Moneycontrol PRO
you are here: HomeNewsNpaNews
Jump to
633 Results Found
  • NCLAT allows banks to declare defaulting ILFS accounts as NPAs May 02, 2019 09:45 PM IST

    NCLAT allows banks to declare defaulting ILFS accounts as NPAs

    A bench headed by Chairman Justice S J Mukhopadhaya lifted the embargo on the banks to declare the accounts of the debt-ridden IL&FS and its 300 group entities, which are unable to pay their debt.

  • Yes Bank's balance sheet clean-up to strain profitability in next 12-18 months: Moody's Apr 30, 2019 05:35 PM IST

    Yes Bank's balance sheet clean-up to strain profitability in next 12-18 months: Moody's

    On April 26, the bank reported its first-ever quarterly loss since its inception in 2004 at Rs 1,506 crore in the January-March quarter.

  • Stressed assets resolution: RBI mulls giving up to 60 days additional time for repayments Apr 25, 2019 05:26 PM IST

    Stressed assets resolution: RBI mulls giving up to 60 days additional time for repayments

    Against the backdrop of the Supreme Court quashing an RBI circular, issued on February 12, 2018, a revised set of rules is under works and would be released soon, they added.

  • RBI asks banks to disclose IL&FS provisions in Q4 accounts Apr 24, 2019 09:14 PM IST

    RBI asks banks to disclose IL&FS provisions in Q4 accounts

    Mumbai-headquartered infra lender and its 348 group companies owe over Rs 94,000 crore, of which over Rs 54,000 crore are owed to banks.

  • Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT Apr 16, 2019 09:05 PM IST

    Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

    Senior advocate Gopal Jain, representing the RBI, submitted before the NCLAT that true reflection in the books of the banks is important for fair accounting because it has early warning signals.

  • NPA to improve 180 bps to 8.5% this fisc on PSB revival:Crisil Apr 01, 2019 05:30 PM IST

    NPA to improve 180 bps to 8.5% this fisc on PSB revival:Crisil

    The banking system will close FY19 with gross non- performing assets of 10.3 percent, ratings agency Crisil said Monday in its half-yearly report on credit movements.

  • PSBs may report net profit of Rs 23,000-37,000 cr in FY20: ICRA Mar 14, 2019 09:27 PM IST

    PSBs may report net profit of Rs 23,000-37,000 cr in FY20: ICRA

    In the last four years, with large capital infusion from the government, the state-run banks have been able to recognise and provide for their stressed assets with a steady decline in their gross NPAs (GNPAs) and net NPAs (NNPAs).

  • SBI to auction Rs 2,338 cr of NPAs on March 26 Mar 12, 2019 04:38 PM IST

    SBI to auction Rs 2,338 cr of NPAs on March 26

    The bank is looking to sell all the accounts on a 100 percent cash basis to banks, ARCs, NBFCs and other financial institutions, according to the auction notice on the lender's website on Tuesday.

  • Banks recovered Rs 3 trillion of bad loans in 3 years: Rajeev Kumar, Banking Secretary Feb 28, 2019 06:17 PM IST

    Banks recovered Rs 3 trillion of bad loans in 3 years: Rajeev Kumar, Banking Secretary

    Kumar said that the provisioning coverage ratio has also improved over the years, from 3.9 percent in FY17 to 6.1 percent in FY19 (Apr-Dec).

  • Accounts of IL&FS, group cos cannot be declared NPA without NCLAT nod Feb 25, 2019 12:40 PM IST

    Accounts of IL&FS, group cos cannot be declared NPA without NCLAT nod

    A two-member National Company Law Appellate Tribunal (NCLAT) bench, headed by Chairman Justice S J Mukhopadhaya, said that this is done in the interest of IL&FS debt resolution plan.

  • FinMin expects NPA recovery of Rs 1.80 lakh crore in FY19 Feb 20, 2019 07:54 PM IST

    FinMin expects NPA recovery of Rs 1.80 lakh crore in FY19

    The recovery is expected to touch Rs 1.80 lakh crore by March 2019 with some of the resolutions at the final stage, Financial Services Secretary Rajiv Kumar said.

  • Lack of evidence behind lifting Ajay Gupta's fugitive status: Official Feb 16, 2019 01:45 PM IST

    Lack of evidence behind lifting Ajay Gupta's fugitive status: Official

    Ajay Gupta was accused of offering the then Deputy Minister of Finance Mcebisi Jonas a bribe of 600 million-rand ($42.6 million) to take on the post of Finance Minister in Zuma's Cabinet.

