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Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Finance Minister Jaitley vows to find resources to help NPA-laden...

Jaitley said stressed bank accounts are a core area of concern for the government.

22 Sept 2017 2:24 PM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPAs to touch 10.5 per cent by March as banks recognise entire stress

The 9.5 per cent NPA figure for March 2017 includes only two-thirds of the overall stressed assets.

14 Sept 2017 3:11 PM IST

The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

RBI directed resolution of 12 bad loan accounts by December: Axis Bank

It said around 75 per cent of the outstanding was secured and the provision held for this outstanding was Rs. 862 crore.

2 Sept 2017 11:26 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

NPAs' pain to haunt banks for some time

The overall gross NPAs for forty-one listed banks increased to Rs 8.28 lakh crore as on June 30, 2017 from Rs 7.65 lakh...

1 Sept 2017 5:46 AM IST

Indian banks on top of situation over NPA problem: SBI Chairman

Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.

29 Oct 2018 11:57 AM IST

Former Reserve Bank of India governor Bimal Jalan

Rupee fall, high NPAs still cause for concern: former RBI Governor...

The government should adopt a cautious approach with regard to minimum support price.

21 Oct 2018 1:09 PM IST

Farzana Jan, president of the Alliance, has become the first transgender person in the Khyber Pakhtunkhaw province to be issued a passport encompassing the third gender category. (Photo: Representational/PTI)

Banks ask authorities to impound passport of Gammon India chief

The firm is sitting on non-performing assets of Rs 7,000 crore.

11 Oct 2018 2:42 PM IST

State-owned Central Bank of India, one of the key shareholders of debt-ridden IL&FS Ltd, is unlikely to participate in the proposed Rs 4,500 crore rights issue of the company, according to sources.

Central Bank of India may not participate in rights issue of IL&FS

Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.

3 Oct 2018 7:53 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.

25 Jan 2018 1:14 PM IST

Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance...

Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.

24 Jan 2018 5:35 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Govt to infuse over Rs 88,000 crore in 20 public banks

During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.

24 Jan 2018 5:02 PM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore

Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.

24 Jan 2018 12:56 PM IST