Gross NPAs Of Banks Fell To 10-Year Low Of 3.9% In March: RBI Report
The macro stress tests for credit risk reveal that scheduled commercial banks (SCBs) would be able to comply with the minimum capital requirements even under severe stress scenarios, the report emphasised.
Jun 28, 2023, 19:00 PM IST
SBI lines up NPAs over Rs 746 crore for sale in Oct-Nov
The auction of NPAs will include accounts of Sintex BAPL with an outstanding of Rs 197.74 crore; Surat Hazira NH6 Tollway Pvt Ltd of exposure of Rs 335.54 crore and Shreebhav Polyweaves Pvt Ltd (Rs 20.20 crore).
Oct 09, 2022, 13:06 PM IST
Mudra loans amounting to Rs 17,651 crore turned into NPAs since inception of scheme
Reasons for NPAs for loans extended under PMMY are, inter-alia, first time borrowers under Shishu category prioritising emergent needs, business failures, inefficiencies in lending practices, poor credit appraisal, wilful default by borrowers, impaired cash flows of the units due to slowdown in business etc.
Jul 16, 2019, 15:18 PM IST
Govt seeks parliamentary nod for additional Rs 80,000 crore bonds for Bank recapitalisation
This is the third supplementary demand by the government in the current fiscal.
Jan 04, 2018, 13:23 PM IST
Modi spreading bluff on NPAs, BJP govt is to be blamed for the mess: Congress
The Congress on Thursday made a strong attack on PM Modi for his remarks on NPAs.
Dec 14, 2017, 14:50 PM IST
Rs 2.11 lakh crore PSU bank recap plan credit positive: Moody's
Moody's Investors Service on Wednesday said the government's plan to infuse Rs 2.11 lakh crore in PSU banks is "significant credit positive" as it will help address the problem of weak capitalisation.
Oct 25, 2017, 14:16 PM IST
PSU bank recap plan monumental step forward: Urjit Patel
Finance Minister Arun Jaitley yesterday announced that Rs 2.11 lakh crore would be infused in PSU banks over two years, of which Rs 1.35 lakh crore will be through recapitalisation bonds.
Oct 25, 2017, 14:15 PM IST
CEA pegs interest cost of recapitalisation bonds at Rs 9,000 crore
Yesterday, Finance Minister Arun Jaitley unveiled an unprecedented Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution.
Oct 25, 2017, 14:07 PM IST
Cabinet defends big reforms, approves Rs 2.11 lakh crores for public sector banks
Finance Minister Arun Jaitley on Tuesday said the Indian economy is on a strong wicket with sound macro-economic fundamentals.
Oct 24, 2017, 18:11 PM IST
Macro-data, global cues to drive stock markets
Macro-economic data points and the direction of foreign funds` flow are expected to influence sentiments of investors and set the tone for the Indian equity markets in the upcoming week, feel senior analysts.
Sep 10, 2017, 14:42 PM IST
Banks' exposure to telecom sector at Rs 97,681 crore: Arun Jaitley
Finance Minister Arun Jaitley on Tuesday said banks have an exposure of Rs 97,681 crore in the telecom sector, which is grappling with financial stress.
Jul 25, 2017, 20:21 PM IST
Kotak Mahindra Bank Q1 net up 23% at Rs 912.73 crore
Kotak Mahindra Bank on Thursday reported 23.10 per cent increase in standalone net profit at Rs 912.73 crore for the first quarter ended June 30.
Jul 20, 2017, 13:02 PM IST
Bankers to meet from Monday to decide on large defaulters
Bankers are meeting from Monday to finalise their next course of action on six of the 12 bad loan accounts for immediate referral to NCLT after the RBI named the largest defaulters to face bankruptcy proceedings.
Jun 18, 2017, 15:28 PM IST
RBI governor, FinMin officials discuss NPA resolution issues
Besides RBI governor, Financial Services Secretary, other senior officials of finance ministry and RBI were present in the meeting.
May 12, 2017, 20:03 PM IST
Cabinet clears ordinance to amend Banking Regulation Act to resolve NPA crisis
Union cabinet has cleared ordinance to amend Banking Regulation Act to resolve NPA crisis on Wednesday. As per sources, President's nod is likely soon.
May 03, 2017, 20:29 PM IST
Bad loans issue not 'insurmountable' for India: Arun Jaitley
Finance Minister Arun Jaitley on Monday asserted that the problem of bad loans in the banking system is not "insurmountable" for a large economy like India as it is limited to only 20-30 big accounts.
Apr 25, 2017, 00:16 AM IST
Vinod Rai writes to FM, PMO on bad loans, suggests roadmap
Expressing concerns over mounting bad loans, Banks Board Bureau (BBB) Chief Vinod Rai has written to Finance Minister Arun Jaitley and Prime Minister's Office underlining the tardy progress made by state-owned lenders in resolving the issue of Non Performing Assets.
Mar 19, 2017, 11:53 AM IST
Govt must bail out troubled big borrowers at time: CEA Arvind Subramanian
The government needs to bail out large corporate borrowers at times in a capitalist system though it may lead to charges of cronyism, Chief Economic Adviser Arvind Subramanian has said, while supporting the idea of a 'national bad bank'.
Mar 14, 2017, 15:19 PM IST
Dena Bank registers Rs 44 crore loss in September quarter
Dena Bank today reported a loss of Rs 44.3 crore for the September quarter on account of higher provisions for bad loans.
Nov 05, 2016, 15:48 PM IST
Finance Ministry to hold meeting with top bankers today to discuss NPA issue
In order to discuss the bad loans problem existing in specific sectors, Finance Ministry has called a meeting with senior managers of banks on Monday.
Oct 24, 2016, 09:18 AM IST
