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The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

Stressed power assets strangulated in recovery

The failure has been much starker in the power sector, which contributes a major chunk of stressed assets.

27 Nov 2018 12:14 AM IST

Bank employees wear masks as a precautionary measure following the coronavirus pandemic. (PTI)

Covid19 impact: Banks to witness spike in credit costs, non-performing...

Asia-Pacific governments, central banks, and supervisory authorities have rolled out diverse measures to address...

6 April 2020 12:38 PM IST

Banks retain negative outlook: Fitch

Banks retain negative outlook: Fitch

The agency added that the positive impact on funding conditions would depend on deposits remaining in banks beyond the...

23 Nov 2016 4:26 AM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Bad banks will help shed NPAs faster: Fitch

Fitch expects stressed-asset ratio to rise over coming year from the 12.3 per cent recorded at end-September 2016.

24 Feb 2017 2:08 PM IST

Finnace Minister Arun Jaitley

Bad loan issue given top priority: FM

Jaitley termed the resolution of the Non-Performing Assets (NPAs) as the "one very big challenge"

25 April 2017 4:30 PM IST