September 11, 2019 05:22 PM IST MoS Finance Anurag Thakur said that banks should treat the Insolvency and Bankruptcy Code as the last resort for resolution of stressed assets and approach the NCLT only when other options have been explored.
July 30, 2019 01:32 PM IST This despite improvement in asset quality, with a decline in the number of non-performing assets
May 16, 2019 12:09 PM IST The amount reflects the magnitude of the issue of non-performing assets (NPAs) in the banking sector.
April 04, 2019 03:18 PM IST The central bank will issue a revised circular to ensure expeditious and effective resolution of stressed assets.
March 12, 2019 01:02 PM IST Lenders are demanding complete cash payments through ARC sales to try and ensure their provisioning burden does not go up
March 05, 2019 10:03 AM IST Delinquencies in this segment are higher for public sector banks than private sector lenders because of the former's focus on priority lending targets
January 24, 2019 01:31 PM IST Bankers are getting "impatient" as cases under the Insolvency and Bankruptcy Code (IBC) are moving slower than expected.
January 02, 2019 11:25 AM IST The share of frauds in banks under the prompt corrective action framework far outweighs their share of total bank capital dedicated to operational risk
December 28, 2018 10:09 PM IST On the banking sector, Dutt said PSU banks may start seeing better lending practices and recovery in non-performing assets (NPAs)
December 13, 2018 03:10 PM IST Around 16-20 big defaulters each owe the community over Rs 200 crore
December 12, 2018 05:15 PM IST Till November 2018, government has infused close to Rs 22,900 crore in seven PSBs.
December 07, 2018 09:16 AM IST For now, lenders have rejected Ruias' offer and approved the bid by ArcelorMittal Rs 42,000 crore - with an additional Rs 8,000 crore equity infusion into Essar Steel
November 27, 2018 06:36 PM IST Rana Kapoor has reached out to the second largest shareholder Madhu Kapur to arrive at a consensus to appoint members on the board.
November 27, 2018 08:49 AM IST SBI, Bank of Baroda, Dena Bank and Andhra Bank will sell a large part of their NPAs to accounts undergoing resolution at various insolvency courts
November 25, 2018 11:30 AM IST The bank has invited expressions of interest (EoIs) from ARCs for the sale of its non-performing assets (NPAs) by November 30, according to the tender document
November 15, 2018 11:21 AM IST SEBI reportedly sent at least two requests seeking information to use as evidence in its ongoing investigations
November 13, 2018 08:37 PM IST Net NPAs for 36 banks have reduced by Rs 18,921 crore in the three months from July to September. During the same period, gross NPAs have reduced by a mere Rs 5870 crore
November 12, 2018 05:30 PM IST The debt figure does not include several major provisions. Bank NPAs are one of them.
November 12, 2018 03:40 PM IST Arcil has made an application to the RBI (Reserve Bank of India) involving a transfer of shares from existing shareholders including Singapore sovereign fund GIC, First Rand Bank, Barclays, IDFC Bank and Karur Vysya Bank
November 12, 2018 03:35 PM IST Capitalmind's Prashanth Krish talks about capital-starved banks and tackling the problem of non-performing assets in the banking sector
November 09, 2018 07:37 PM IST Bankers also await the Supreme Court verdict starting November 13 when it will hear a case filed by the power producers' association against the RBI's February 12 circular
November 04, 2018 11:00 AM IST Of these 11 accounts, Janki Corp Ltd has the highest outstanding dues of Rs 592.53 crore
October 15, 2018 11:44 AM IST The board has also recommended that Kapoor not be paid any bonuses for FY17 and FY18 either
October 14, 2018 01:26 PM IST In a boost to weaker banks, RBI Deputy Governor Viral Acharya pointed out, in a speech at IIT Bombay, that the prompt corrective action had restricted additional losses at the 12 lenders under its framework
October 13, 2018 06:12 PM IST It is often seen that banks are slower in passing on the repo rate cut to lending rates but are quick to pass on the hikes
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Get Annual plan at only Rs 289. 