Non-Performing Assets

Will the big bank theory really work?

Will the big bank theory really work?

Can merely merging 10 banks by dumping six financially tottering banks on four relatively viable ones make the four banks stronger or wea...Read More

63 percent banks reported decline in NPAs in infrastructure sector over the last six months: Ficci-IBA Survey

63 percent banks reported decline in NPAs in infrastructure sector over the last six months: Ficci-IBA Survey

New Delhi: The proportion of banks citing reduction in non-performing assets (NPAs) stood at 52 per cent in the January-June period as ag...Read More

Bhopal: Banks agree to Chief Minister Kamal Nath demand of cuts on non-performing assets

Bhopal: Banks agree to Chief Minister Kamal Nath demand of cuts on non-performing assets

BHOPAL: Chief Minister Kamal Nath has successfully made banks agree to his demand of giving discount to state government on non-performin...Read More

State banks see Rs 31,000 crore fall in Non-performing assets in nine months

State banks see Rs 31,000 crore fall in Non-performing assets in nine months

New Delhi: Bad loans of public sector banks declined by more than Rs 31,000 crore to Rs 8,64,433 crore in the first nine months of the cu...Read More

Lessons to be learnt about NPA recovery

Lessons to be learnt about NPA recovery

The recently published Report on Trend and Progress of Banking in India 2017-18 (https://www.rbi.org.in/Scripts/AnnualPublications.aspx?h...Read More

NPAs are results of previous Congress-led govt’s misdeeds: Amit Shah

NPAs are results of previous Congress-led govt’s misdeeds: Amit Shah

Jaipur: BJP chief Amit Shah targeted Congress president Rahul Gandhi on Friday for raising the issue of bank loans and non-performing ass...Read More

RBI, government look to iron out issues ahead of meeting

RBI, government look to iron out issues ahead of meeting

New Delhi: The government and Reserve Bank of India (RBI) seem to be veering around to reach an agreeable solution particularly with resp...Read More

A battle to end zombie lending in India

A battle to end zombie lending in India

There has been much discussion around zombie firms and zombie lending in recent times. In India, the term has been used (and was referred...Read More

Axis Bank Q2 net jumps 83% as NPA woes ease

Axis Bank Q2 net jumps 83% as NPA woes ease

NEW DELHI: Private lender Axis Bank on Friday reported a 83 per cent jump in its net profit at Rs 790 crore for the quarter ending Septem...Read More

RBI faces panel flak over failure to tackle NPA mess

RBI faces panel flak over failure to tackle NPA mess

New Delhi : A Parliamentary committee has questioned RBI for failing to take pre-emptive action in checking bad loans in the banking syst...Read More

Fraud in Non Performing Assets to land Public Sector Bank chiefs in trouble

Fraud in Non Performing Assets to land Public Sector Bank chiefs in trouble

New Delhi : In a stern warning to bankers, the Finance Ministry has asked chief executives of public sector banks (PSBs) to check all NPA...Read More

RBI puts 200 stressed A/Cs under scanner

RBI puts 200 stressed A/Cs under scanner

New Delhi : As part of its effort to contain rising non-performing assets (NPAs), the RBI has started scrutiny of 200 large accounts to a...Read More

Government ready to change Insolvency and Bankruptcy Code to boost market for stressed assets

Government ready to change Insolvency and Bankruptcy Code to boost market for stressed assets

New Delhi: The government is willing to make further changes to the Insolvency and Bankruptcy Code (IBC) which has become a game changer ...Read More

NPA write-offs by PSBs surge 140 percent over their losses in FY’18

NPA write-offs by PSBs surge 140 percent over their losses in FY’18

New Delhi: Public sector banks have written off bad loans worth a whopping Rs 1.20 lakh crore, an amount that is nearly one-and-a-half ti...Read More

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Bankers to brief parliament panel on bad loans, frauds today

New Delhi : Top officials of both public and private banks will on Monday brief a parliamentary panel on the issue of mounting non-perfor...Read More

Banks’ final push for NPA recognition to hurt near-term profitability: Moody’s Investors Service

Banks’ final push for NPA recognition to hurt near-term profitability: Moody’s Investors Service

New Delhi: Moody’s Investors Service today said that the final stage of a multi-year initiative by RBI to push banks to recognise problem...Read More

PNB claims expected to recover Rs 1,800 crore by “Mission Gandhigiri”

PNB claims expected to recover Rs 1,800 crore by “Mission Gandhigiri”

New Delhi: State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recov...Read More

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NPAs to rise by Rs 8k cr over Gitanjali Gems fraud

New Delhi : Non-performing assets (NPAs) or bad loans in the banking sector are set to shoot up by at least Rs 8,000 crore as advances to...Read More

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HC tells DMRC to pay Rs 306 cr to RInfra arm

New Delhi : The Delhi High Court has directed state-run DMRC to pay Rs 306 crore to the lenders of Reliance Infrastructure’s (Rinfra) sub...Read More

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UBI to sell 26% stake in GTL Infra

Mumbai : Union Bank of India has invited bids to sell its 26 per cent stake in or 315 crore shares of GTL Infrastructure by Mar 27, the b...Read More

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