Gross NPAs of banks may decline to 6.9 per cent by March 2022: Report

The fresh NPA generation rate (or slippages) remained elevated during the second wave in absence of regulatory relief such as moratorium, the report said.

published on : 20th October 2021

Bombay Mercantile Co-op Bank recovers NPAs worth Rs 6 crore in FY21: Chairman

The bank's gross bad loans stood at 6.61 per cent and the net NPAs were 5.11 per cent during FY21.

published on : 24th September 2021

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

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

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

PM Narendra Modi tears into Congress, blames it for NPA scam

Prime Minister Narendra Modi on Wednesday said that the Congress-led UPA was fully responsible for the NPAs of banks and that the country would never forgive the party for its "sin".

published on : 7th February 2018

Bad loans at public sector banks surge by 1 lakh cr in April-December 2016

Bad loans rose by over Rs 1 lakh crore in the first nine months of current fiscal to Rs 6,06,911 crore by December.

published on : 15th March 2017