NPA

SBI seeks bids to sell 11 NPAs worth 4.66 bln rupees

SBI seeks bids to sell 11 NPAs worth 4.66 bln rupees

MUMBAI: State Bank of India has sought bids to sell 11 non-performing loan accounts with outstanding of 4.66 bln rupees, the lender said ...Read More

'Banks may need to report HDIL's dues, provisioning status'

'Banks may need to report HDIL's dues, provisioning status'

New Delhi: Public sector banks having fund exposure to the bankrupt real estate firm HDIL may have to classify the loans given to it as n...Read More

‘No stressed MSME to get NPA status till FY20’

‘No stressed MSME to get NPA status till FY20’

At a press conference after meeting PSU bank heads, Finance Minister Nirmala Sitharaman said there already exists a circular from the Res...Read More

Govt’s new measures to boost housing not enough: Experts

Govt’s new measures to boost housing not enough: Experts

The government on Saturday announced the setting up of a corpus of Rs 10,000 crore for the cash crunched real estate sector to complete s...Read More

PNB puts up 11 NPAs for sale to recover dues of Rs 1,234 crore

PNB puts up 11 NPAs for sale to recover dues of Rs 1,234 crore

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

RBL Bank reports 41% jump in Q1 net profit rises to Rs 267 crore

RBL Bank reports 41% jump in Q1 net profit rises to Rs 267 crore

On the other hand, profit was higher than Rs 262 crore estimated by a Bloomberg poll of 12 analysts.

Yes Bank's shares tumble by 20% as profits fall by 91% on higher NPA provisioning

Yes Bank's shares tumble by 20% as profits fall by 91% on higher NPA provisioning

Yes Bank's shares tumbled by 20%. While the Mumbai-based lender returned to profit in the three months ended June, its provisions for sou...Read More

‘Bank NPAs fall by Rs 1.02 lakh crore’

‘Bank NPAs fall by Rs 1.02 lakh crore’

The government has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sithar...Read More

RBI: Despite NBFC crisis, financial system stable; NPAs fall sharply to 9.3% in FY19

RBI: Despite NBFC crisis, financial system stable; NPAs fall sharply to 9.3% in FY19

"As the banks, especially the state-run ones, are on the mend, the structure of non-banking credit intermediation should focus on develop...Read More

Let banks recover dues from personal assets of defaulters: Bank unions

Let banks recover dues from personal assets of defaulters: Bank unions

Bank unions have called up on finance minister Nirmala Sitharaman to enact strong recovery laws with a provision to confiscate personal a...Read More

SBI reports net profit of Rs 838 cr in Q4; trims bad loan ratio

SBI reports net profit of Rs 838 cr in Q4; trims bad loan ratio

New Delhi: Country’s largest lender SBI on Friday said it has reported net profit of Rs 838.40 crore in the fourth quarter of 2018-19 fis...Read More

Bhopal: Fearing NPA, banks agreed to waive farmers’ loan says Kamal Nath

Bhopal: Fearing NPA, banks agreed to waive farmers’ loan says Kamal Nath

BHOPAL: Due to fear of NPA, the banks had waived off loan of farmers, said the chief minister Kamal Nath while talking to media here on T...Read More

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed the banks to declare as non-performing assets the acco...Read More

Yes Bank’s total NPAs at 8 pc, Moody’s warns of longer pain

Yes Bank’s total NPAs at 8 pc, Moody’s warns of longer pain

Mumbai: Private sector lender Yes Bank has an overall stressed advance of 8 percent and new chief executive Ravneet Gill’s clean-up will ...Read More

NPA recovery target in jeopardy on Essar Steel

NPA recovery target in jeopardy on Essar Steel

New Delhi: The delay in actual realisation from the resolution of the big-ticket cases like Essar Steel has put the NPAs, or bad loans, r...Read More

NPAs of PSU banks has improved

NPAs of PSU banks has improved

New Delhi: The government is following the policy of amalgamating public sector banks to create healthy large banks which are globally co...Read More

Immense progress being made in IL&FS matter: Corporate affairs secy

Immense progress being made in IL&FS matter: Corporate affairs secy

New Delhi: The first phase of resolution for problems faced by IL&FS group is expected to be completed in the next few months, as a l...Read More

IL&FS Crisis: Accounts cannot be declared NPA without NCLAT nod

IL&FS Crisis: Accounts cannot be declared NPA without NCLAT nod

New Delhi: No bank or financial institution can declare the accounts of debt-ridden IL&FS and its group companies as non-performing a...Read More

RBI PCA: Operational curbs on these state-run banks may be lifted soon

RBI PCA: Operational curbs on these state-run banks may be lifted soon

Mumbai: State-run Corporation Bank, which is still under the Reserve Bank’s prompt corrective action (PCA) framework, on Wednesday said t...Read More

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