Follow Us:
Tuesday, July 14, 2020



Banks worried, see ballooning of bad loans in second half of 2020-21

May 23, 2020 12:29 pm

According to data provided by different banks, nearly 25-30 per cent of their outstanding loans have come under moratorium.

‘300% rise in housing loan NPA in Gujarat in 5 years’

June 12, 2019 11:21 am

Though bankers point out that the quantum of NPAs in the housing sector is well below one per cent mark in Gujarat, they say most of the defaults happen in cases where a home buyer has lost a job.

RBI Governor Urjit Patel appears before Parliamentary panel; assures steps to strengthen banking system

June 12, 2018 2:24 pm

In his last appearance before the panel, RBI Governor Urjit Patel was also questioned on loan restructuring programmes, which lead to ever greening of loans, and resolution of defaults under the IBC, sources had said.

SBI to auction 12 bad accounts this month to recover over Rs 1325 crore

June 10, 2018 12:30 pm

RBI's revised framework has earmarked specified norms for early identification of stressed assets, timeline for implementation of resolution plans and a penalty on banks for failing to adhere to the prescribed timeline.

No impact on NPAs due to farm loan waivers by states, says Urjit Patel

June 06, 2018 6:16 pm

According to a report, the farm debt waivers announced by the five large states together will widen the fiscal deficit of the states by Rs 1,07,700 crore or 0.65 per cent of GDP in the current financial year. 

RBI to revamp oversight panel; bigger role for rating agencies

May 23, 2017 3:29 am

Central Bank to expand scope of cases referred to OC beyond those under S4A

For weaker PSBs: Capital infusion to be performance-linked

May 23, 2017 1:49 am

The finance ministry has set some conditions before public sector lenders with not-so-strong finances, like reducing NPAs, and shutting down not-profitable branches for capital infusion

Jaitley reaches out to banks hoping to boost economic growth

June 06, 2016 3:15 pm

Finance Minister Arun Jaitley, however, said no discussion took place on bank recapitalisation.

Arun Jaitley: Loan defaulters cannot be let off easily

June 05, 2016 3:08 pm

The Finance Minister has promised that the government will provide greater capital support to the banks

Finance Ministry to soon set up panel on bad loans, work out solution

May 15, 2016 11:56 am

At the end of December, as many as 701 accounts with bad loans exceeding Rs 100 crore owed public sector banks (PSBs) Rs 1.63 lakh crore, while SBI accounted for the biggest chunk.