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.
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.
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.
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.
May 23, 2017 3:29 am
Central Bank to expand scope of cases referred to OC beyond those under S4A
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
June 06, 2016 3:15 pm
Finance Minister Arun Jaitley, however, said no discussion took place on bank recapitalisation.
June 05, 2016 3:08 pm
The Finance Minister has promised that the government will provide greater capital support to the banks
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.
September 25, 2014 1:31 am
Banks are witnessing some defaults on interest payments from small firms that are dependent on a single project.