Public sector banks' NPAs would come down gradually: FM

Last Updated: Tuesday, May 26, 2015, 22:28

Finance Minister Arun Jaitley on Tuesday said non performing assets of public sector banks would come down gradually over the next two-three quarters.

RBI to soon set up Central Fraud Registry

Last Updated: Sunday, May 24, 2015, 10:46

The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.

FM Jaitley to soon meet PSU bankers on NPA, stake sale issues

Last Updated: Tuesday, May 19, 2015, 12:56

Finance Minister Arun Jaitley will meet PSU bankers to discuss stake sale plans and the problem of rising bad loans which have crossed a staggering Rs 2.5 lakh crore.

Dena Bank net plunges 70% as bad loans & wage provisions soar

Last Updated: Friday, May 15, 2015, 19:25

Dena Bank shares closed 2.88 percent up at Rs 51.85 apiece on the BSE.

No financial crisis risk, but bad loans still a problem: Raghuram Rajan

Last Updated: Thursday, May 14, 2015, 21:37

Raising concern over rising bad loans at some banks, RBI Governor Raghuram Rajan Thursday said there was no danger of any financial crisis but it may be early to declare that the worst was over on the NPA front.

No financial crisis risk, but bad loans still a problem: Rajan

Last Updated: Thursday, May 14, 2015, 20:24

Raising concern over rising bad loans at some banks, RBI Governor Raghuram Rajan on Thursday said there was no danger of any financial crisis but it may be early to declare that the worst was over on the NPA front.

ICRA expects NPAs to cross 5% in FY16

Last Updated: Wednesday, May 13, 2015, 18:16

ICRA expects economic growth to improve modestly to 7.6-7.8% in 2015-16 from 7.3% in 2014-15.

Bad loans to rise to Rs 4 lakh cr for banks: Crisil

Last Updated: Tuesday, May 12, 2015, 23:46

Asset quality woes of banks may turn worse for banks, with their gross non-performing assets (NPA) expected to rise by Rs 60,000 crore in the current fiscal to Rs 4 lakh crore, credit rating firm Crisil said Tuesday.

17 projects turn non performing assets: Govt

Last Updated: Tuesday, May 12, 2015, 18:19

About 23 percent of the 74 projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.

Loans worth Rs 54,000 cr granted by public banks turned NPAs

Last Updated: Tuesday, May 12, 2015, 17:17

About 23 percent of the projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.

Asset quality woes not over for banks; GNPAs to rise: Crisil

Last Updated: Tuesday, May 12, 2015, 15:06

The scheme allows banks to refinance or sell long-term project loans after every five years. For banks to avail such a facility, the loan tenor cannot be more than 25 years.