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.
April 14, 2019 8:17 am
Banks wrote off a whopping Rs 1,56,702 crore of non-performing loans during the nine-month ended December 2018, taking the total loan writeoff to over Rs 7,00,000 crore in the last 10 years, according to figures revealed by the RBI.
March 18, 2019 1:57 am
India’s bad loan policy is finally moving in the right direction.
March 02, 2019 5:05 pm
The Reserve Bank report shows that the fresh addition to the NPAs has declined so has the overall NPS, secretary to Ministry of Corporate Affairs Injeti Srinivas said.
January 31, 2019 1:54 am
During 2017-18, the GNPA ratio reached 14.6 per cent for PSU banks due to restructured advances slipping into NPAs and better NPA recognition.
October 17, 2018 1:53 am
The probity watchdog is learnt to have shared its findings, compiled on bank frauds as on March 2017, with the RBI, ED and CBI among others, officials said.
July 17, 2018 12:13 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
February 20, 2017 6:20 pm