Bank NPAs may come down to Rs 9.1 lakh cr by end of current financial year: Assocham-Crisil report
• 6 years agoThe 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
• 6 years agoEarly 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
• 6 years agoThe 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
• 6 years agoWater 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
10YearChallenge: Indian economy too posts her throwback pics and she looks fit, but not all is well
Dinesh Unnikrishnan And Kishor Kadam • 6 years agoThough 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
• 6 years agoThe decision will help the micro, small and medium enterprises (MSMEs) which are facing cash crunch in the wake of demonetisation and GST implementation.
Arun Jaitley defends loan write-offs; says they don't lead to waiver, recovery still pursued
• 6 years agoFinance 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
Amit Kapoor And Chirag Yadav • 6 years agoThe 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?
Muralidharan • 6 years agoThe 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
• 6 years agoArun 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