Bad Loan

Nirmala Sitharaman to meet CEOs of state-owned banks tomorrow; to review financial performance of lenders, business growth

Given the importance of the banking sector in generating demand and boosting consumption, sources said Nirmala Sitharaman's meeting with the MD and CEOs of PSBs ahead of the Budget 2020-21 is considered important.

What to expect from September quarter GDP data, Mudra loans turn NPAs; read this and more on Moneycontrol Pro

Ahead of the September quarter data release, economists seem to be engaged in a game of competitive devaluation of the GDP growth estimate, putting it between 4.2 and 4.7%, at constant prices.

SBI reports Rs 838 cr net profit in March quarter as bad loans decline to 3%; income rises 11% to Rs 75,670 cr

For the full year 2018-19, SBIreported a consolidated net profit of Rs 3,069.07 crore. While there was a loss of Rs 4,187.41 crore in the entire 2017-18.

NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path

This smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.

Finance minister Piyush Goyal to meet heads of PSBs next week to discuss credit offtake, bad loan position of lenders

Goyal is scheduled to meet chiefs of the state-owned banks on Monday to review the financial performance of the banks

Vijaya Bank third quarter net profit surges 80% to Rs 143 cr; gross NPAs decline marginally to 6.14%

Total income of Vijaya Bank also rose to Rs 4,106.42 crore during the period, compared with Rs 3,450.81 crore a year ago, Vijaya Bank said in a regulatory filing.

Rural distress: Loan waiver is no panacea; govt should dilute monopoly of APMCs for marketing of agricultural produce

Statutorily imposed marketing rigidities in agricultural commodities and other farm produce erect another impediment in the growth of rural sectors

Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loans

Smartphones, the most visible symbol of "Digital India's" ambitious expansion, are increasingly Chinese.

The 'wise owl' of Mint Street: RBI governor Urjit Patel is firmly in saddle on regulations of banks, say analysts

In case of Patel, the RBI has also been working alongside the government on various fronts including the ambitious goals like doubling farmers' income, boost to digital payments and providing easier funding to MSMEs

State Bank of India chairman Rajnish Kumar calls for scaling down thrust on consortium lending

He also said NPAs rose because bankers don't approach a borrower with the mind of a CBI/ED sleuth, but with trust.