• Tag results for NPAs

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

India will achieve double-digit growth soon: BSE Chief Ashishkumar Chauhan

More than traditional products BSE is now focusing on the growth of next-gen products that cater to Emerging India," says BSE chief Ashishkumar Chauhan.

published on : 8th July 2018

UCO Bank focuses on bad loan recovery, reduce expenses

The lender said the performance of the banking sector, public sector banks in particular, continued to be subdued in the current financial year.

published on : 8th June 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

Manpasand, Parle hone in on west India for joint distribution 

Through this partnership, Manpasand Beverage will have access to 45 lakh outlets pan-India for its flagship brand Mango Sip.

published on : 7th May 2018

Serving, retired top officials of IDBI Bank booked by CBI in Rs 600-crore loan fraud

The CBI has booked top officials of two public sector banks, a former CMD of IDBI Bank, former Aircel promoter C Sivasankaran, his son and companies controlled by him.

published on : 26th April 2018

Punjab National Bank claims expected recovery of Rs 1,800 crore from 'Mission Gandhigiri'

The mission was launched in May 2017 and had consistently delivered positive results with an average recovery of Rs 150 crore from the initiative.

published on : 20th April 2018

Telangana finance minister Eatela Rajender takes banks to task for tardy loan disbursal

The finance minister directed the bankers to implement the decision to help the small-scale industry.

published on : 20th April 2018

SBI no longer in list of top 10 most valued Indian companies

Kotak Mahindra Bank has replaced the largest state owned bank State Bank of India in the list of the country’s 10 most valued companies in the aftermath of a series of banking frauds and NPAs.

published on : 17th April 2018

New bad loan resolution framework to add Rs 2 lakh crore stress on banks

Analysts say the new norm will add over Rs 2 lakh crore worth bad loans to the existing pile of Rs 10 lakh crore.

published on : 15th February 2018

RBI's new bad loan regime in place to promote transparency

RBI scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.

published on : 13th February 2018
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