Sep 30, 2017 12:15 PM IST
SEBI has put off implementation of its directive 'until further notice' that required listed firms to inform exchanges if they default on loan payments.
- Sep 21, 2017 12:24 PM IST
The move seems to be proposed as over 25,000 flat owners are in a soup for around eight years. The investment will help the complete the unfinished projects.
- Sep 14, 2017 03:01 PM IST
The agency said it estimates the total amount of stressed loans, which includes NPAs and standard assets that are under pressure currently and could deteriorate into NPAs, to be at Rs 11.5 trillion or 14 per cent of the system.
- Sep 13, 2017 02:34 PM IST
Work has already begun on the resolution of 39 cases that have been identified by the Reserve Bank of India (RBI).
- Sep 11, 2017 08:01 AM IST
Jaitley was in city to attend the centenary completion celebrations of Pune District Central Co-operative Bank (PDCC). NCP chief Sharad Pawar is associated with this bank for last 50 years.
- Sep 08, 2017 08:05 AM IST
A look at top cues from the domestic and international markets that could have a bearing on D-Street today.
- Sep 04, 2017 02:47 PM IST
The governor could not have asked for a better anniversary gift. And to be fair he deserves it. While the former governor took the responsibility of forcing the recognition of NPAs, to governor Patel goes the credit of shepherding the resolution process.
- Aug 23, 2017 10:22 PM IST
The RBI Deputy Governor said that banks should engage in renegotiation much before default has actually taken place.
- Aug 18, 2017 11:06 AM IST
The NPA ratio of 38 banks increased to 10.21 percent in June 2017 from 8.42 percent in June 2016, which is the highest in the last six quarters, according to a data report compiled by Care Ratings.
- Aug 10, 2017 03:57 PM IST
"It is worrisome that the level of NPAs in the MSME sector has touched 16 per cent. We are trying to solve the problem", CGM of SBI (Bengal circle) Partho Pratim Sengupta said.
- Aug 07, 2017 09:20 PM IST
Out of these 12 accounts, nine have already been referred to the NCLT, while Lanco Infra, Jaypee Infratech and Era Infra are yet to be admitted.
- Aug 07, 2017 08:26 AM IST
The Chennai-based lender is also targeting to improve its net interest margin to 3 per cent from 2.79 per cent now.
- Aug 03, 2017 06:10 PM IST
The Banking Regulation (Amendment) Bill, 2017, which replaces Banking Regulation Ordinance, was passed in the Lok Sabha on Thursday
- Jul 27, 2017 03:17 PM IST
Chairman and founder of Bandhan Bank, Chandra Sekhar Ghosh said that credit growth during the first quarter witnessed 35 per cent growth at Rs 21,389 crore year-on-year and deposits saw 51 per cent growth at Rs 22,439 crore.
- Jul 26, 2017 09:35 PM IST
Keki Mistry said HDFC will file the red herring prospectus for HDFC Life IPO by October and aims to launch the issue this year itself
- Jul 26, 2017 02:53 PM IST
Yes Bank reported better than expected earnings for the quarter ended June 30 mostly on all the key parameters and the asset quality has also shown considerable improvement on a quarter-on-quarter basis (QoQ).
- Jul 24, 2017 07:33 AM IST
- Jul 23, 2017 02:50 PM IST
Despite increasing number of students not paying back their loans spiking NPAs to over 10 percent, lending continues for higher education with the disbursals topping Rs 20,000 crore in fiscal 2017, according to a report.
- Jul 20, 2017 10:30 PM IST
GMR Rajahmundry's lenders include nine banks such as IDBI Bank and IDFC.
- Jul 19, 2017 06:36 PM IST
Last year, the ministry provided capital to banks in two tranches. As many as 13 public sector banks together got Rs 22,915 crore in the first tranche announced in July 2016.
- Jul 19, 2017 03:35 PM IST
These 50 companies are from the metals (30 per cent of total debt), construction (25 per cent) and power (15 per cent) sectors, and account for half of the Rs 8 lakh crore non -performing assets (NPAs) in the banking system as on March 31, 2017.
- Jul 18, 2017 04:38 PM IST
On July 17, the Gujarat High Court dismissed Essar Steel's petition against the Reserve Bank of India (RBI).
- Jul 18, 2017 04:11 PM IST
The extant prudential NPA norms were brought in after extensive consultations and were based on the report of the Committee headed by M Narasimham on Banking Sector Reforms, Minister of State for Finance Santosh Kumar Gangwar said in the Rajya Sabha.
- Jul 15, 2017 04:48 PM IST
Axis Bank’s gross bad loans have jumped the steepest in the industry by over 350 percent in the last five quarters.
- Jul 13, 2017 04:23 PM IST
In the last couple of weeks, at least three of the 12 companies including Bhushan Steel, Amtek Auto, Era Infrastructure Engineering have seen immediate changes in their top management.