India banking sector

Government reforms have transformed banking sector, says PM Narendra Modi

PM Narendra Modi was speaking at symposium to 'Build Synergy for Seamless Credit Flow and Economic Growth'

Nov 18, 2021, 13:22 PM IST

India should address banking crisis to support investment, says IMF

These steps include the recognition of these non-performing assets, the resolution framework under the Insolvency and Bankruptcy Code, IMF said

Jun 08, 2018, 09:31 AM IST

H1 credit ratio improves massively, trend may sustain: Crisil

Barring the stressed assets, the rating agency expects the corporate credit quality to continue recovering, driven by further improvement in balance sheets.

Oct 03, 2017, 19:10 PM IST

RBI actively working on NPA resolution, action soon: Arun Jaitley

Besides NPA resolution and bank finances, the meeting also featured the government's financial inclusion schemes.

Jun 12, 2017, 13:57 PM IST

FM Arun Jaitley meets PSU bank chiefs; reviews NPA situation

Jaitley also reviewed the financial performance of all the public sector banks (PSBs) at the meeting.

Jun 12, 2017, 12:45 PM IST

Arun Jaitley to meet PSU bank chiefs today to review NPA situation

Besides, the minister will review the financial performance of all the public sector banks (PSBs) at the meeting, the first between Jaitley and them in the current fiscal.

Jun 12, 2017, 10:49 AM IST

Bank stocks surge up to 9% on NPA resolution push

Bank stocks were in the limelight today, surging by up to 9 percent on the government's decision to put in place a mechanism to effectively deal with the problem of mounting bad loans in the sector.

May 04, 2017, 12:54 PM IST

Cabinet has taken significant decision on banking sector: Jaitley

India`s cabinet has taken significant decisions on the country`s banking sector, Finance Minister Arun Jaitley said, declining to give further details, saying it needed a Presidential accord.

May 04, 2017, 12:52 PM IST