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In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank's gross NPA divergence Rs 507cr for FY16

Bank assessed its net NPAs at Rs 20,832.91 crore while the RBI's assessment was Rs 20,863.06 crore.

22 July 2017 12:38 PM IST

Shares of the bank closed 0.32 per cent up at Rs 539.65 on BSE.

RBL Bank Q1 Net up 45 pc to Rs 141 cr on interest income

Total revenue for the June quarter of 2017-18 increased by 26 per cent to Rs 1,299.70 crore.

20 July 2017 5:13 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Banks to take Rs 2.4 trn haircut to resolve top 50 NPA

Haircuts have been classified into four categories marginal, moderate, aggressive and deep.

19 July 2017 4:17 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Some Indian banks risk skipping coupon payments

Fitch Ratings says mid-sized banks are the most at risk of breaching capital triggers.

9 March 2017 2:55 PM IST

Finance minister ArunJaitley

Arun Jaitley chairs high-level meet on bank NPAs

As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.

9 March 2017 2:15 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

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 IST

Representational Image

Bank of India suffers losses in fourth quarter

The state-owned bank suffered net loss to Rs 1,045.54 crore in the fourth quarter of last fiscal.

22 May 2017 2:26 PM IST

Representational Image

SBI Q4 profit more than doubles as bad loan ratio narrows

Analysts on average had expected a net profit of 28.33 billion rupees for the lender.

19 May 2017 1:01 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

This is how RBI will deal with $150-bn bad loans

Only two weeks ago, government gave central bank greater power to tame bad loans.

23 May 2017 10:44 AM IST

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

Note ban may spike bad loans in second half of FY17

The highest level was in education loans followed by auto, consumer durables and mortgages.

31 Dec 2016 3:55 AM IST

Finance Minister Arun Jaitley and RBI Governor Urjit Patel during the customary post- budget meeting in New Delhi on Saturday. (Photo: PTI)

Arun Jaitley, Urjit Patel hold talks on how to end NPAs

Setting up of a bad bank to hold such loans seemed not on top of alternatives of policy makers.

11 March 2017 12:45 PM IST

SBI chief Arundhati Bhattacharya

SBI's $2.3 bn share sale probably to QIPs: Bhattacharya

SBI, India's biggest lender by assets, has shortlisted six banks to manage share sale.

3 Jun 2017 11:12 AM IST