Banks to witness bad-loans pressure in FY'16: Moody's

Last Updated: Tuesday, July 28, 2015, 15:40

State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.

Banks to witness bad-loans pressure in FY'16: Moody's

Last Updated: Tuesday, July 28, 2015, 15:40

State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.

Dena Bank to sell small ticket bad loans to ARCs

Last Updated: Tuesday, July 28, 2015, 11:56

For the first time, mid-sized state-run Dena Bank is planning to sell small ticket non-performing assets of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.

Govt releases Rs 11,281 crore for settling farm claims

Last Updated: Monday, July 27, 2015, 21:30

The government on Monday said it has released Rs 11,281 crore between April and July to NABARD to pay interest subvention claims to banks for short-term crop loans of up to Rs 3 lakh to farmers.

Indian Overseas Bank Q1 net down 94.56% at Rs 14.76 crore

Last Updated: Saturday, July 25, 2015, 15:32

Indian Overseas Bank (IOB) today reported 94.56 percent decline in net profit at Rs 14.76 crore for the quarter ended June 30, 2015, compared to the same period last year, on sharp increase in provisioning for bad loans.

Govt extends interest subvention on crop loans for farmers

Last Updated: Tuesday, July 21, 2015, 23:14

The government on Tuesday extended the interest subvention scheme to banks to ensure availability of crop loans of up to Rs 3 lakh to farmers at 7 percent per annum.

44 corporate borrowers owed over Rs 5K crore each to five PSBs

Last Updated: Tuesday, July 21, 2015, 17:25

The government on Tuesday said as many as 44 corporate borrowers had taken loans in excess of Rs 5,000 crore each from public sector banks as of March 2015.

HDFC Bank Q1 net jumps 21% to Rs 2,695.72 crore

Last Updated: Tuesday, July 21, 2015, 11:58

The bank's had earned a net profit of Rs 2,233.04 crore in the April-June quarter of 2014-15.

Federal Bank Q1 Net drops 36% at Rs 141 crore

Last Updated: Saturday, July 18, 2015, 18:47

Federal Bank on Saturday reported a 35.8 percent fall in its net profit at Rs 141.39 crore for the first quarter of 2015-16.

RBI concerned over cases against banks in Maha on farm loans

Last Updated: Tuesday, July 14, 2015, 22:12

Even as Maharashtra initiates criminal proceedings against some banks for "not" meeting farm loan target, Reserve Bank Tuesday defended them saying lenders have been doing a commendable job in agriculture sector.

SEBI working on reporting platform for debt securitisation: RBI

Last Updated: Tuesday, July 14, 2015, 11:42

India`s market regulator is working on a platform for reporting securitisation deals, Reserve Bank of India deputy governor R Gandhi said on Tuesday.

Eicher Polaris, Chola tie up for Multix vehicle finance

Last Updated: Monday, July 13, 2015, 19:06

Eicher Polaris and Cholamandalam Investment and Finance Co Monday announced a tie up for providing vehicle loans for the newly launched 'Multix' personal utility vehicle.