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Friday, February 28, 2020

bad loans

BAD LOANS NEWS

Since FY15, banks write off Rs 6.66 lakh crore, over twice the amount infused by govt in PSBs

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.

Despite overall fall in commercial bad assets, MSME bad loans on the rise

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.

PMC bank fraud: Mumbai Police's Economic Offence Wing arrests suspended MD Joy Thomas

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.

Small steps forward

June 27, 2019 12:01 am

A new report suggests measures to ease woes of small businesses. Its recommendations are well-judged.

Bank unions urge Finance Ministry to allow recovery of dues from personal assets of defaulters

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.

Bad loans: 80% of write offs in decade came in last five years

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.

Deals to rules

March 18, 2019 1:57 am

India’s bad loan policy is finally moving in the right direction.

Bad loans worth more than Rs 2 lakh crores settled: Corporate Affairs secretary

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.

Banks file over 2,800 suits to recover Rs 1 lakh crore in a year

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.

CVC comes out with report on top 100 bank frauds with RBI, ED and CBI

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.

BAD LOANS VIDEOS

Bank officials under CBI probe has risen 5 times in the last 4 months: News in Numbers

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