 Feb 2019 4:20 PM

Andhra Bank's net loss widens to Rs 579 cr in Q3 as bad loans spurt

Andhra Bank had posted a net loss of Rs 532.02 crore in the October-December quarter previous fiscal.

12 Feb 2019 11:47 AM

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Corporation Bank swings into the black with Rs 60.53 cr profit in Q3

Corporation bank had posted a net loss of Rs 1,240.49 crore in October-December 2017-18.

12 Feb 2019 11:35 AM

UCO Bank Q3 net loss at Rs 998 cr as bad loans balloon

UCO bank had posted a net loss of Rs 1,016.43 crore in the same quarter of the previous fiscal.

08 Feb 2019 3:23 PM

State banks recover USD 8.69 billion of bad loans in April-September

Banks have raised 244.4 billion rupees from the market this fiscal year.

20 Dec 2018 5:45 PM

SBI net profit slips 69 per cent to Rs 576 crore in Q2

The bank had reported a net loss of Rs 4,875.85 crore in the first quarter of the current fiscal.

05 Nov 2018 4:34 PM

CIC issues show-cause notice to RBI governor Urjit Patel

Show-cause notice to Urjit Patel for

05 Nov 2018 10:48 AM

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PNB posts Rs 4, 532 crore loss in Sept quarter as bad loans soar

The bank's gross non-performing assets as a proportion of gross advances rose sharply to 17.16 per cent.

02 Nov 2018 1:24 PM

CAG Mehrishi questions RBI's accountability over NPA crisis in banks

The banking sector had NPAs or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18.

23 Oct 2018 4:19 PM

SBI chief sees bad loan provision falling after two quarters

India’s banks have been plagued by a surge in non-performing loans which hit a record USD 150 billion at the end of March.

12 Oct 2018 5:23 PM

‘UPA responsible for bad loans, defaulters fleeing country’: Sitharaman

Banks gave huge loans at drop of hat 'when phone call was made,' by powers that be, she said, addressing BJP traders’ wing meet in Chennai.

10 Oct 2018 2:11 PM

Amalgamation not on cards; focus on internal consolidation: PNB MD

Post-merger, the asset size of the new entity would be over Rs 14.5 lakh crore.

07 Oct 2018 12:09 PM

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