• Tag results for NPAs

PNB aims to recover Rs 10,000 crore-worth bad loans by March quarter

The state-run bank has made recoveries worth Rs 16,600 crore from bad loans this fiscal year.

published on : 6th February 2019

30 banks under-reported NPAs in FY17

As per the analysis, the difference in bad loan reporting also resulted in a variation in provisioning among banks and profits.

published on : 16th January 2019

Banks staring at more NPA provisions

Indian banks are staring at fresh provisions on account of just two large loan accounts — Infrastructure Leasing & Financial Services Ltd and Jet Airways.  

published on : 10th January 2019

NPAs fall, but banks not out of woods

Based on past data, only two PSBs have NPA ratio of less than 10 per cent — Vijaya Bank (5.86 %) and SBI (9.95 %) —  while remaining banks have higher ratios, IDBI the highest at 32 %.

published on : 21st November 2018

Modi government, central bank RBI set for uneasy truce: Sources

If not in this board meeting, sources said, the issue of relaxation of PCA framework which the finance ministry has been pitching for would be reached in the next few weeks.

published on : 14th November 2018

Indian Bank’s net profit dips due to increase in bad loans

The bank saw a total business growth of 14.28 per cent which amounted to a profit of around four lakh crores.

published on : 10th November 2018

Karur Vysya Bank Q2 net up 11 per cent to Rs 84 crore 

Karur Vysya Bank had posted a net profit of Rs 75.65 crore in the corresponding July-September period of the preceding fiscal ended March 2017.

published on : 24th October 2018

CAG Rajiv Mehrishi questions RBI's accountability over NPA crisis in banks

He also talked about the pedagogy built around the centre-state relationships and the unfinished agenda of India's important economic reforms and added that mere tinkering will not do.

published on : 23rd October 2018

Export credit declined due to government's heavy-handed approach to NPAs: Chidambaram

P. Chidambaram said despite government's claims of taking steps to boost exports, the export credit had declined sharply to Rs 22,300 crore in June from Rs 39,000 crore in the same month in 2017.

published on : 21st September 2018

RBI submitted a list of high profile fraud cases to PMO: Raghuram Rajan

Noting that system has been singularly ineffective in bringing even a single high profile fraudster to book, Rajan said, frauds are different from normal non-performing assets.

published on : 11th September 2018

Note to Parliament: Raghuram Rajan on how over-optimistic bankers triggered India's bad loan crisis

Read the complete transcript of Raghuram Rajan's note to Parliamentary Estimates Committee on banking NPAs.

published on : 11th September 2018

P Chidambaram slams PM Modi; seeks details of bad loans under NDA government

The senior Congress leader also questioned why the present dispensation did not recall those loans, given by the previous government, which turned bad.

published on : 2nd September 2018

PM Narendra Modi blames Congress' 'phone-a-loan' scam for bad loans crisis

Modi targeted the Congress’ ‘phone banking’ culture whereby the party high command would dial PSU bank chiefs to facilitate loans to corporates of their choice.

published on : 1st September 2018

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

Stock of SBI was trading 5.2 per cent up at Rs 257.85 on BSE in afternoon trade.

published on : 22nd May 2018

RBI governor Urjit Patel to appear before Parliamentary panel

Last month, the Parliamentary Standing Committee on Finance met finance ministry officials to respond to queries on recent bank frauds and mounting NPAs.

published on : 17th May 2018
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