The Enforcement Directorate on Saturday continued questioning Yes Bank founder Rana Kapoor in connection with a money laundering probe against him and others, officials said
India is facing a "Great Slowdown" with its economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at banks, former Chief Economic Adviser Arvind Subramanian has said
Economy is in intensive care with no quick relief in sight; can cutting personal tax, raising GST offer a magic cure?
Arvind Subramanian's speech at Bangalore does not really highlight any new issues.
The gross bad loans of banks are expected to come down marginally to Rs 9.1 lakh crore by the end of the current financial year, according to a report
RBI annual report: Banks contain gross NPAs at 9.1% in FY19 on higher provisions, dip in fresh slippages
Early recognition and resolution of stressed assets have helped banks contain their gross non-performing loans ratio at 9.1 percent in FY19 down from 11.2 percent a year before, says the monetary authority
Despite weaker Dena Bank, Bank of Baroda has minimal impact on NPAs post-merger, says CEO PS Jayakumar
The amalgamation of Dena and Vijaya with BoB is the second merger during the past five years
Water crisis in India could further worsen bank NPA problem in power and agriculture sector: World Wildlife Fund report
Water problems could push the non-performing assets of banks higher as many lenders have loan exposure in sectors where there are risks to water resources, says a report
Though GDP is the first thing that comes to mind while discussing the economy, economists generally attach more significance to the per capita income
RBI's New Year gift to MSME sector: Central bank allows one-time restructuring of loans up to Rs 25 cr
The decision will help the micro, small and medium enterprises (MSMEs) which are facing cash crunch in the wake of demonetisation and GST implementation.
Finance Minister Arun Jaitley on Monday defended loan write-offs by public sector banks, saying they do not lead to loan waivers and the exercise helps lenders clean up their balance sheets and achieve taxation efficiency.
The Great Indian NPA Mess: How MUDRA scheme, Kisan credit cards could pose the next round of risk for banking sector
The loans extended under the government’s MUDRA scheme and Kisan Credit Cards pose a potential credit risk. These growing liabilities need to be examined with greater urgency.
SEBI cracks whip on corporates’ reluctance to issue bonds, but will it work unless the RBI too acts in tandem?
The bond market is unforgiving unlike banks in the pre-IBC era, especially public sector banks (PSBs) that have shown monumental patience with defaulters all these years until the IBC came along.
Arun Jaitley to meet heads of PSBs next week to review performance, credit growth, bad loan situation
Arun Jaitley's meeting will happen against the backdrop of the 'Alternative Mechanism' (AM) to merge three public sector banks Bank of Baroda, Vijaya Bank and Dena Bank
Two years of Urjit Patel as RBI governor in charts: Falling rupee is a major challenge in third year of his term
Here are six charts that show us how key macroeconomic indicators moved during the two years of RBI governor Urjit Patel
The BSE Sensex plunged nearly 273 points to close at a three-week low of 35,217.11 on Wednesday while the Nifty finished below the 10,700-mark on widespread selling by investors rattled by higher crude prices and a weakening rupee
Tata Steel’s Rs 35,200 cr Bhushan Steel deal: Why the first major IBC resolution is historic for ailing banks, investors
This 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.
Reserve 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
Govt asks public sector banks to 'name and shame' wilful defaulters by publishing their photographs in newspapers
The 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.
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
Finance 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.