UBI looks to bring down gross NPA below Rs 6,000 cr

Last Updated: Friday, August 28, 2015, 17:33

The gross NPA level in percentage terms was around 9.5 percent.

ICRA sees NPAs jumping to 5.9% by March from 4.4% in FY15

Last Updated: Wednesday, August 26, 2015, 21:24

The banking sector is likely to end the current fiscal with increased gross non-performing assets (NPAs) at 5.3-5.9 percent, primarily due to the withdrawal of the regulatory forbearance on restructured advances by the Reserve Bank from this April, ratings agency Icra said Wednesday.

All-out efforts on to bring down PSU banks' NPA: Jaitley

Last Updated: Friday, August 21, 2015, 14:27

Jaitley was inaugurating 109 new branches and 109 Bunch Note Acceptors (BNA) on the Indian Bank Foundation Day.

Clear policies, project clearances key to NPA fight: Kochhar

Last Updated: Thursday, August 20, 2015, 23:04

ICICI Bank chief Chanda Kochhar Thursday said rather than blaming banks for shoddy diligence, predictable policies and "unshackling" stuck projects are the key to tackle the problem of bad loans.

Difficult to give fresh loans to NPA accounts: SBI

Last Updated: Thursday, August 20, 2015, 15:50

Country's largest lender State Bank of India on Thursday expressed concerns about giving fresh loans to accounts which have become non performing assets(NPA) and said the banks do not have any incentive by doing so.

Stressed loans to add $16 billion to Indian banks' capital needs

Last Updated: Thursday, August 6, 2015, 13:34

Most state-run lenders have high levels of bad loans and their shares are trading below their book values.

Rajan warns of action against banks hiding true NPA numbers

Last Updated: Tuesday, August 4, 2015, 22:02

Concerned over banks hiding their actual NPA numbers, RBI Governor Raghuram Rajan Tuesday said the central bank is "increasingly turning towards taking action" on such divergences.

RBI says 'watchful' of banks' bad loans levels

Last Updated: Wednesday, July 29, 2015, 10:01

Reserve Bank of India Deputy Governor S. S. Mundra said the latest April-June earnings from state-owned lenders showed "stability" in terms of non-performing assets (NPAs), but added the central bank would remain "watchful."

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.

Public sector banks should disclose details of bad debts: HC

Last Updated: Wednesday, June 24, 2015, 19:29

Public sector banks should disclose details of cases pertaining to persons and establishments whose bad debts of over Rs 100 crore have been written off, the Delhi High Court has held.

Allow IFCs to buy projects turning into NPAs: Assocham

Last Updated: Tuesday, June 16, 2015, 17:55

Government should allow infrastructure finance companies to buy projects that turn into non-performing assets, industry body Assocham said on Tuesday.