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.

Punjab National Bank Q4 net profit plummets 62% to Rs 306 crore

Last Updated: Friday, May 8, 2015, 13:26

State-run lender Punjab National Bank on Friday reported a whopping 62 percent decline in its standalone net profit to Rs 306.56 crore in the fourth quarter ended March 31.

RBI's new mechanism for banks to check loan frauds

Last Updated: Thursday, May 7, 2015, 22:16

The RBI on Thursday put in place a new framework to check loan frauds including by way of early warning signals at banks and red flagging of accounts, while swindlers will have no access to further banking finance.

United Bank of India Q4 net down 77% at Rs 104 cr

Last Updated: Thursday, May 7, 2015, 18:29

State-run United Bank of India on Thursday posted a steep 77.7 percent fall in net profit at Rs 104.78 crore for the last quarter of 2014-15 financial year due to rise in bad loans.

DCB Bank shares surge nearly 10% as Q4 net rises

Last Updated: Wednesday, April 15, 2015, 12:48

Shares of DCB Bank on Wednesday surged nearly 10 percent after the company reported a 61 percent rise in March quarter net profit.

JPMorgan says banks may be making 'bad loans' as LBOs boom

Last Updated: Wednesday, April 15, 2015, 09:24

JPMorgan Chase & Co is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview.

Central Bank tops list with highest NPAs among PSU banks

Last Updated: Sunday, April 5, 2015, 13:31

According to the data provided by the RBI to the Finance Ministry, Central Bank of India's 21.5 per cent assets are either bad or have been restructured to save them turning non-performing assets (NPAs).