NPA
In financial year 2018-19 the proportion of gross non-performing assets (NPAs) to total loans decreased to 9.1 per cent compared to 11.2 per cent in 2017-18.
RBI sees corporate governance 'fault lines' at some lenders
25 Dec 2019 10:56 AM

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, Uday Kotak said. (Photo: File)
'Kotak Mahindra Bank best suited to acquire Yes Bank'
17 Dec 2019 1:49 PM

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's Rajnish Kumar.

Minister of State for Finance Anurag Thakur said that any complaint received in respect of implementation of the PMMY, including turning down of loan applications, delay in turn-around-time (TAT) and lenders' insisting on collateral/guarantor on certain occasions, are redressed in coordination with the respective banks.
Nearly 3 per cent of Mudra loans turn into bad loans: Govt
03 Dec 2019 4:22 PM

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

Former RBI governor C Rangarajan.
Not through bonds, only cash, says Rangarajan on banks recapitalisation
29 Nov 2019 3:28 PM

The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.

The bank said that it intends to convene a meeting of its board of directors by the end of this month to finalise its capital raise.
Yes Bank posts lower net profit for FY19 due to NPA divergence
20 Nov 2019 10:59 AM

The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.

NABARD chairman Harsh Kumar Bhanwala said that cooperative and regional rural banks have also been asked to submitted information about deposits on every 15 days. (Photo: ANI)
NABARD seeks credit disbursal from banks on monthly basis
13 Nov 2019 1:00 PM

Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.

Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance for additional borrowing or revival of their existing home loans within the existing legal and regulatory framework and standard board approved policies of the lending institutions, said the frequently asked questions (FAQs) issued by the finance ministry in this regard. (Representational image)
Rs 25,000-cr fund not for projects with cases pending in higher courts: Govt
07 Nov 2019 5:51 PM

Homebuyers can approach banks for loan revival, advised the Governmant.

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.
Govt not planning to help banks rescue shadow lender DHFL: sources
07 Nov 2019 1:38 PM

DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.

All India Bank Officers' Confederation joint general secretary Sanjay Das said reducing the government's stake in PSBs to below 50 per cent to take the bankers out of CVC ambit is no panacea. (Photo: Representational)
Diluting govt stake below 50 per cent in PSBs no solution: Unions
01 Nov 2019 2:21 PM

Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.

ICICI Bank witnessed an improvement in asset quality as gross non performing assets (NPAs) fell to 6.37 per cent of the gross advances by the end of September 2019, from 8.54 per cent a year ago.
ICICI Bank rises 2 per cent after Q2 results
29 Oct 2019 2:02 PM

The ICICI Bank scrip rose 1.95 per cent to Rs 478.60 -- its 52-week high -- on the BSE.


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