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Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

India's bad loans and stressed assets estimated at Rs 10 lakh crore

Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.

25 Oct 2017 1:50 PM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

This is what IMF suggests India to grow at a faster rate

Agency says India must tackle coporate and banking sector bad loans and initiate labour reforms.

14 Oct 2017 10:11 AM 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

Viral Acharya. (Photo: YouTube screengrab)

RBI identifies 2nd batch of borrowers for insolvency proceeding

In July, central bank had sigled out 12 large companies that account for 25 per cent of total NPAs.

8 Sept 2017 11:30 AM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

PNB to hire detective agencies to locate untraceable borrowers

PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.

25 April 2018 3:53 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)

PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 March 2019 10:27 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

NPAs: A good step, but

Many defaulters argued their default was predicated on the frequent changes in government policy or the regulators'...

4 April 2019 12:01 AM IST

Kotak Mahindra Bank reports 4% decline in Q4 net profit to Rs 1,952 crore. (PTI Photo)

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related...

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same...

13 May 2020 3:33 PM IST

SBIs Q1 profit surges 81 pc to Rs 4,189 crore. (PTI Photo)

India's largest bank SBI net profit up 81% to â‚¹4,189 crore in Q1

Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at...

31 July 2020 3:19 PM IST

Prime Minister Narendra Modi addressed a meeting organised by the BJP in Mumbai to mark the 43rd anniversary of the Emergency. (Photo: Twitter/ANI)

Alarm bells as NPAs go up, rupee plunges

The RBI has noted that the banks' gross NPAs have already crossed the Rs 10 lakh crore mark last fiscal.

30 Jun 2018 5:16 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Bank officials to brief parliamentary panel on Non-Performing Assets,...

The Parliamentary Standing Committee on Finance has called the Indian Banks' Association officials to appear before it...

3 Jun 2018 9:13 PM IST

Steel production

Addressing NPA problem to help resume lending to steep sector: Report

Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL -- are seen to have the maximum NPA problems.

24 Aug 2017 7:45 PM IST