Bad Debts

The bank, the largest in the United States, reported a better-than-expected profit in the fourth quarter, but raised the risk of a “mild recession” to arrive later this year.

India Inc eyes Rs 2 lakh cr from assets to tide over stress

With bankers forcing companies to sell non-core assets to tide over bad debts, the economic research wing of SBI on May 25 said it expects asset sales of up to Rs 2 trillion by Indian Industry as part of the clean-up process

Bankruptcy code to improve environment for creditors: Fitch

The new Insolvency and Bankruptcy Code will help improve environment for creditors over medium to long term but effective implementation will remain key and may take time, Fitch Ratings said on May 13

Telecos drag government to SC over license, spectrum fees

Telecom players like Vodafone and Airtel have dragged the government to Supreme Court on the issue of calculation of gross revenues.

Take tough stance against defaulting cos:Finmin to PSBs

Gross non-performing assets (NPA) of public sector banks rose to Rs 1.83 lakh crore at the end of June quarter from Rs 1.55 lakh crore at March 31, 2013.

'Chinese banks largely healthy despite potential risks'

Despite "potential risks" from bad debts, China's banking sector remains largely healthy and market-oriented reform will be continued prudently, according to top finance officials.

Recoveries improved asset quality; see NPAs at 1.6%: BoI

By way of recovery and upgradation, Bank of India’s executive director N Seshadri tells CNBC-TV18 that the asset quality of the bank has been consistently improving.

China's bad debt risks expose systemic shortcomings

Bad debts in China's banks painfully expose the shortcomings of an archaic financial system geared to lend to the beck and call of government economic policy, rather than when it is profitable.

No problem in lending to SEBs, don't want to be a bank: PFC

Speaking to CNBC-TV18 in an exclusive interview, Satnam Singh, chairman and managing director of PFC says that the company does not see any issues as far as lending to SEBs are concerned. "Also, we are not in the process of converting self into a bank," he clarifies.

Costs hit HSBC profits as CEO readies shake-up

Profits at HSBC Holdings fell 14% from a year ago as a jump in costs offset a fall in bad debts at Europe's biggest bank, due to outline a drastic shake-up of its business this week.