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Govt actively working towards bank consolidation: Jaitley

A top ministry official said there is no option but to resolve the NPAs as far as the sectoral source is concerned.

12 Jun 2017 3:09 PM

Jaitley reviews NPA scenario with top bankers

Public sector banks made a stable operating profit of Rs 1.5 lakh crore in 2016-17.

12 Jun 2017 1:59 PM

Jaitley to meet PSB chiefs to assess NPA situation

Currently, the PSBs are being faced with toxic loans of Rs 6.06 lakh crore during April-December 2016-17.

12 Jun 2017 11:11 AM

SBI says 'future ready' with transaction speed of 15,000 per sec

Merger will have a ripple effect on the liability franchise as well as the asset portfolio.

07 Jun 2017 7:51 PM

Modi's steps to benefit growth over medium term: Crisil

GDP growth rate has accelerated to over 7 pc now, making India the fastest- growing major economy in the world.

22 May 2017 7:26 PM

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RBI to unveil framework on NPAs ordinance in 15 days

Framework would include creation of a separate cell to identify issues pertaining to NPAs.

22 May 2017 3:28 PM

Need surgery for NPA resolution, says bank officers' union

Govt issued an ordinance which empowers the RBI to ask banks to initiate insolvency proceedings to recover bad loans.

17 May 2017 9:37 AM

NPA norms welcome, will force decisions: Axis' Shikha Sharma

All bad assets will not turn good, and banks will have to take haircuts because of this mechanism.

11 May 2017 5:20 PM

Vijay Bank reports jump in net profit for fourth quarter

The Banks net profit to Rs 204 crore for the fourth quarter ended March 31, 2017.

09 May 2017 5:26 PM

Bankers lap up a 'balanced' Union Budget 2017

Chanda Kochhar of ICICI Bank said Arun Jaitley has tried to provide a growth impetus while maintaining fiscal prudence.

01 Feb 2017 7:35 PM

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NPA pains to spill over into next fiscal: Moody's

Asset quality will remain a negative driver of the credit profiles of most rated banks in the country and the stock of impaired loans.

09 Jan 2017 3:24 PM

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