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Axis Bank MD and CEO Shikha Sharma

NPA norms welcome, will force decisions: Axis' Shikha Sharma

All bad assets will not turn good, and banks will have to take haircuts because of this mechanism.

11 May 2017 5:20 PM IST

Vijay Bank reports jump in net profit for fourth quarter

Vijay Bank reports jump in net profit for fourth quarter

The Banks net profit to Rs 204 crore for the fourth quarter ended March 31, 2017.

9 May 2017 5:26 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)

Need surgery for NPA resolution, says bank officers' union

Govt issued an ordinance which empowers the RBI to ask banks to initiate insolvency proceedings to recover bad loans.

17 May 2017 9:37 AM IST

GDP growth not as encouraging as it seems: Bajaj

Baja Auto's exports fell by over 19 per cent to Rs 7,880 crore while in US dollar terms they shrank by 23 per cent.

4 July 2017 1:48 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Jaitley tables bill to replace Banking Regulation Ordinance

Measure allows RBI to initiate insolvency resolution process on specific stressed assets.

24 July 2017 2:14 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank's gross NPA divergence Rs 507cr for FY16

Bank assessed its net NPAs at Rs 20,832.91 crore while the RBI's assessment was Rs 20,863.06 crore.

22 July 2017 12:38 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Banks to take Rs 2.4 trn haircut to resolve top 50 NPA

Haircuts have been classified into four categories marginal, moderate, aggressive and deep.

19 July 2017 4:17 PM IST

The latest Financial Stability Report by the RBI had said the gross non-performing advances ratio increased to 9.1 per cent from 7.8 per cent between March and September 2016

NPA pains to spill over into next fiscal: Moody's

Asset quality will remain a negative driver of the credit profiles of most rated banks in the country and the stock of...

9 Jan 2017 3:24 PM IST

On the challenges front, it flagged the banking systems high non performing assets and job creation as the critical aspects.

Modi's steps to benefit growth over medium term: Crisil

GDP growth rate has accelerated to over 7 pc now, making India the fastest- growing major economy in the world.

22 May 2017 7:26 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI to unveil framework on NPAs ordinance in 15 days

Framework would include creation of a separate cell to identify issues pertaining to NPAs.

22 May 2017 3:28 PM IST

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

Govt to push ahead with banking reforms in New Year

Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.

28 Dec 2017 11:15 AM IST

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

SBI says 'future ready' with transaction speed of 15,000 per sec

Merger will have a ripple effect on the liability franchise as well as the asset portfolio.

7 Jun 2017 7:51 PM IST