Non Performing Asset

MC Interview| Canara Bank to transfer 8 NPAs worth Rs 4,000 cr to NARCL by Q3: CEO K. Satyanarayan Raju

Canara Bank’s total SMA 2 book was Rs 6,856 crore, of which Rs 5,000 crore pertain to two accounts—Rs 3,000 crore guaranteed by a state government for an irrigation project, and a rental discount real estate project in Bengaluru, Raju said.

NPAs, capital adequacy to get impacted post amalgamation, says Saraswat Co-operative Bank chairman

On July 1, Saraswat Co-operative Bank has announced its intent to merge crisis-riden New India Co-operative Bank.

Jefferies maintains IndusInd Bank as top buy; sets price target at Rs 1,550

The bank remains committed to expanding its expertise in specific domains to increase its liabilities among high-net-worth individuals, non-resident Indians and wealthy clients, the brokerage said

Future Retail moves Supreme Court seeking relief from being declared defaulter

Future Retail’s inability to pay off its debts to the bank is on account of the company’s inability to complete its small-format stores' asset monetisation due to injunctions orders passed by the arbitration tribunal in its dispute with Amazon.

Bank advances to industry and services have contracted this fiscal year till end-August

Bank loans to non-banking finance companies, however, have been increasing

Podcast |Editor's pick of the day: Supreme Court offers interim relief to stressed power assets

34 power assets with a capacity of 40,130 MW remain stressed. The larger issue of ever-enlarging NPAs in the power sector constitutes the main theme of our Story of the Day today.

Pranab Mukherjee signs ordinance giving RBI more power to tackle NPAs

The ordinance to tackle non-performing assets (NPAs) will be effectively immediately.

Affordable housing is finally a safer bet for lenders

A study by credit information company CIBIL, has revealed that loans meant for affordable housing (home loans of under Rs 10 lakhs ticket size), have shown a robust 23 per cent CAGR over the &#82

Banks‘ share of funding to real estate sector, shrinks to 24% in 5 years

The share of banks‘ credit in the real estate sector, has shrunk drastically in the last few years, from 50%-57% in 2010 to 24%-26% in 2016, said Knight Frank India, in its first edition &#82

There's light at the end of the tunnel for India's NPA problem

The Rs 7-lakh crore non-performing asset (NPA) problem has been the fly in the otherwise smooth ointment that is the Modi government’s economy scorecard.

Expect Q4 GDP to moderate to 6.4%: Moody's

Speaking to CNBC-TV18, William Foster of Moody's said that NPA is a prolonged weakness that is still not addressed and there is no clear method in place to resolve the issue.

See NIMs at 3%; cash crunch effect to subside from Feb: PNB Hsg

PNB Housing Finance had a net interest margin (NIM) of around three percent and it will remain at the same level going forward, said MD Sanjaya Gupta in an interview to CNBC-TV18.

RBI status quo disappoints demonetisation-hit India Inc

Disappointed with the Reserve Bank's decision to leave key policy rates unchanged, India Inc today said a rate cut was needed to revive demand hit by the cash crunch post demonetisation.

Borrowers to get additional 90 days to repay home loans

In further relief to people hit by demonetisation, the Reserve Bank of India (RBI), on December 28, 2016, gave borrowers another 30 days, over and above 60 days, for repayment of housing, car, farm &#82

Borrowers now have additional 90 days to repay loans

In further relief to people hit by demonetisation, the Reserve Bank today gave borrowers another 30 days over and above 60 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore.

Essar Power approaches ICICI, lenders to recast Rs 6564 cr debt

Essar Power Ltd has approached ICICI Bank-led consortium for a strategic restructuring of Rs. 6,564-crore debt of the 1,200 MW Mahan power project set up by a subsidiary.

See no negative in ICICI Bank 2nd quarter earning: Angel Broking

Purohit says PNB Housing Finance's listing is decent and adds that the company has enough capital and scope to move to large-scale operations. But with respect to the company's lag structure, he says PNB HF lags behind.

SBI's slippages likely to be at Rs 15-17k cr, GNPA around 7%

Nilesh Parikh of Edelweiss Securities expects SBI to report slippages in the range of Rs 15,000-17,000 crore for the quarter ending in June.

Beginning of the end of the NPA cycle: Rashesh Shah

Speaking to CNBC-TV18‘s Yash Jain, Rashesh Shah said that RBI‘s asset quality restructure (AQR) process has been path breaking as it has helped quantify NPAs.

Tusian Tells: PSBs, pharma stocks of the day

In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and the implication of the Fair and Remunerative Price (FRP) on sugar company's.

PSU banks to draft paper on NPAs; is a 'bad bank' coming?

Concerned about the bulging non-performing assets (NPA) situation, the government has decided to act fast to tackle the menace.

Central Bank post Q2 profit at Rs 112.9 crore, up 9.67%

The bank had reported Rs 102.91 crore net profit in the similar period last year. In a regulatory filing, it said bank's total income increased to Rs 7,104.19 crore during the quarter under review from Rs 7,021.1 crore in the second quarter ended September 2014.