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Jaitley is right, bank NPAs are unacceptably high and so an RBI rate cut won't be of much help

Aug 22, 2015

Jaitley is right, bank NPAs are unacceptably high and so an RBI rate cut won't be of much help

The recent package announced by the government to revive state-run banks didnt have a concrete plan on bad loan management. #Economy #HowThisWorks #RBI #Arun Jaitley #NPA
Difficult to give fresh loans to NPA accounts, says SBI

Aug 20, 2015

Difficult to give fresh loans to NPA accounts, says SBI

The SBI chief said the moment an account is declared NPA, giving further money to it, and very often this is required for stressed assets, becomes almost impossible. #Economy #SBI #TheySaidIt #Raghuram Rajan #NPA #Arundhati Bhattacharya
Canara Bank shares shed 2% after disappointing Q1 earnings

Aug 05, 2015

Canara Bank shares shed 2% after disappointing Q1 earnings

Over 7 lakh shares changed hands on BSE so far as against two-week average volume of 2.50 lakh shares #BSE #Canara Bank #NPA #PSU banks #June Quarter #provisions
Public sector banks to raise Rs 1.10 lakh cr from markets in next four years

Jul 31, 2015

Public sector banks to raise Rs 1.10 lakh cr from markets in next four years

Earlier in the day, Finance Minister Arun Jaitley had sought Parliament nod for additional capital infusion of Rs 12,010 crore in public sector banks. #Economy #finance ministry #NewsTracker #Arun Jaitley #NPA #public sector banks #capital infusion #Hasmukh Adhia
Improved asset quality boosts Andhra Bank's Q1 net by 89% to Rs 202.52 crore

Jul 25, 2015

Improved asset quality boosts Andhra Bank's Q1 net by 89% to Rs 202.52 crore

Bank's gross NPA stood at 5.75 percent for quarter ended June 30, 2015 compared with gross NPA of 5.98 per cent a year ago #public sector bank #net profit #ANDHRA BANK #Gross NPA #Net NPA #Total income
Lenders' shares under pressure ahead of FM-bankers' meet later today

Jun 12, 2015

Lenders' shares under pressure ahead of FM-bankers' meet later today

BSE Bankex fell 0.6 percent to 19,739.19 as against a 0.1 percent drop in benchmark Sensex #Sensex #NPA #Bankers #BSE Bankex #FM