Latest News on Bad Loans
Showing of 0 - 10 from 367 results
Bad Loans - Total results - 367
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May 18, 2018
Central Bank's Q4 net loss widens over three-fold to Rs 2,114 cr; gross NPAs hit 21.48% of advances
Central Bank of India on Friday said its net loss widened more than three-fold to Rs 2,114 crore in the March quarter due to higher provisioning for bad loans -
May 17, 2018
Finance minister Piyush Goyal promises help to 11 PSBs under RBI watch list
Finance Minister Piyush Goyal on Thursday promised all possible help to strengthen the 11 public sector banks placed under the 'Prompt Corrective Action' framework by the RBI to check their deteriorating financial health -
May 17, 2018
Finance minister Piyush Goyal vows to clean up a banking sector marred by scandals; can he?
Piyush Goyal, who was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers after undergoing a kidney transplant, met heads of public sector banks on Thursday -
May 17, 2018
Karnataka poll results: Yeddyurappa's loan waiver googly may or may not hit the wicket, but banks better prep for a blow
Karnataka CM Yeddyurappa’s move may remain just an announcement if the looming numbers game isn’t in his favour. But banks will get out bowled by his googly. -
May 16, 2018
Why state-run Punjab National Bank, the big bad boy among Indian lenders, needs better parenting
The government, the Reserve Bank of India (RBI) and various managements have, over time, failed to guide the Punjab National Bank. -
May 15, 2018
PNB shares tank over 6% on disappointing Q4 show; posts largest ever quarterly loss of Rs 13,416.91 cr
Shares of Punjab National Bank (PNB) on Tuesday fell by 6 percent after the company posted largest ever quarterly loss of Rs 13,416.91 crore for the January-March period. -
May 15, 2018
Fraud-hit PNB posts biggest ever quarterly loss of Rs 13,417 cr in Q4; gross NPAs up 18.38%
Scam hit Punjab National Bank (PNB) on Tuesday posted largest ever quarterly loss of Rs 13,416.91 crore for January-March period, mainly on account of high provisioning for bad loans. -
May 14, 2018
PNB tried cover up before Nirav Modi scam exploded: Transferred staff at Hong Kong, Dubai for revealing irregularities
Investigators have learnt that PNB acted against two staffers, posted in Hong Kong and Dubai, for highlighting colossal anomalies in the banking system. -
May 10, 2018
Indian Bank reports 59% decline in Q4 net profit to Rs 132 crore as provisions for bad loans triple
State-run Indian Bank reported 59 percent decline in net profit to Rs 131.98 crore for quarter ended 31 March, as provisions for bad loans nearly tripled -
May 10, 2018
Bad loans mess: Forensic audits at PSBs are a good start, but structural reforms are the need of the hour
Forensic audits of PSB loan accounts will be useful only if learnings are used to frame better policies and implement substantial structural reforms.
