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Financial stability

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Ahead of Modi's meet with bank chiefs, RBI report highlights systemic rot

Dec 30, 2014

Ahead of Modi's meet with bank chiefs, RBI report highlights systemic rot

Until the time government handholds these banks and micromanages them, it is unlikely that state-run banks will see any major change in the way they operate #RBI #InMyOpinion #public sector banks #NPAs #Asset quality #bad laons #Financial Stability Report #Gross NPAs
Banks struggle with bad loans will worsen if economy falters further, warns RBI

Dec 30, 2014

Banks struggle with bad loans will worsen if economy falters further, warns RBI

If the recovery fails to materialize and the current conditions worsen, banks' GNPA level can worsen to 6.3 percent by March 2016 #RBI #Banks #NPAs #bad loans #Financial Stability Report #gross non-performing assets
Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets