According to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, whic...Read More
The findings are part of the 12th round of bankers' survey carried out by FICCI-IBA between July and December 2020.
According to the Finance Ministry's Chief Economic Advisor Krishnamurthy Venkata Subramanian, the crucial reform measure in the sector wi...Read More
Besides, muted private investment impacting the corporate loan growth will be another challenge that banks will have to face in the comin...Read More
By Ajit Ranade
Rising bad loans, and in turn non-performing assets (NPA) cases, can be kept in check by a strict Insolvency and Bankruptcy Code.
By Devidas Tuljapurkar
The Economic Survey for 2019-20, on page 158 in Chapter 7 puts it on record that “PSBs are clearly not efficient today”. This is the stat...Read More
The audited net non-performing assets figures for the quarter ended December are still awaited.
The state-owned lender had posted a net profit of Rs 246.51 crore for the same period a year ago. In September quarter 2019-20, the bank ...Read More
In a regulatory filing on Saturday, PNB said the divergence in gross non-performing assets (NPAs) assessed by the central bank stood at R...Read More
The country's financial system "remains stable" despite recent setbacks and the non-performing assets (NPAs) cycle has "turned around" wi...Read More
Mumbai: Reflecting the continued pressure on state-run banks, State Bank of India (SBI) on Tuesday posted a loss of Rs 7,718 crore for th...Read More
New Delhi: Amid the ongoing crisis caused by increasing Non-Performing Assets (NPAs) in the banking sector, default payment in education ...Read More
By RN Bhaskar
Expect public sector banks (PSBs) to come under increasing pressure in the coming two years. They will groan under swelling non-performin...Read More
Mumbai: Private sector lender Yes Bank today posted a 26.5 per cent jump in net profit to Rs 610.41 crore for the second quarter ended Se...Read More