Clean up balance sheets, you have all powers to deal with wilful defaulters: FM Jaitley to banks
Finance Minister Arun Jaitley Monday asked state-owned banks to clean up their balance sheets at the earliest, stressing that they have all the powers to deal with wilful defaulters.
Nov 23, 2015, 22:28 PM IST
ICRA says NPAs under control, pegs it down at 5.5% from 5.9%
The days of continuously rising bad loans are over for the banks and they are set for revival with an improvement in their gross stressed assets, says rating agency ICRA.
Nov 23, 2015, 20:38 PM IST
'Bad loans pricing and scope of recovery to determine NPAs sale'
The quantum of recoveries from bad loans is going to determine the appetite of asset restructuring companies' (ARCs) to buy such stressed assets, says a report.
Nov 08, 2015, 12:37 PM IST
NPA problem to continue for next 2-3 quarters: PSBs to FinMin
Facing mammoth NPAs, PSU banks Wednesday said the problem of poor asset quality "may continue" for another 2-3 quarters as the Finance Ministry took stock of issues, including the alleged Rs 6,100-crore black money remittance case involving Bank of Baroda, facing them.
Oct 21, 2015, 22:52 PM IST
ICRA sees NPAs jumping to 5.9% by March from 4.4% in FY15
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.
Aug 26, 2015, 21:24 PM IST
Worst is over on asset quality: SBI
Country's largest lender SBI Tuesday said its worst asset-quality woes are behind it, expressing confidence that the situation will only improve going forward.
Aug 11, 2015, 22:29 PM IST
RBI says 'watchful' of banks' bad loans levels
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."
Jul 29, 2015, 10:01 AM IST
ICRA sees NPAs soaring by up to 1.50% to 5.9% this fiscal
Domestic rating agency ICRA today said gross NPAs in the system may jump up to 5.9 percent this fiscal from 4.4 percent despite economic growth because of lagged recognition of bad assets which is resulting in slippage of more restructured accounts into dud loans.
Jun 08, 2015, 22:36 PM IST
RBI gives more leeway to banks on NPAs sales
The Reserve Bank Thursday extended the time-frame to spread over the shortfall arising out of sale of bad assets to securitisation companies/asset reconstruction companies at a price below the net book value, to March 2016.
May 21, 2015, 22:45 PM IST
Over Rs 3,350-cr worth NPAs with Union Bank of India
Union Bank of India has Non-Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.
Jul 28, 2014, 17:46 PM IST
