![]() | Over-optimistic bankers, growth slowdown responsible for bad loans: Ex-RBI governor Raghuram RajanRajan also made a case for strengthening the recovery process and distance public sector banks from the government. |
![]() | PM Narendra Modi blames Congress' 'phone-a-loan' scam for bad loans crisisModi targeted the Congress’ ‘phone banking’ culture whereby the party high command would dial PSU bank chiefs to facilitate loans to corporates of their choice. |
![]() | Bankers burning midnight oil to resolve Rs 3.8 trillion NPAs before RBI's Monday deadlineThe RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days. |
![]() | SBI expects to settle power sector NPAs worth Rs 17,000 croreThe SBI is in talks with other banks over the potential resolution and, managing director Arijit Basu said, many investors have already expressed their interest. |
![]() | Dhanlaxmi Bank reports net loss of Rs 45 crore in first quarter as bad loans riseTotal income during the said quarter was down at Rs 256.36 crore from Rs 287.25 crore a year ago, the bank said in a regulatory filing. |
![]() | Kerala’s bad loans in the education sector shoot upKerala launched a Rs 900-crore ELRS scheme to help students from families with annual income below Rs 6 lakh repay their education loans. |
![]() | Inter-creditor agreement to resolve bad loans may lead to duplication, say expertsSources also hint that the creation of the ICA framework was largely due to less than anticipated success rate of the Insolvency and Bankruptcy Code, which aims at resolving cases in a time-bound way. |
![]() | SBI posts Q4 net loss of Rs 7,718 crore on higher bad loansStock of SBI was trading 5.2 per cent up at Rs 257.85 on BSE in afternoon trade. |
![]() | SBI no longer in list of top 10 most valued Indian companiesKotak 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. |
![]() | The great bank robberyUnlike many other financial fugitives, Nirav Modi’s wherabaouts are unknown, and hence extradition proceedings cannot be launched against him. |
![]() | PNB loans: Finance ministry gets cracking as scam gets bigger and biggerBad loans above Rs 50 crore to be combed for traces of fraud. Public sector banks have been given ultimatum to set up panel, fix all security gaps within 15 days. |
![]() | New bad loan resolution framework to add Rs 2 lakh crore stress on banksAnalysts say the new norm will add over Rs 2 lakh crore worth bad loans to the existing pile of Rs 10 lakh crore. |
![]() | RBI's new bad loan regime in place to promote transparencyRBI 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. |
![]() | Humongous bank fund infusion tied to reform firewall against bad loansRajeev Kumar, secretary, Department of Financial Services, said the government will infuse Rs 88,139 crore capital into PSBs by March 31, but recapitalisation will be tied to performance and reforms. |
![]() | Bad loans at public sector banks surge by 1 lakh cr in April-December 2016Bad loans rose by over Rs 1 lakh crore in the first nine months of current fiscal to Rs 6,06,911 crore by December. |
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