  • NBCC asked to provide estimate, amount required to complete delayed realty projects: Sources Feb 11, 2019 10:48 AM IST

    NBCC asked to provide estimate, amount required to complete delayed realty projects: Sources

    The National Housing Bank and some PSU banks may come forward to provide last mile funding to complete the unfinished projects

  • PNB sets Rs 10,000-cr NPA recovery target in March quarter Feb 06, 2019 08:09 PM IST

    PNB sets Rs 10,000-cr NPA recovery target in March quarter

    During the nine months of FY19, the bank's recoveries from bad loans stood at Rs 16,600 crore.

  • Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs: India Ratings Feb 05, 2019 06:16 PM IST

    Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs: India Ratings

    These accounts are part of the total stressed corporate exposure (interest coverage ratio of 1.5x) of 19.3 percent or Rs 13.5-14 lakh crore as of September 2018.

  • Fresh NPAs down, strengthening internal mechanism: Punjab National Bank Jan 25, 2019 07:55 PM IST

    Fresh NPAs down, strengthening internal mechanism: Punjab National Bank

    A top PNB official said it has already provisioned close to Rs 14,000 crore towards fugitive diamantaire Nirav Modi's alleged fraud on its books and all recoveries will only add to its profit.

  • Bank of Maharashtra Q3 net loss widens 7-fold to Rs 3,764 crore Jan 23, 2019 03:59 PM IST

    Bank of Maharashtra Q3 net loss widens 7-fold to Rs 3,764 crore

    The bank had posted a net loss of Rs 596.70 crore in the corresponding quarter of the previous financial year.

  • Water crisis in India could further worsen bank NPA problem: WWF report Jan 23, 2019 03:58 PM IST

    Water crisis in India could further worsen bank NPA problem: WWF report

    At a time when the banking sector is grappling with mounting NPAs, the World Wildlife Fund (WWF) report released Wednesday said water risks could pose further "liquidity constraints" on the strained balance sheets of banks.

  • NPA recognition likely to get prolonged till FY20, may spike by Rs 5.24 trillion in FY20: Report Jan 18, 2019 09:52 PM IST

    NPA recognition likely to get prolonged till FY20, may spike by Rs 5.24 trillion in FY20: Report

    The RBI had last month come out with the guidelines stipulating that from April 2019, minimum 40 percent of fund- based limits of a borrower is required to be structured in the form of a 'loan component' with a fixed maturity.

  • SBI plans to sell Essar Steel's NPAs worth over Rs 15,000 cr to recover dues Jan 16, 2019 05:12 PM IST

    SBI plans to sell Essar Steel's NPAs worth over Rs 15,000 cr to recover dues

    "State Bank of India (SBI) invites expression of interest (EoI) from banks/ARCs/NBFCs/FIs for the proposed sale of its non performing financial asset with total dues of Rs 15,431.44 crore," the bank said in an advertisement.

  • Syndicate Bank creates vertical to recover Rs 27,000cr NPAs Jan 15, 2019 06:56 PM IST

    Syndicate Bank creates vertical to recover Rs 27,000cr NPAs

    The 'Stressed Asset Management(SAM)' vertical would comprise legal as well as credit experts who would help branch managers to device plans to recover dues from NPAs , including large corporates, said executive director of the PSU bank, Ajay K Khurana.

  • Podcast | Digging Deeper: Banks need to work on their NPA issues Jan 03, 2019 06:09 PM IST

    Podcast | Digging Deeper: Banks need to work on their NPA issues

    During the first half of FY19, the losses of PSBs widened to over Rs 30,000 crore from the Rs 4,500 crore in the corresponding period one year prior.

  • Bank of Baroda-Dena, Vijaya Bank merger: Brokerages say time to ‘buy’ Jan 03, 2019 11:13 AM IST

    Bank of Baroda-Dena, Vijaya Bank merger: Brokerages say time to ‘buy’

    The swap ratio appears fair in respect to Dena Bank owing to the multiple challenges faced by the bank, and most experts feel that Vijaya Bank shareholders have nothing to gain from this merger.

  • RBI's bank NPA projections have been consistently inaccurate since June 2015: Report Jan 02, 2019 02:17 PM IST

    RBI's bank NPA projections have been consistently inaccurate since June 2015: Report

    The actual GNPA ratio of commercial banks came out above projections in all editions of RBI's FSR between June 2015 and December 2017, except the March 2017 edition

  • Bank GNPAs improved to 10.8%; net NPAs to 5.3% in September: RBI Dec 31, 2018 06:15 PM IST

    Bank GNPAs improved to 10.8%; net NPAs to 5.3% in September: RBI

    The net NPAs ratio also witnessed a fall at 5.3 percent in September 2018 as against 6.2 percent in March 2018, RBI said in its Financial Stability Report.

Sections
ISO 27001 - BSI Assurance Mark