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The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)Business
Bankers review progress of 12 large NPA accounts under IBC

IAC has referred all accounts whose fund and non-fund based loans are greater than Rs 5,000 crore.

8 Aug 2017 9:19 AM IST

S S MundraBusiness
'No timeline for identification of additional defaulters'

Mundra says banks are being encouraged to resolve in six months' other cases too.

17 Jun 2017 10:53 AM 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.Business
Bankers hail RBI move to name top dud loans

Total NPAs stand at over Rs 8 trillion of which Rs 6 trillion are with public sector banks.

15 Jun 2017 9:42 AM 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.Business
Firms of super rich to face insolvency pleas

RBI panel recommends initiation of insolvency process.

14 Jun 2017 4:17 AM IST

The estimate is based on Crisils assessment of embedded value in the top 50 NPAs in the banking system. (Representational image)Business
Banks need to take 60 per cent haircut on NPAs

Study suggests banks to increase provisioning by 25 per cent.

27 Jun 2017 4:15 AM IST

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