Fitch may revise banks' rating if recapitalisation done early
In October, the government had announced a Rs 2.11 trillion capital infusion for public sector banks over the next two years.
Nov 30, 2017, 16:04 PM IST
Banks need to set aside Rs 3.3 lakh crore as NPA provisioning in FY18
The report said with the economic value of assets underlying NPAs eroding with time, and resolutions are hard to come by, banks would need to step up on provisioning, mainly for large corporate NPAs.
Oct 12, 2017, 21:15 PM IST
Credit growth plunges to over 60 year low at 5% in FY17
For the year to March, banks' outstanding credit stood at Rs 78.81 trillion compared to Rs 75.01 trillion as of April 1 2016, show the central bank data.
Apr 16, 2017, 17:17 PM IST
Credit growth up 11%, but still lags deposits at 13%
After remaining sub-10 percent for two consecutive fortnights, bank credit grew 11 percent to Rs 62,69,007 crore for the fortnight ended October 3, according to RBI data.
Oct 15, 2014, 19:10 PM IST
