RBI for better strategies to deal with problem of bad loans

Last Updated: Thursday, June 11, 2015, 15:08

Reserve Bank on Thursday made a case for developing better strategies to deal with the problem of bad loans as hiding them would aggravate the situation for the banks as well as borrowers.

Re-capitalise state banks for economic prosperity: Expert

Last Updated: Wednesday, May 27, 2015, 15:19

India needs to privatise and change the character of its state-owned banks which have massive bad loans that have become a drag on economic growth, a leading financial expert said here.

Keeping fingers crossed on bad loans: FM Jaitley

Last Updated: Friday, May 22, 2015, 17:13

Terming NPAs at 5.2 percent as high, Finance Minister Arun Jaitley on Friday said it's too early to consider the improvement in the bad loan situation last quarter as a "turnaround" and was keeping his fingers crossed.

SBI Q4 net up 23% at Rs 3742 cr,to focus on recovery this year

Last Updated: Friday, May 22, 2015, 15:19

For the entire fiscal ended March 2015, SBI's net profit increased 20 percent to Rs 13,101.57 crore as compared to Rs 10,891.17 crore for the year ended March 2014.

SBI Q4 net profit up 23%, bad loan ratio down

Last Updated: Friday, May 22, 2015, 13:52

SBI reported a better-than-expected 23 percent increase in quarterly profit and a lower bad loan ratio, sending its shares more than 5 percent higher.

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.