Chinese banks bad loan ratio goes up in Q2 ?

Last Updated: Monday, August 10, 2015, 21:04

Chinese banks bad loan ratio has increased by 1.5 per cent at the end of June, 0.11 per cent higher than March with the value of outstanding non- performance loans went up by USD 17.6 billion, the communist giant's banking regulator said.

ICICI to lend home loans at base rate for rural borrowers

Last Updated: Monday, August 10, 2015, 16:24

The largest private lender ICICI Bank Monday said it will offer loans of up to Rs 15 lakh at base rate -- the minimum lending rate -- in rural areas.

Stressed loans to add $16 billion to Indian banks' capital needs

Last Updated: Thursday, August 6, 2015, 13:34

Most state-run lenders have high levels of bad loans and their shares are trading below their book values.

World Bank unveils new conditions for loans

Last Updated: Wednesday, August 5, 2015, 17:42

The World Bank unveiled Tuesday a set of new social and environmental rules for its 188 member nations to receive financial assistance.

IDFC to set aside additional Rs 2.5K cr as special reserve

Last Updated: Friday, July 31, 2015, 20:42

IDFC on Friday said government's moves on gas and power sector have not had desired impact and it is forced to create a special reserve of Rs 4,500 crore to cover expected losses from power sector loans, which will ring-fence its soon-to-be-launched universal bank.

China mulls financing guarantee fund for SMEs to boost support

Last Updated: Friday, July 31, 2015, 19:04

China on Friday said it will set up a national financing guarantee fund for bank loans to small and medium firms in its latest effort to boost financial support as the world's second-largest economy grapple with a slowdown.

Govt seeks Parliament nod for Rs 25,500 cr additional spending

Last Updated: Friday, July 31, 2015, 16:38

The Finance Ministry on Friday sought Parliament's nod to spend an additional Rs 25,500 crore in the current fiscal, nearly half of which will be spent on capital infusion into state-owned banks to help them overcome the high bad loans situation.

ICICI Bank Q1 net rises 12% to Rs 2,976 cr

Last Updated: Friday, July 31, 2015, 12:45

The gross non-performing assets (NPAs) as a percentage of total advances of the bank rose to 3.68 percent during the quarter under review from 3.05 percent in the same quarter last fiscal.

Dena Bank net plummets 81% as bad loans jump in Q1

Last Updated: Thursday, July 30, 2015, 15:49

Mid-sized public sector lender Dena bank on Thursday said its net profit for the June quarter plunged 81.4 percent to Rs 15.16 crore on account of higher operating expenses as well as provisioning for bad loans.

BoB Q1 net down 23% at Rs 1,052 cr on bad loans, wage revision

Last Updated: Thursday, July 30, 2015, 14:07

State-run Bank of Baroda Thursday reported 22.74 percent decline in net profit at Rs 1,052.15 crore during the first quarter ended June 30, on higher provision for bad loans and wage revision.

RBI says 'watchful' of banks' bad loans levels

Last Updated: Wednesday, July 29, 2015, 10:01

Reserve Bank of India Deputy Governor S. S. Mundra said the latest April-June earnings from state-owned lenders showed "stability" in terms of non-performing assets (NPAs), but added the central bank would remain "watchful."

PNB identifies 400 wilful defaulters; to sell Rs 3,000 crore NPAs

Last Updated: Tuesday, July 28, 2015, 16:59

Saddled with bad loans, PNB on Tuesday said it has reported to RBI 400 'wilful defaulters', and plans to sell Non Performing Assets worth up to Rs 3,000 crore to ARCs in the current fiscal.