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CAG said that SBI received the maximum capital infusion of Rs 26,948 crore, which is nearly 22.7 per cent of the total capital infusion.

Govt spent only 53 per cent loan amount on capital expenses

The state government is already facing a financial crunch and the debt burden is increasing.

29 March 2018 1:53 AM IST

China announced on Tuesday that it would cut tariffs on auto imports from July 1, the latest sign of a thaw in trade frictions with the United States.

Chinese loans placing South Asia in debt trap

The Nepal Rastra Bank reveals that the figure stood at Rs.91.18 billion during the review period in 2015-16.

22 Jun 2018 11:35 AM IST

Chanda Kochhar, MD & CEO of ICICI Bank

Present project financing ways must change: Kochhar

In FY17 bank credit slipped to a pale 5.08 per cent lowest since fiscal 1953 when it was a paler 1.8 per cent.

24 Aug 2017 11:56 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Wilful defaulters owe Rs 92,000 crore to PSU banks

Outstanding loans by wilful defaulters rose to Rs 92,376 crore at the end of financial year 2016-17.

15 Aug 2017 2:58 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Bank NPAs register a significant growth during Jan-Jun: survey

During January-June, a majority (75 per cent) of the respondent banks have reduced their Marginal Cost of Funds based...

11 Aug 2017 10:01 AM IST

Business tycoon Vijay Mallya

Banks ask SC to instruct Mallya to deposit Rs 273 crore

Lenders allege that Mallya flouted court and DRT orders and transfered $40mn to his children.

11 Jan 2017 1:27 PM IST

Vijay Mallyas plush villa has failed to find buyer

SC to hear today bankers' plea against Vijay Mallya

Consortium of banks had approached apex court seeking its intervention in bringing back Mallya to India.

11 Jan 2017 12:40 PM 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.

How banking Industry is using automation for collecting and recovering...

Modern day Collection Management System (CMS) consists of Call Centre Solution + CRM + Mobile App for field agents +...

26 July 2017 3:21 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

Sebi approved most of the recommendations submitted by N.R. Narayana Murthy-headed advisory committee on startup fundings.

Sebi asks banks to make additional disclosure on loans

Move will help banks to recognise their stressed assets as non-performing more uniformly.

18 July 2017 7:21 PM IST

Vijay Mallya (Photo: AFP)

Ready for one-time settlement with banks: Mallya

Now-defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks.

10 March 2017 12:46 PM IST

UP Chief Minister Yogi Adityanath. (Photo: PTI)

Yogi Adityanath fulfils poll promise: UP waives Rs 36, 359 farm loans

The CM asked the ministers concerned to work in a specified timeframe to develop the heritage city.

5 April 2017 12:37 AM IST