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  • NPAs to rise to Rs 9.5 lakh cr by March-end: Report Jan 22, 2018 02:57 PM IST

    NPAs to rise to Rs 9.5 lakh cr by March-end: Report

    The high level of stressed assets in the banking system however provide enormous opportunity for asset reconstruction companies (ARCs) which are important stakeholders in the NPA resolution process, said the Assocham-Crisil study.

  • NS Vishwanathan asks banks to develop better risk-pricing skills Jan 18, 2018 03:55 PM IST

    NS Vishwanathan asks banks to develop better risk-pricing skills

    Banks are saddled with over Rs 10 trillion bad loans in the system, most of them in infrastructure sectors like power, steel and road projects, forcing the RBI to list as many 40 largest NPA accounts, which constitute 40 per cent of the mess, to be referred to the national debt tribunals for recovery and resolution in 2017.

  • A dream come true for Capital First, but challenges ahead for Vaidyanathan Jan 15, 2018 01:45 PM IST

    A dream come true for Capital First, but challenges ahead for Vaidyanathan

    This is the opportunity that Vaidyanathan, an avid long distance runner, had been looking for to go the full hog as far as the banking sector is concerned

  • Higher NPA provisioning to impact banks in 2018/19: ICRA Jan 04, 2018 02:20 PM IST

    Higher NPA provisioning to impact banks in 2018/19: ICRA

    Besides, gross non-performing assets (NPAs) could peak in current fiscal, but elevated levels of provisioning on these NPAs will continue to negatively affect the banks during fiscals 2018 and 2019, Moody's Indian affiliate ICRA said.

  • RBI deadline for 2nd NPA list: Banks still in process of filing 25 of 28 accounts in NCLT Jan 02, 2018 08:31 AM IST

    RBI deadline for 2nd NPA list: Banks still in process of filing 25 of 28 accounts in NCLT

    While the NPA clean-up exercise continued its rigour, the work overload and cumbersome out-of-court resolution processes to be completed before December 13 has led banks to complete filing the cases by first week of January.

  • Weekend wrap: 2017 ends with a win-win for the banking sector Dec 31, 2017 06:23 PM IST

    Weekend wrap: 2017 ends with a win-win for the banking sector

    The much hyped Insolvency and Bankruptcy Code gets its much needed amendment law and RCom finds buyer to reduce its debt. Also with the year coming to an end Moneycontrol takes a look at the insolvency and digital revolution in India.

  • NPAs: RBI blames i-bankers for faulty project/loan apprisals Dec 22, 2017 03:51 PM IST

    NPAs: RBI blames i-bankers for faulty project/loan apprisals

    "The impairment crisis in the banks has also highlighted certain basic deficiencies with regard to the appraisal of long-term projects with a significant gestation time," the central bank said in the Financial Stability Report (FSR) for the first half of the current financial year.

  • RBI adds more restrictions on United Bank of India due to high NPAs Dec 20, 2017 10:25 PM IST

    RBI adds more restrictions on United Bank of India due to high NPAs

    In 2013, RBI had restricted the bank from lending freely. Earlier in the day, Bank of India announced that the RBI had put them under Prompt Correction Action

  • RBI puts BoI under watch; initiates 'corrective action' Dec 20, 2017 03:23 PM IST

    RBI puts BoI under watch; initiates 'corrective action'

    In a filing to stock exchanges, BoI said Reserve Bank of India has placed it under Prompt Corrective Action Framework, consequent to the onsite inspection under the risk based supervision model carried out for the year ended March 2017.

  • Mere regulatory disclosure of divergence in asset quality of banks inadequate Dec 19, 2017 07:33 AM IST

    Mere regulatory disclosure of divergence in asset quality of banks inadequate

    For the audit done by the RBI during FY2017 for the asset quality as on March 31, 2016, banks reported a combined divergence of a massive Rs 43,500 crore, against their reported gross NPAs of Rs 5.92 lakh crore.

