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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

The bank has augmented Rs 168 crore as part of capital infusion in the beginning of this financial year and is very strong at present. (Representational Image)

SME loan portfolio to witness 15 per cent growth

LVB extended loans worth Rs 1,000 crore to Rs 1,500 crore to SMEs in the last fiscal year ending March 2016.

21 Jan 2017 4:16 PM IST

The annualised fresh NPA generation declined to 4.1 per cent during the third quarter of 2016-17.

'Rs 8 lakh crore NPAs may face bankruptcy proceedings by Mar 2019'

NPAs are a big drain on the financial health of banks especially public sector banks.

16 July 2017 4:40 PM IST

Representational Image

Industry body sugges creation of Stressed Assets Fund

Assocham suggested creation of a Stress Asset Fund to help revive assets under high leverage.

7 May 2017 12:03 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI gets more teeth to resolve banks' NPA woes; acts quickly

RBI made substantial changes in the norms and also warned banks of monetary penalty for missing NPA resolution...

6 May 2017 12:50 PM IST

Prime Minister Narendra Modi. (Photo: PTI)

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

5 May 2017 5:53 PM IST

RBI Governor Urjit Patel (Photo: PTI)

Bad loans ordinance: RBI gets powers for 'clean banks'

With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.

5 May 2017 3:10 PM IST

President Pranab Mukherjee (Photo: PTI)

President Mukherjee clears ordinance on Non-Performing Assets

Ordinance will give greater powers to the Reserve Bank of India to tackle mounting bad loans

5 May 2017 10:06 AM IST

Finance Secretary Ashok Lavasa

Lavasa ask for Amendments to Banking Regulation Act

Lavasa said "we should be able to reach resolution in many of the cases".

4 May 2017 4:11 PM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Bank stocks surge up to 9 pc on NPA resolution push

Public sector banks are saddled with NPAs or bad loans to the tune of a staggering Rs 6 lakh crore.

4 May 2017 12:16 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)

Cabinet clears ordinance to amend Banking Act to tackle NPAs

Amendment will empower the RBI to issue direction to banks to recover non-performing assets (NPAs) from loan defaulters.

4 May 2017 10:58 AM IST

Finance Secretary Ashok Lavasa.

India concerned about NPAs of Indian banks as well: Lavasa

Cabinet this week approved promulgation of an ordinance to amend the Banking Regulation Act for resolution of the NPA...

12 May 2017 4:19 PM IST