Bank loan: Revenue Recovery Adalats to be conducted

Last Updated: Sunday, December 23, 2012, 17:52

District Level Review Committee (DLRC) of the banks in Ernakulam district has decided to conduct Revenue Recovery Adalats in all taluks during January- February 2013 for the settlement of bank loans.

Banks recasting Rs 1,300 cr loan to Goa mining sector

Last Updated: Monday, December 10, 2012, 18:21

Following the go-ahead by the Reserve Bank, banks have begun restructuring the loans worth around Rs 1,300 crore given to iron ore miners and other stakeholders such as truckers and shipping lines.

Bank loan hitch: PM asks Road Ministry to approach EAC

Last Updated: Thursday, December 6, 2012, 16:52

Amid concerns over the reluctance by banks to give loans to infrastructure projects, Prime Minister Manmohan Singh has asked the Road Transport and Highways (RTH) Ministry to address the matter to the PMEAC so that the issue can be resolved.

Bad loans of PSBs rise to Rs 1.12 lakh cr in 2012

Last Updated: Sunday, November 11, 2012, 12:45

Non-performing assets of public sector banks rose to Rs 1,11,664 crore in 2012 from Rs 52,807 crore in 2003, data from the Reserve Bank of India said.

Corporation Bank loan exposure to Kingfisher at Rs 160 crore

Last Updated: Tuesday, November 6, 2012, 11:59

Corporation Bank has said that its loan exposure to the financially troubled Kingfisher Airline was about Rs 160 crore and it is hopeful of the recovery.

$426-mn loan pacts signed with World Bank

Last Updated: Monday, November 5, 2012, 19:47

It is aimed at enhancing the road connectivity in the state by assisting the Public Works Road Department to improve and effectively manage its road network, said the statement.

World Bank gives Tajikistan $38 mn

Last Updated: Sunday, November 4, 2012, 10:00

The World Bank will give Tajikistan $38 million in two grants to plug budget gaps and help improve the tax system.

Syndicate Bank aims for 15% loan growth in 2012-13

Last Updated: Saturday, October 20, 2012, 21:46

In 2011-12, Udupi-based public sector lender's global advances grew by 15.94 percent to Rs 1,25,617 crore.

Restructured loan of banks to touch Rs 3.25 trillion by FY13 end

Last Updated: Thursday, August 30, 2012, 15:14

Rating agency Crisil on Thursday said the restructured portfolio of country's banks will touch Rs 3.25 trillion or around 5.7 percent of banks' advances by end of the fiscal.

Loan default rate to exceed 3.5%, expects crisil

Last Updated: Thursday, July 12, 2012, 19:43

Rating agency Crisil, which has provided loan rating to 10,000 companies, expects default rate to exceed 3.5 percent of outstanding loans in the coming days owing to high interest rates and slowdown in economic growth.

Bihar to seek WB loan

Last Updated: Wednesday, June 13, 2012, 16:16

Bihar government will seek loan from World Bank to provide training to school teachers.

No relief to bank loan defaulters: Govt

Last Updated: Friday, May 18, 2012, 14:27

Ruling out any relief to bank loan defaulters owing Rs one crore and above, government on Friday said all efforts will be made to recover the dues from such companies and individuals.