Latest News on Bank Npas
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Bank Npas - Total results - 138
May 19, 2018
Tata Steel’s Rs 35,200 cr Bhushan Steel deal: Why the first major IBC resolution is historic for ailing banks, investorsThis resolution gives a hope to the banking sector, neck-deep in bad loans, that recovery of money is actually possible relying on the IBC channel.
Apr 27, 2018
Axis Bank dragged to first quarterly loss at Rs 2,188 cr by bad loans on three-fold surge in provisionsAxis Bank has seen its non-performing loans jump more than eight times in the past three years to 342.49 billion rupees, or 6.77 percent of its loan book, at the end of March.
Apr 26, 2018
Yes Bank Q4 net profit up 29% at Rs 1,179 crore, total income grows to Rs 25,561 crorePrivate sector lender Yes Bank on Thursday reported a rise of 29 percent in standalone net profit at Rs 1,179.44 crore in the March quarter, 2017-18.
Apr 18, 2018
NPA crisis: RBI worried over rise in one-day default norms breachReserve Bank of India (RBI) deputy governor NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm, and asked the lenders to take this as a warning indicator warranting action
Apr 04, 2018
Loan write-offs by banks decline to 13% of gross NPAs in FY17 from 25% in FY11: RBI dataMounting NPA has become a big problem for the banking sector. Lenders use write-offs as one of the tools to bring down bad debt on their books by making 100 percent provision
Mar 13, 2018
Govt asks public sector banks to 'name and shame' wilful defaulters by publishing their photographs in newspapersThe number of wilful defaulters, who did not repay loans to public sector banks (PSBs) despite the capacity to do so, rose to 9,063 at the end of December 2017.
Mar 01, 2018
Karti Chidambaram arrest: A message has gone to corporate-political nexus; is the ‘caged parrot’ free, finally?The infamous political-corporate nexus is responsible for most of the ills the economy is facing now
Feb 27, 2018
PNB scam fallout: Probe NPAs above Rs 50 cr, report fraud to CBI, finance ministry directs PSBsFinance Ministry on Tuesday directed public sector banks (PSBs) to probe all NPA accounts of over Rs 50 crore for possible fraud and accordingly report the cases to CBI.
Feb 13, 2018
Bad loan mess: RBI's new norms to speed up resolution of stressed assetsRBI's new norms for overhauling the existing mechanism to deal with bad loans -- bringing them line with Insolvency and Bankruptcy Code (IBC) -- will help ensure speedy resolution of stressed assets in the banking system, officials said on Tuesday
Jan 25, 2018
PSB recapitalisation: Narendra Modi govt’s move can keep zombie banks alive for now, but rot runs deepThe problem runs lot deeper and even several rounds of capital infusion cannot come as a panacea to cure the ills of state-run banks unless fundamental flaws are addressed