bad loans

Red flags raised on Yes Bank’s bad loan levels

Yes Bank’s Ranveet Gill did what was expected of the bank’s first non-founder CEO: eliminating all uncomfortable elements in the way. 

published on : 1st May 2019

Surgery on bad loans seems to be working out

The worst seems to be over for India’s banking sector, which undertook a ‘deep surgery’ on bad loans stretching about 36 months.

published on : 10th April 2019

RBI to come out with fresh circular on resolution of bad loans: Central bank Governor Shaktikanta Das

The Supreme Court Tuesday quashed the RBI circular of last year that pertains to the provisions for referring the defaulter to the NCLT even on a one-day overdue.

published on : 4th April 2019

SC declares RBI's circular mandating insolvency proceedings as ultra vires

RBI circular said, the moment a commercial entity is in default on a loan of Rs 2,000 crore or more even for a day, the bank would initiate steps for resolving, including restructuring the loans.

published on : 2nd April 2019

Over Rs 2 lakh crore bad loans settled: Corporate Affairs Secretary

An RBI report shows fresh addition to the NPAs has declined with most cases being settled outside the National Company Law Tribunal.

published on : 2nd March 2019

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

Kerala tops bad loans in retail segment

According to Malappuram District Cooperative Bank DGM Saramol C M, gold loans generally witness low NPAs as it is more liquid and price realisation is far easier.

published on : 19th January 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

Public sector bank bad loans take a steep dive after peaking in March 2018

State-run banks have reduced a staggering Rs 2.22 lakh crore from their NPA tallies as loan recovery efforts paid off in the last three and half years, shows latest data.

published on : 2nd January 2019

Lowering capital buffer detrimental to banks, economy: RBI

The Basel III norms recommend risk-weights for various credit exposures, based on cumulative default rates (CDR) and recovery rates observed internationally.

published on : 28th December 2018

6000 government bankers penalised for bad loans: Arun Jaitley

The 19 nationalised banks, including PNB and Canara Bank, reported a net loss of Rs 21,388 crore in the first half of the fiscal.

published on : 28th December 2018

Banks out of woods as bad loans fall for the second quarter in a row

'The reduction is due to two reasons — improved provisioning and write-offs and increasing recoveries,' Anil Gupta, Head of financial sector ratings, ICRA told Express.

published on : 23rd November 2018

CIC again asks PMO, RBI to disclose wilful defaulters' list, Raghuram Rajan's letter on bad loans

In an exhaustive 66-page order, the panel pulled up the Prime Minister's Office for not complying with its directive to disclose the letter from former RBI Governor Rajan on bad loans.

published on : 18th November 2018

PSU banks get lifeline to resolve bad loans

There are an estimated 200 large NPA accounts in various PSU banks with a total exposure of `3 lakh crore. 

published on : 16th 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
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