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ICICI Banks USD 7.5 billion global medium-term notes programme.

ICICI Bank second-quarter profit falls, lags estimates

Gross bad loans as a percentage of total loans stood at 7.87 per cent at end-September.

27 Oct 2017 11:48 AM

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak Mahindra Bank second-quarter profit rises, meets estimates

Net profit rose to 9.94 billion rupees in quarter ended Sept 30, from 8.13 billion rupees a year earlier.

25 Oct 2017 8:23 AM

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

India's bad loans and stressed assets estimated at Rs 10 lakh crore

Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.

25 Oct 2017 8:20 AM

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Despite spike in bad loans, DCB Bank net jumps 21 per cent

City-based bank's core net interest income rose 30 pc to Rs 248 crore on back of a 20 per cent credit growth.

17 Oct 2017 5:08 AM

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

This is what IMF suggests India to grow at a faster rate

Agency says India must tackle coporate and banking sector bad loans and initiate labour reforms.

14 Oct 2017 4:41 AM

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 11:00 AM

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 4:57 AM

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPAs to touch 10.5 per cent by March as banks recognise entire stress

The 9.5 per cent NPA figure for March 2017 includes only two-thirds of the overall stressed assets.

14 Sept 2017 9:41 AM

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

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 10:49 AM

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...

12 Oct 2018 11:53 AM

Defence Minister Nirmala Sitharaman addressed a press conference about the achievements of Ministry of Defence in last four years in New Delhi. (Photo: Twitter/ANI)

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'...

10 Oct 2018 8:41 AM

Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

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.

7 Oct 2018 6:39 AM