  • Govt to relook into insolvency provisions to help bids for smaller companies Dec 13, 2017 10:15 AM IST

    Govt to relook into insolvency provisions to help bids for smaller companies

    In order to help smaller companies the government is reviewing the insolvency provisions, including recent amendments barring defaulting promoters from bidding for their own assets undergoing insolvency.

  • No loan waiver for capitalists, says Arun Jaitley Nov 28, 2017 04:27 PM IST

    No loan waiver for capitalists, says Arun Jaitley

    In a blog, Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by banks.

  • Dept of Fin Services to soon chart out plans for PSBs' loan growth, insolvency scheme Nov 13, 2017 02:57 PM IST

    Dept of Fin Services to soon chart out plans for PSBs' loan growth, insolvency scheme

    Bankers have advocated the idea of differentiated lending to ensure they focus on their strengths relating to their locations and expertise and not be worried about competition.

  • PSU Banks may get Rs 70,000 cr through recap bonds this fiscal Nov 05, 2017 04:15 PM IST

    PSU Banks may get Rs 70,000 cr through recap bonds this fiscal

    Last month, Finance Minister Arun Jaitley had announced an unprecedented Rs 2.11 lakh crore two-year road map for strengthening public sector banks. The plan included re- capitalisation bonds of Rs 1.35 lakh crore.

  • Good banker can smell bad loans: CVC to banks Nov 03, 2017 04:27 PM IST

    Good banker can smell bad loans: CVC to banks

    Addressing an event here, he said over 95 per cent of the fraudulent activities were reported from the financial sector, including banks, insurance companies and cooperative societies.

  • Axis Bank laggard, non-prudent in recognising NPAs: Moody's Oct 26, 2017 03:16 PM IST

    Axis Bank laggard, non-prudent in recognising NPAs: Moody's

    At its earnings update on October 17, Axis Bank, which is rated Baa3 with a stable outlook by Moody’s, reported a 24% quarter-on-quarter increase in NPAs driven largely by a Rs 8,100-crore fresh slippages in the corporate front.

  • Debt-ridden Jaypee Infratech could raise Rs 2,000 cr to complete projects Sep 21, 2017 12:24 PM IST

    Debt-ridden Jaypee Infratech could raise Rs 2,000 cr to complete projects

    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.

  • NPAs to touch 10.5% by March as banks recognise entire stress Sep 14, 2017 03:01 PM IST

    NPAs to touch 10.5% by March as banks recognise entire stress

    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.

  • Big defaulters responsible for higher NPAs of banks: Arun Jaitley Sep 11, 2017 08:01 AM IST

    Big defaulters responsible for higher NPAs of banks: Arun Jaitley

    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.

  • What changed for the market while you were sleeping? 20 things you should know Sep 08, 2017 08:05 AM IST

    What changed for the market while you were sleeping? 20 things you should know

    A look at top cues from the domestic and international markets that could have a bearing on D-Street today.

  • Banks must file for bankruptcy after three months of recovery effort: Viral Acharya Aug 23, 2017 10:22 PM IST

    Banks must file for bankruptcy after three months of recovery effort: Viral Acharya

    The RBI Deputy Governor said that banks should engage in renegotiation much before default has actually taken place.

  • Pace of NPAs highest in Q1 in 5 quarters; IOB, IDBI bank top charts while Yes Bank is lowest Aug 18, 2017 11:06 AM IST

    Pace of NPAs highest in Q1 in 5 quarters; IOB, IDBI bank top charts while Yes Bank is lowest

    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.

  • Rising NPAs in MSME sector in West Bengal worrisome: SBI Aug 10, 2017 03:57 PM IST

    Rising NPAs in MSME sector in West Bengal worrisome: SBI

    "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.

  • Indian Bank sets under-5% gross NPA target by March Aug 07, 2017 08:26 AM IST

    Indian Bank sets under-5% gross NPA target by March

    The Chennai-based lender is also targeting to improve its net interest margin to 3 per cent from 2.79 per cent now.

  • Bandhan Bank Q1 net rises 35% at Rs 327 cr Jul 27, 2017 03:17 PM IST

    Bandhan Bank Q1 net rises 35% at Rs 327 cr

    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.

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