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NPA resolution may get 180 days more

Poor valuations, over-burdened NCLT may prod govt to relax time limit.

17 Apr 2018 8:41 AM

NPA maze: Govt for scrapping of one-day default norm

Govt as well as banks feel one-day delay norm could harm businesses and lead to making loans below Rs 2,000 cr.

16 Apr 2018 8:53 AM

Par Panel to quiz FinMin officials on April 17 on bank NPAs

A parliamentary panel will grill finance ministry officials on April 17 amid rising NPAs.

12 Apr 2018 7:26 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

Govt cleaning up banking sector, says DFS secretary

Banks have also raised more than Rs 10,000 crore so far and will raise more in the coming months from the market.

11 Apr 2018 9:13 AM

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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

Ready to be 'Neelakantha', drink poison to clean system: Urjit Patel

Patel also flagged the issue of rising bad loans (NPA) saying that the problems needs immediate attention.

15 Mar 2018 10:35 AM

Passport details must for loans of Rs 50 crore and above: Govt

Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from fleeing country.

10 Mar 2018 12:29 PM

RBI slaps Rs 3 crore penalty on Axis Bank, 2 crore on IOB

RBI carried out a statutory inspection of Axis Bank with reference to its financial position as on March 31, 2016.

06 Mar 2018 10:48 AM

PNB expects resolution of 4-5 large NPA accounts bilaterally

Out of 28 identified cases, Punjab National Bank has exposure in 20 accounts.

02 Jan 2018 4:18 PM

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Govt to push ahead with banking reforms in New Year

Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.

28 Dec 2017 11:15 AM

Massive NPA under-reporting: RBI says no ruels changed

Lenders started reporting divergences since this June for having under-reported NPAs in FY16.

06 Dec 2017 4:23 PM

Steel companies have to sustain by being competitive: Birender Singh

Six guiding principles contained in progress report lay foundation for taking tangible policy actions to reduce excess steel capacity.

02 Dec 2017 6:02 PM

Canara Bank employees against merger of smaller PSU banks

Merger would not bring any relief to the ‘ailing’ banking industry as the increasing Non Performing Assets.

24 Nov 2017 6:40 PM

City Union Bank Q2 net profit up 17 per cent at Rs 145 crore

Bank had registered a net profit of Rs 124 crore during the July-September quarter of last fiscal.

08 Nov 2017 1:44 PM

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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

PSU Banks may get Rs 70,000 cr through recap bonds this fiscal

In last three-and-half years govt has pumped in Rs 51,858 crore capital in the public sector banks.

05 Nov 2017 4:30 PM

Canara Bank Q2 net profit down 27 per cent to Rs 260 crore

Net profit for the first half of the fiscal declined to Rs 511.78 crore from Rs 585.86 crore.

27 Oct 2017 7:42 PM

Govt infusing capital in banks only short term solution: AIBEA

Centre unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

27 Oct 2017 7:13 PM

Yes Bank shares tank nearly 10 per cent after Q2 earnings

Gross non- performing assets grew to Rs 2,720.34 crore during the second quarter of 2017-18.

27 Oct 2017 1:37 PM

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