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Union Budget 2021: Banks should not escape cost incurred by system due to bad loans

The key to the efficient functioning of a bad bank is that it should never be looked at as a funding institution where bad loans are routinely transferred

A year after PMC Bank scam, RBI says NPAs rise in urban co-operative banks, losses balloon up

The Reserve Bank of India said the quantum of gross NPAs in the 1,539 UCBs increased to Rs 33,010 crore at end-FY20 from Rs 22,093 crore a year ago

Nirav Modi won't get fair trial in India, former SC judge Markandey Katju tells UK court

Katju also repeatedly made comparisons between India and Germany under the Nazi regime, saying Nirav Modi has been made a convenient scapegoat for India's economic crisis

India among large emerging market sovereigns to have highest debt burden by 2021, says Moody's

Despite steps toward the resolution of high non-performing loans, the banking system continues to suffer from weak asset quality, and low loan-loss coverage and capital adequacy, it added

One year of Narendra Modi Sarkar sequel: 10 wins and defeats worth considering

In many ways the Modi Sarkar 2.0 shouldn’t have had the blood, sweat and tears of the most vulnerable people it is meant to serve.

Only way a bank can survive is by growing or else NPAs will become unmanageable: KV Kamath tells Network18

The interest rates have started dropping, but they need to drop even further if the banks have to come around without too much pain, veteran banker KV Kamath tells Network18 Group Editor-in-Chief Rahul Joshi in an exclusive interview.

Books of the week: From Tilottama Misra's High Wind to Vivek H Murthy’s Together, our picks

Our weekly roundup of books that should be on your radar.

IDBI Bank shares rally 20% after lender posts net profit of Rs 135 cr in March quarter

IDBI Bank shares on Monday zoomed 20 percent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarter ended March

Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 years: Fitch Ratings

With incremental bank lending making up the bulk of the government's nearly Rs 21 lakh crore stimulus package, lenders face significant asset quality challenges which can increase their dud loan ratios by up to 6 percentage points over the next two years, warns a report

RBI board member Satish Marathe says stimulus package fails to involve banks as frontline warriors in economic revival

The stimulus package announced by Finance Minister Nirmala Sitharaman "fails to involve" banks in the economic revival process, a member of the Reserve Bank of India's central board said on Wednesday