July 24, 2020 1:13 am
Bank managements and unions have agreed to introduce the system of performance-linked incentive (PLI) in public sector banks for the first time.
July 07, 2020 5:21 am
In the worst-case scenario, corporate stress could increase further by Rs 1.68 lakh crore.
June 23, 2020 12:20 am
The government’s view is that bad loan resolution should happen in a market-led way, a senior government official said. The banks demand for a one-time restructuring of loans is being considered by the banking regulator and the government.
May 13, 2020 6:00 am
“The monitoring or review undertaken should examine whether the borrower is discharging repayment obligations or interest obligations as per terms of the loan agreement,” the Ministry said in an official communication to ministries on Tuesday.
March 10, 2020 9:46 pm
According to the survey, 41 per cent of respondent banks reported tightening of credit standards for large enterprises, as against 48 per cent in the last round, and 64 per cent in the survey round previous to that — indicating continuous improvement in funding.
February 04, 2020 12:09 am
To put the write-offs in perspective, this number is well over twice the Rs 3.13 lakh crore infused by the government in PSBs since April 2014 to recapitalise them.
January 10, 2020 12:08 am
The overall NPAs of commercial lending declined 20 bps to 16.8 per cent in September last, marginally lower than 17 per cent in September 2018, the report said.
October 04, 2019 10:18 pm
According to the Mumbai Police FIR, the losses in the alleged fraud case have been pegged at Rs 4,355 crore.
June 27, 2019 12:01 am
A new report suggests measures to ease woes of small businesses. Its recommendations are well-judged.
June 13, 2019 5:32 pm
Fast-track courts shall have to be vested with more powers to recover bad loans and stringent laws should be enacted to ensure more recoveries, the unions said in a letter to the finance minister.
June 22, 2020 6:22 pm
The number of bank officers arrested or facing charges for being involved with bad loans has gone up five times in the last four months. Here’s the #NewsInNumbers. See more: https://bit.ly/2IM1j4c
June 22, 2020 7:10 pm
Sridevi: A pictorial tribute to Indian cinema's first 'female superstar' on her 57th birth anniversary