Home » non performing assets

You Searched For "non-performing assets"

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 recapitalisation critical for economic recovery: BofAML

Govt unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

25 Oct 2017 2:47 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI's profit, capital hinge on NPA resolution: Moody's

Bank reported credit costs of 2.6 per cent of gross loans and an ROA of 0.4 per cent in the quarter ended June 2017.

24 Oct 2017 2:09 PM IST

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

HDFC Bank Q2 net profit up 20 per cent at Rs 4,151 cr

Bank's total income for the quarter under review was Rs 23,276 crore, up from Rs 19,970.9 crore.

24 Oct 2017 1:28 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 4:30 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Banks need to set aside Rs 3.3 tn as NPA provisioning in FY18

Banks would need to step up on provisioning, mainly for large corporate NPAs.

12 Oct 2017 4:43 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank Q2 profit rises 25 per cent to Rs 880 crore

Bank had a net profit of Rs 704.26 crore in the July-September quarter of the last fiscal.

12 Oct 2017 2:35 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Indian govt working on revival of banking sector: Jaitley

Finance Minister Arun Jaitley said that he inherited a banking system whose monies were lying in non-performing assets.

12 Oct 2017 12:50 PM IST

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 10:27 AM IST

The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

RBI begins 'corrective action' against Oriental Bank of Commerce for...

The move will place various restrictions on the public sector lender including on fresh loans and dividend distribution.

7 Oct 2017 8:02 PM IST

Finance Minister Arun Jaitley (Photo: AP)

Jaitley dismisses rumours of banks writing off debts of capitalists

Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by...

28 Nov 2017 5:28 PM IST

The ordinance aims at putting in place safeguards to prevent unscrupulous persons from misusing or vitiating the provisions of the Code.

Wilful defaulters barred from bidding under insolvency law

Over 300 cases have already been approved by NCLT to be taken up under the law.

23 Nov 2017 4:42 PM IST

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the banks ATMs.

PNB plans to raise up to Rs 5,000 crore from market

PNB had reported over 12 per cent rise in net profit at Rs 343.40 crore for the quarter ended June 30, 2017.

22 Sept 2017 3:07 PM IST