Non Performing Assets (npas)

To meet their growing expenditure, from daily needs and health emergencies to weddings and sending their children abroad for studies, farmers rely on Arhtiyas despite the heavy interest they pay. Arhtiyas remain crucial for the farm economy of Punjab and Haryana 

About 5,200 companies with credit exposure of over Rs 5 crore declared as NPAs till December 2021: MoS Finance Bhagwat Karad

Scheduled commercial banks (SCBs) and All Indian Financial Institutions report certain credit information of all borrowers having aggregate credit exposure of Rs 5 crore and above to the RBI, under its CRILC database, since the quarter ended June 2014, Minister of State for Finance Bhagwat Karad said.

Evergreening of loans, cover-ups and more: Here's what RBI's annual inspection report on SBI reveals

Several images of the report pointed at deficiencies spanning SBI’s operations -- from management quality to overall functioning of the bank -- as documented by RBI

Govt proposes tweaking new NPA framework, concerned with 24-hr default rule: Srcs

The government proposes to tweak the new NPA framework and are in talks with the banking regulator the Reserve Bank of India, reports CNBC-TV18 quoting sources.

Experts divided on whether Axis Bank NPA case may happen with other peers

Do not expect such high divergence for other banks and what happened with Axis Bank to happen with the peers, says Srikanth Vadlamani, VP-Financial Institutions Group, Moody's.

Will work expeditiously to resolve stressed assets issue: Arun Jaitley

The Centre is working towards strengthening its ability to support the banks through greater resource mobilisation, Jaitley said.

Long-term investors keen to buy troubled assets at cheaper prices: Infra experts

An important theme that the market has been grappling with is the long list of companies that have gone to the National Company Law Tribunal (NCLT) and that results in appointment of insolvency resolution professional to manage these companies till someone comes and buys up the defaulters or some kind of resolution is reached by the creditors.

Huge interest in buying companies taken to NCLT: Sources

Huge buying interest seen in non-performing assets (NPAs) from the steel sector taken to the National Company Law Tribunal (NCLT).

Bad loans: RBI's priority is resolution not liquidation, says Deputy Governor Mundra

Big defaulters were given ample time before bankruptcy proceedings were initiated, he said SS Mundra, Deputy Governor

Faster resolution of NPAs is in best interest of all: SBI

From the side-lines of the India Banking Reforms Conclave, State Bank of India (SBI) Chairman Rajnish Kumar shared his views and outlook whether non-performing assets (NPA) resolution timelines could be missed considering Esser Steel has moved the Gujarat High Court and other company's may follow suit.

We are making decent progress in transformation journey: Bank of Baroda

Bank of Baroda (BoB) has a very strong provision coverage ratio in comparison to other public sector undertaking (PSU) banks. Their tier-I capital ratio is also significantly higher. While most others are consolidating their balance sheet, BoB is talking about loan growth.

Big consolidation in domestic steel ind unlikely; global demand to rise: JSW Steel

The recovery in steel demand in 2017, is on the back of a recovery in construction, infrastructure, and real estate, said Seshagiri Rao, Joint MD & Group CFO, JSW Steel.

Banking Gyan Sangam deferred, likely to be held after June

The Banking Gyansangam that has been a routine affair for the past two years has been deferred. Primarily because of rising non-performing assets (NPAs), the mergers which are on the cards and a lot of capital infusion that is pending for the banks.

Private banks to continue outperforming PSU peers: Angel Broking's Purohit

"I believe that private banks still stand better compared to PSU banks and we still are sticking to the large private banks at this moment", Siddharth Purohit, Senior Research Analyst at Angel Broking told CNBC-TV18. He prefers ICICI Bank and Axis Bank at this moment.

Need for quick action plan, proper regulatory mechanism to solve NPA issue: SBI

Whatever the decision, there needs to be a proper regulatory mechanism to speed it up, said Rajneesh Kumar, MD, State Bank of India.

PMO, FinMin, Steel Ministry join hands to resolve stressed loans in steel sector

Prime Minister’s Office (PMO), Finance Ministry and Steel Ministry are joining hands to tackle the stress in steel sector, the focus is on the large non-performing assets (NPAs) in the sector.

Aim to end FY17 with 7% gross NPA, Rs 1000 cr loan growth: TFCI

Satpal Arora, MD, Tourism Finance Corporation of India (TFCI) said the company is on track to reach Rs 1000 crore loan growth for FY17 but disbursements would be around Rs 500 crore as against expected Rs 600 crore, said Satpal Arora, MD, TFCI.

Demonetisation: Recovery of NPAs slow, impact on NIMs likely, says City Union Bk

Recoveries of non-performing assets (NPAs) have not been as fast as in October, post demonetisation, said Kamakodi. Net interest margins also could be impacted, said N Kamakodi, MD & CEO, City Union Bank.

City Union Q2 net rises 14.7%: eyes 15-18% growth in FY16-17

Private sector City Union Bank's net profit rose by 14.7 per cent to Rs 123.74 crore for the quarter ending September on healthy growth in advances even as bad loans increased during the period.

NPAs to dip on high industrial capacity utilisation: SBI chief

SBI chairperson Arundhati Bhattacharya today said the stressed assets level in the banking sector will come down once the key industrial sectors start functioning at their optimum capacity.

Restructuring of standard loans not negative for banks: IDBI

RK Bansal, ED, IDBI Bank does not think restructuring of standard loans could be too negative for banks.

South Indian Bank Q4 jumps fourfold to Rs 73 cr

"Total income has increased to Rs 1,506.94 crore for the quarter ended March of 2015-16 as against Rs 1,444.37 crore during the same period of 2014-15," it said in a regulatory filing.

Joint Parliament Standing Committee clears Bankruptcy Law: FM

Finance Minister Arun Jaitley today said the Joint Parliament Standing Committee has cleared the Bankruptcy and Insolvency Code and is likely to be discussed in the current Budget Session of Parliament.