Feb 16, 2021 03:47 PM IST
However, the one-time COVID-19 restructuring window, and the micro, small and medium enterprises (MSME) restructuring scheme offered by the Reserve Bank of India (RBI) will limit the reported gross non-performing assets (GNPAs).
- Jan 30, 2021 07:14 PM IST
The Economic Survey 2021 warned that yet another round of asset quality review is required to assess the actual extent of NPAs in the system.
- Jan 28, 2021 02:56 PM IST
This is because the Reserve Bank of India rules require banks to follow NPA classification at a borrower level and not at a product level.
- Jan 28, 2021 12:19 PM IST
Axis bank is making provisions from its earnings, but proceedings may yet not be initiated due to the SC order which has stayed NPAs during the pandemic
- Jan 04, 2021 01:01 PM IST
There is no debt forgiveness in loan write-offs. It is an accounting practice followed by banks
- Nov 11, 2020 06:47 PM IST
According to the report, only about Rs one lakh crore worth corporate loans may opt for debt restructuring as against the earlier estimate of Rs 7 lakh crore
- Nov 03, 2020 12:52 PM IST
The move comes after the private lender sold bonds held in DHFL to raise Rs 500 crore and reduce exposure to the troubled NBFC
- Oct 14, 2020 06:15 PM IST
The had announced a moratorium on repayment of term deposits for 3 months citing COVID-19 pandemic in March. Later it was extended till August 31 to give borrowers more time to clear payments of EMIs, without being classified as NPAs.
- Sep 14, 2020 06:28 PM IST
"As per Reserve Bank of India (RBI) data on domestic operations, NPAs of scheduled commercial banks pertaining to large industry and services have come down to Rs 4,36,492 crore as on June 30, 2020 (provisional) from Rs 6,35,971 crore as on March 31, 2018, registering a decline of 31 percent," Thakur said in a written reply to the Lok Sabha.
- Sep 03, 2020 07:40 PM IST
The SC’s order may give temporary relief to those corporate borrowers who are on the verge of a default. The next hearing will be on September 10
- Sep 01, 2020 03:27 PM IST
India’s GDP collapsed 24 per cent in the first quarter. The sharp contraction indicates the impact on the banking sector will be huge
- Aug 10, 2020 10:35 PM IST
A ray of hope can be ascribed to the fact that now with improved capitalisation of public sector banks, there could be a decline in contagion losses to the financial system.
- Jul 20, 2020 12:11 PM IST
Reasons for India’s NPA crisis are well known. However, this is probably the first time a former RBI governor has launched such a scathing attack on the central bank criticising the inefficiency and laxity to monitor the build-up of bad loans in the system.
- Jul 10, 2020 07:23 PM IST
These five banks-- HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank--collectively control a quarter of the system and three-fourths of the private banking space, according to a report by India Ratings on Friday.
- Jun 03, 2020 03:44 PM IST
This will be applicable for NPAs (non-performing assets) after March 25. This was one of the proposals Finance Minister Nirmala Sitharaman had announced in her series of press conferences on the Rs 20 lakh crore economic package.
- May 28, 2020 05:45 PM IST
The impact of forced lending on banks' impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), depending on the severity of stress and banks' individual risk exposures and the higher regulatory provisions, Fitch Ratings said in the report on Thursday.
- May 14, 2020 07:05 PM IST
Collateral-free loans carry a risk of companies misusing the government scheme in collusion with local bank officials and politicians.
- Apr 16, 2020 01:58 PM IST
For credit flow to remain smooth, public-sector banks need to be recapitalised adequately or issue a promise of capital, so that the banks are able to provide for the impending surge in NPAs
- Jan 08, 2020 01:20 PM IST
While ‘auctioning’ a distressed bank is a bit of a stretch, RBI could very well consider playing the role of a matchmaker to merge weak banks with stronger ones.
- Dec 27, 2019 06:44 PM IST
"This is primarily due to change in macroeconomic scenario, marginal increase in slippages and the denominator effect of declining credit growth," the central bank noted.
- Dec 04, 2019 04:11 PM IST
The loans would be sanctioned to states at cost plus a nominal fee to clear dues worth Rs 67,237 crore owed to gencos till August-end.
- Nov 28, 2019 10:45 AM IST
Geared towards non-farm income-generating activities, lack of due diligence and poor monitoring of these loans is the latest worry for the already stressed banking sector.
- Nov 26, 2019 02:51 PM IST
Jain said that microfinance institutions must broaden their client outreach.
- Oct 27, 2019 09:58 AM IST
Axis Bank, Kotak Mahindra Bank expect higher slippages, Bandhan Bank looks to ramp up home loan portfolio
- Sep 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.