Last Updated: Friday, April 17, 2015, 20:28
Concerned over rising bad loans in the infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks on April 28 to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.
Last Updated: Wednesday, April 1, 2015, 20:14
Prime Minister's trophy for the 'Best Performing Integrated Steel Plant' was on Wednesday conferred on Tata Steel.
Last Updated: Sunday, March 29, 2015, 11:26
The proposed institution, which will enable quick sharing of information on entities found to be defrauding banks, would work under the supervision of RBI, he said.
Last Updated: Monday, March 23, 2015, 15:49
Concerned over the rising number of loan default cases, the Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.
Last Updated: Friday, March 13, 2015, 17:51
The Non Performing Assets (NPAs) of the banks in the country stood at Rs 3,00,611 crore as on December 2014, government told Lok Sabha Friday, attributing the increase of NPAs to sluggishness in growth.
Last Updated: Wednesday, March 11, 2015, 22:01
In a boost to banks which are facing rising asset quality issues, the Reserve Bank Wednesday allowed such lenders to reverse the excess provision on sale of bad loans to their profit and loss account provided the transaction took place before February 26, 2014.
Last Updated: Tuesday, March 10, 2015, 00:08
With bad loans continuing to be a problem, ICICI Bank is reportedly planning to re-start a special vertical to handle such assets.
Last Updated: Monday, March 9, 2015, 15:03
NBFC, SARFAESI, Moody`s Investors Service, Union Finance Minister Arun Jaitley, Residential mortgage-backed securities,non-performing assets
Last Updated: Tuesday, March 3, 2015, 19:13
Stating that bad loans from education segment are very high, Reserve Bank deputy governor R Gandhi on Tuesday asked credit information companies (CICs) and banks to 'counsel' the youth on good credit behaviour.
Last Updated: Saturday, February 14, 2015, 19:16
India's second largest private lender HDFC Bank on Saturday reported 20.2 percent increase in net profit to Rs 2,794.5 crore for the third quarter ended December 31, driven by a surge in core interest earnings.
Last Updated: Friday, January 30, 2015, 15:22
On a standalone basis, the bank's post-tax net rose by a similar 14 percent to Rs 2,889 crore in the third quarter ended December 2014.
Last Updated: Tuesday, January 27, 2015, 22:58
The gross non-performing assets (NPAs) worsened to 5.08 percent as against 3.85 percent in the same period last year.
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