Large promoters can impede loan recovery: Raghuram Rajan
Large promoters have the strength to "impede any action" taken by banks to recover stressed assets, Reserve Bank Governor Raghuram Rajan said on Friday, while emphasizing that banks need to quicken the pace of recovery process and not postpone it.
Dec 11, 2015, 18:18 PM ISTICRA sees NPAs jumping to 5.9% by March from 4.4% in FY15
The banking sector is likely to end the current fiscal with increased gross non-performing assets (NPAs) at 5.3-5.9 percent, primarily due to the withdrawal of the regulatory forbearance on restructured advances by the Reserve Bank from this April, ratings agency Icra said Wednesday.
Aug 26, 2015, 21:24 PM ISTStressed loans to add $16 billion to Indian banks' capital needs
Most state-run lenders have high levels of bad loans and their shares are trading below their book values.
Aug 06, 2015, 13:34 PM ISTRajan warns of action against banks hiding true NPA numbers
Concerned over banks hiding their actual NPA numbers, RBI Governor Raghuram Rajan Tuesday said the central bank is "increasingly turning towards taking action" on such divergences.
Aug 04, 2015, 22:02 PM ISTRBI says 'watchful' of banks' bad loans levels
Reserve Bank of India Deputy Governor S. S. Mundra said the latest April-June earnings from state-owned lenders showed "stability" in terms of non-performing assets (NPAs), but added the central bank would remain "watchful."
Jul 29, 2015, 10:01 AM ISTDena Bank to sell small ticket bad loans to ARCs
For the first time, mid-sized state-run Dena Bank is planning to sell small ticket non-performing assets of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.
Jul 28, 2015, 11:56 AM ISTPublic sector banks should disclose details of bad debts: HC
Public sector banks should disclose details of cases pertaining to persons and establishments whose bad debts of over Rs 100 crore have been written off, the Delhi High Court has held.
Jun 24, 2015, 19:29 PM ISTAllow IFCs to buy projects turning into NPAs: Assocham
Government should allow infrastructure finance companies to buy projects that turn into non-performing assets, industry body Assocham said on Tuesday.
Jun 16, 2015, 17:55 PM ISTEconomy recovering from serious challenges; expect banks to cut rate further: FM
Reserve Bank has cut repo rate by 0.75 percent since January but not all banks have passed on the benefit of lower interest rates to customers.
Jun 12, 2015, 13:29 PM ISTRBI to soon set up Central Fraud Registry
The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.
May 24, 2015, 10:46 AM ISTFM Jaitley to soon meet PSU bankers on NPA, stake sale issues
Finance Minister Arun Jaitley will meet PSU bankers to discuss stake sale plans and the problem of rising bad loans which have crossed a staggering Rs 2.5 lakh crore.
May 19, 2015, 12:56 PM ISTNo financial crisis risk, but bad loans still a problem: Raghuram Rajan
Raising concern over rising bad loans at some banks, RBI Governor Raghuram Rajan Thursday said there was no danger of any financial crisis but it may be early to declare that the worst was over on the NPA front.
May 14, 2015, 21:37 PM ISTNo financial crisis risk, but bad loans still a problem: Rajan
Raising concern over rising bad loans at some banks, RBI Governor Raghuram Rajan on Thursday said there was no danger of any financial crisis but it may be early to declare that the worst was over on the NPA front.
May 14, 2015, 20:24 PM ISTBad loans to rise to Rs 4 lakh cr for banks: Crisil
Asset quality woes of banks may turn worse for banks, with their gross non-performing assets (NPA) expected to rise by Rs 60,000 crore in the current fiscal to Rs 4 lakh crore, credit rating firm Crisil said Tuesday.
May 12, 2015, 23:46 PM IST17 projects turn non performing assets: Govt
About 23 percent of the 74 projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.
May 12, 2015, 18:19 PM ISTLoans worth Rs 54,000 cr granted by public banks turned NPAs
About 23 percent of the projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.
May 12, 2015, 17:17 PM ISTAsset quality woes not over for banks; GNPAs to rise: Crisil
The scheme allows banks to refinance or sell long-term project loans after every five years. For banks to avail such a facility, the loan tenor cannot be more than 25 years.
May 12, 2015, 15:06 PM ISTFinMin discusses 85 large projects worth Rs 3.51 lakh crore
In an effort to help banks facing asset quality woes and to revive investments in the critical infra sector, the government Tuesday discussed 85 large projects entailing Rs 3.51 lakh crore in outstanding bank credit.
Apr 28, 2015, 18:42 PM IST'Poor investment flows to hurt United Bank's credit growth'
Recently, the banking regulator had lifted all lending restrictions which were imposed in December 2013 as the bank had posted a loss in that quarter owing to high NPA levels.
Mar 29, 2015, 11:20 AM ISTTotal NPAs of banks increase to Rs 3,00,611 crore
The Non Performing Assets (NPAs) of the banks in the country stood at Rs 3,00,611 crore as on December 2014, government told Lok Sabha Friday, attributing the increase of NPAs to sluggishness in growth.
Mar 13, 2015, 17:51 PM IST