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Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Gross NPAs of banks may reduce to 8 per cent by March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.

25 Jun 2019 4:00 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Number of wilful defaulters in nationalised banks up 60 pc to 8,582 in...

Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years.

24 Jun 2019 7:18 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB to sell NPAs worth over Rs 1,000 cr, six accounts put on block

The reserve price for the six non performing assets (NPAs) has been fixed at Rs 342 crore.

16 Jun 2019 3:06 PM IST

Reserve Bank of India (RBI)

New RBI norms to give more lenders headroom to resolve large NPAs:...

New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.

11 Jun 2019 7:10 PM IST

Economic Affairs Secretary Shaktikanta Das

New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's...

6 Jun 2019 1:18 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank hopes to return in black in Q1, gets board nod for Rs...

During the fiscal, total reduction in NPA accounts stood at Rs 8,584.33 crore.

5 Jun 2019 1:35 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India net jumps two-fold to Rs 243 cr in Q1; net NPAs down at...

Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore.

30 July 2019 2:12 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI Bank shares jump nearly 5 per cent post Q1 results

The scrip gained 4.62 per cent to Rs 434.70 on the BSE.

29 July 2019 2:04 PM IST

Currency experts have a bullish outlook for the rupee this week.

PSBs' bad loans have declined by over Rs 89,000 crore till March: Govt

Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46...

26 July 2019 10:13 AM IST

Outspoken Dy Governor Viral Acharya ends his RBI stint

Acharya will be most remembered for speaking his mind on protecting the autonomy of the RBI.

23 July 2019 8:03 PM IST

DCB Banks net interest income increased 14 per cent to Rs 301 crore, while non-interest income rose 17 per cent to Rs 99 crore

DCB Bank shares plunge 14 pc post June quarter earnings

Total income during the quarter rose 10 per cent to Rs 392 crore as against Rs 356 crore in the year-ago period.

17 July 2019 12:40 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman

Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.

16 July 2019 4:08 PM IST