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non-performing assets Page-3

PSBs need to pass reform test for recapitalisation

Till March 31, 2018, the finance ministry disbu¬r¬sed Rs 88,000 crore under the plan.

09 May 2018 8:24 AM

PNB Housing Finance Q4 net profit up 44 per cent

Net interest income for the year rose to Rs 1,592.6 crore as against Rs 1,034.8 crore registering a growth of 54 per cent.

03 May 2018 6:05 PM

Resolution of twin balance sheet problem to take 6-9 mths: Assocham

The process of resolution of the companies under Insolvency and Bankruptcy Code (IBC) reference would gather pace in the coming months.

15 Apr 2018 3:06 PM

Fitch questions strength of corporate governance at ICICI Bank

Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank.

09 Apr 2018 5:27 PM

SBI, PNB put 15 NPAs worth Rs 1,063 crore for sale

All the 21 public sector banks had gross bad loans of over Rs 7.33 lakh crore.

08 Apr 2018 2:11 PM

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PSBs wrote off Rs 2.41 lakh crore loans in over 3 years

The Rajya Sabha was informed on Tuesday.

03 Apr 2018 7:42 PM

RBI asks Axis Bank to re-consider Shikha Sharma as MD

The move comes against the backdrop of persisting concerns over mounting Non-Performing Assets (NPAs) in the banking system.

02 Apr 2018 7:50 PM

Banking sector could witness turnaround in FY20: S&P

Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade and GDP growth

21 Mar 2018 5:29 PM

RBI issues corrective framework for PSBs

RBI has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks.

17 Mar 2018 1:14 PM

Banks' gross NPAs at Rs 8.41 lakh crore in December

The highest amount of gross NPAs was for country's largest lender SBI at Rs 2,01,560 crore.

10 Mar 2018 11:56 AM

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New rules to boost NPAs

According to data compiled by ICRA for around 50 large borrowers having banking exposure of Rs 2,000 crore or more and will need resolution.

14 Feb 2018 1:11 AM

RBI's new norms to speed up resolution of stressed assets

Gross NPAs of public sector and private sector banks as on Sept 30, 2017 were Rs 7,33,974 cr, Rs 1,02,808 cr respectively.

13 Feb 2018 4:33 PM

SBI wrote off bad loans worth over Rs 20,000 cr last fiscal

PSBs are faced with mounting NPAs or bad loans, putting the financial sector under stress.

12 Feb 2018 12:01 PM

PSBs need Rs 2.06 trillion capital for 8-9 pc credit growth in FY19

The recapitalisation amount from the government will go towards sustaining the banks.

08 Feb 2018 5:56 PM

Govt to soon announce steps to tackle NPAs of MSMEs: Jaitley

MUDRA Yojana launched in April 2015 has led to a sanction of Rs 4.6 lakh crore in credit to some 10.38 lakh MUDRA loans.

01 Feb 2018 1:48 PM

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Govt to infuse over Rs 88,000 crore in 20 public banks

During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.

24 Jan 2018 5:02 PM

Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore

Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.

24 Jan 2018 12:56 PM

NPAs to rise to Rs 9.5 lakh crore by March-end: report

Growth of ARCs is expected to come down significantly owing to capital constraints.

22 Jan 2018 3:27 PM

Financial bids for all 12 large NPA accounts by month-end: SBI

SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.

10 Jan 2018 5:46 PM

RBI puts Allahabad Bank under prompt corrective action

Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

04 Jan 2018 11:14 AM

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