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Apr 16, 2018
IDBI prepares roadmap for NPA reduction, improving financial health; identifies non-core assets, real estate for saleIDBI, which is one of the richest in terms of real estate assets, recently got them valued at market rate and made it part of core capital, sources said, adding that this has strengthened the balance sheet of the lender.
Feb 13, 2018
RBI’s message to bankers, wily promoters: Call a spade a spade; don’t fool the regulator and investorsThe RBI has warned wrongdoers among banks that monetary penalties and higher provisions will be imposed if banks resort to evergreening.
Oct 27, 2016
Willful defaulters’ list: It is high time the Supreme Court read the riot act to the RBIIf there are certain irregularities in the working and functioning of such banks and institutions, the citizens certainly have a right to know about the same
Oct 24, 2016
Air India may benefit from restructuring scheme but banks could be saddled with dudsOne wonders why the government is trying to rescue Air India, as it might well be exposing banks to duds which the airline's equity shares are likely to turn out given its massive accumulated losses