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Another headache for banks: Bad loans to surge as RBI tightens recast norms
The new rules include raising capital requirements and forcing banks to seek personal guarantees from controlling shareholders of companies whose loan terms are eased. #WhyNow #RBI #Banks #NPA #bad loans
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IDBI Bank Q4 net dips 28% to Rs 554 crore
Public sector lender IDBI Bank today reported 28.15 per cent drop in net profit to Rs 554.45 crore for the January-March quarter on account of over two-fold rise in provisions. #Banks #Q4 results #EarningsShow #NPA #net profit #IDBI Bank
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Govt, RBI steps help improve NPA recovery: Minister tells Rajya Sabha
A series of steps taken by the Government and the Reserve Bank have helped improve recovery of bad loans by public sector banks (PSBs), Parliament was informed today. #RBI #Banks #TheySaidIt #Government #NPA
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YES Bank Q4 net up 33% at Rs 362 cr; declares 60% dividend
Private sector lender YES Bank today posted 33.2 percent jump in net profit at Rs 362.15 crore for the fourth quarter ended March 31, 2013. #Banking #Q4 results #EarningsShow #Yes Bank #NPA
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Devil and deep sea: FM demands from govt banks preposterous
Finance Minister P Chidambaram needs to make up his mind as far as the working of the public sector banks is concerned. Two news reports in newspapers show that the minister has conflicting ideas about the functioning of these banks. #P. Chidambaram #ToWhatEffect #assets #NPA #Government Banks
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Banks' credit growth to industry slows in January: RBI
Indian banks' credit to industry grew at a sluggish pace in January compared with year ago, data from the Reserve Bank of India (RBI) showed on Tuesday. #RBI #Banks #TheySaidIt #NPA #Credit Growth
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Banking outlook negative on higher NPAs: Moody's
Global ratings agency Moody's today said it has a "negative" outlook on the country's banking system due to concerns over asset quality and the high interest rates. #Moody's #NPA #ExpertView #Banking sector
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Govt requires $1.7 bn to rescue PSU banks from NPA stress
The total bailout amount required to rescue public sector banks in case of maximum stress caused due to non-performing assets will be around $1.7 billion, a top company official of India Ratings and Research said. #Banks #NPA #ExpertView #PSU #India Ratings
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FM asks banks to take new steps to speed up NPA recovery
Government has advised public sector banks to take a number of new initiatives to increase the pace of recovery and manage the NPAs, which include appointment of nodal officers for recovery #P. Chidambaram #Banks #TheySaidIt #NPA #losses #Finance Minsitry
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Realty: RBI, FM reading the same but from different pages
Looks like the Reserve Bank of India and the finance ministry are again at loggerheads. However, this time it is not over interest rates, but over taming soaring realty prices. #RBI #Chidambaram #NPA #bank loans #Real estate prices