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HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank asked to classify recast loan as NPA by RBI

Banks overall gross non-performing assets ratio had been broadly stable at 1.26 per cent.

26 Oct 2017 4:10 AM GMT

An employee at a Central Bank of India branch in Lower Parel counts demonetised notes on Monday.

Bank of India postpones Rs 3,000 crore QIP plan

Govt decided to infuse Rs 2,257 crore capital support into bank obviating need for capital immediately.

15 Jan 2018 5:05 AM GMT

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Rise in 1-day defaults worries RBI, defends revised norms

RBI's tough posture comes even as the finance ministry has been pitching for scrapping of this key norm.

19 April 2018 3:26 AM GMT

The Rs 13,000-crore PNB scam and fiscal slippage are among factors that have led to a sharp decline in business optimism for the June quarter, a report said on Monday.

PNB scam, fiscal slippage dent business optimism in June quarter

The optimism was rising in the September quarter of last year and hit a peak of 91 per cent for the first quarter of...

16 April 2018 9:40 AM GMT

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Air India turning into a non-performing asset, say banks in report

The govt has remained non-committal on infusing cash into the airline after the failed privatisation process.

30 July 2018 6:58 AM GMT

When we take a loan, we assume that well keep generating income that will help pay off the debts as planned. But situations such as a loss of job, loss of income, and health problems can throw a spanner in the works.

Money talk: What to do when paying EMIs becomes a struggle

Before you incur debt, especially a large, long-term debt such as a home loan, you need to take two measures to protect...

8 Dec 2019 7:53 PM GMT

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI's revised guidelines for resolution of stressed assets likely...

RBI is in very advanced stage and revised circular should be out before declaration of general elections result.

28 April 2019 9:29 AM GMT

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

Stressed assets resolution: RBI mulls giving 60 days additional time...

Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.

25 April 2019 2:24 PM GMT

Union Law Minister Ravi Shankar Prasad said, These days the Congress has been asking too many questions about the NPAs. We have categorically said that not a single loan given under our rule has become NPA. (Photo: ANI)

No loans given under Modi govt has become non-performing asset: BJP

Minister Ravi Shankar Prasad said that the NPAs increased manifold under the Cong-led United Progressive Alliance (UPA)...

5 March 2018 12:32 PM GMT

Reliance Infrastructure a subsidiary of Anil Ambanis Reliance Group. (Photo: File/PTI)

Reliance Naval shares slump nearly 14 pc, Vijaya Bank tags as NPA

The stock dived 13.43 per cent to end at Rs 14.50 on BSE.

14 May 2018 12:38 PM GMT

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

CBI probes documents on loans to Aircel ex-promoter, says IDBI Bank

The state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing...

1 May 2018 10:13 AM GMT

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank eyes cutting NPAs to below 5 per cent by March

The bank is also reviving its home finance subsidiary Ind Bank Housing.

6 Aug 2017 6:22 AM GMT