FinMin to meet bank officials on March 21 on loan recovery
The finance ministry has convened a meeting of senior bankers of public lenders dealing with large loan defaults next week as part of an exercise to clean up balance sheet of banks.
Mar 16, 2016, 16:42 PM IST
Vijay Mallya loan case: All wilful defaulters to be brought to justice, says govt
Minister of State for Finance Jayant Sinha said wilful defaulters and the corporates that are unable to repay loans as their business being hit due to global slowdown should not be commingled.
Mar 13, 2016, 17:22 PM IST
I'm being victimised, won't return to India now: Vijay Mallya
Liquor baron Vijay Mallya on Sunday claimed that the banks gave him loans after evaluating all aspects, adding that he is not trying to run to evade law enforcement agencies but is on a personal visit.
Mar 13, 2016, 10:18 AM IST
Don't want to overstate bad loan crisis, says FM Jaitley
Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and RBI Governor Raghuram Rajan on Saturday cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.
Mar 12, 2016, 15:42 PM IST
King of bad times: This is how much Vijay Mallya owes banks!
From a 'Sweetheart deal' of $75 million with Diageo turning sour to the Supreme Court issuing notice, nothing seems to be right for the once 'King of good times' Vijay Mallya.
Mar 09, 2016, 17:22 PM IST
Vijay Mallya loan case: Banks must recover last pie lent to corporates, says Arun Jaitley
As the group of PSU banks moved Supreme Court to restrain Vijay Mallya from traveling abroad, Finance Minister Arun Jaitley Tuesday threw his weight behind the lenders, saying each penny lent must be recovered.
Mar 08, 2016, 23:41 PM IST
PSU banks' NPAs rise by Rs 1 lakh crore in 9 months of FY'16: FM Jaitley
Bad loans of public sector banks (PSBs) have increased by nearly Rs 1 lakh crore during the first nine months of the current fiscal, Finance Minister Arun Jaitley said Tuesday.
Mar 08, 2016, 19:21 PM IST
SBI demands to Forfeiture Vijay Mallya's passport
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Mar 03, 2016, 11:10 AM IST
CBI blasts banks for Kingfisher fraud, registers complaint
Zee Media Bureau
Mar 03, 2016, 10:24 AM IST
Why are taxpayers bearing the brunt of banks' irresponsibility? - Part II
Big defaulters of Bank should be punished.
Watch penal discussion on this sizzling issue here.
Why are taxpayers bearing the brunt of banks' irresponsibility?
Big defaulters of Bank should be punished.
Watch penal discussion on this sizzling issue here.
27 PSU banks write off Rs 1.14 lakh cr bad debts during 2012-15
A whopping Rs 1.14 lakh crore of bad loans have been written off by 27 public sector banks (PSBs) during FY 2012-15, with the last fiscal alone witnessing a steep 53 percent rise in write-offs as part of the balance sheet clean-up.
Feb 08, 2016, 22:00 PM IST
Love's in the air! This 'Romeo' applies for loan to celebrate Valentine's Day
Zee Media Bureau
New Delhi: Truly, love's in the air as February 14 approaches and what would love-birds not do to celebrate Valentine's Day, the day of love.
Feb 08, 2016, 19:13 PM IST
Rs 1 lakh crore disbursed in loans for small businesses: Amit Shah
Narendra Modi government has ensured that more than Rs one lakh crore in loans is disbursed to micro units and enterprises in just one financial year, BJP president Amit Shah Sunday said as he termed it as a big "success" in providing self employment to people.
Jan 31, 2016, 20:35 PM IST
ECB loans 18.3 bn euros to banks at ultra-cheap rates
The European Central Bank said Friday it lent around 18.3 billion euros ($20 billion) to 55 banks in a sixth round of special liquidity measures aimed at reflating the eurozone economy.
Dec 11, 2015, 23:00 PM IST
Raghuram Rajan expects banks to clean up bad loans by March 2017
Reserve Bank of India Governor Raghuram Rajan said on Tuesday he expects bad debt-burdened banks to clean up their balance sheets by March 2017, warning the central bank would monitor whether concessions made to lenders were being misused.
Dec 01, 2015, 20:04 PM IST
Full Text: Fifth Bi-monthly Monetary Policy Statement 2015
Read the Full text of RBI policy.
Dec 01, 2015, 12:26 PM IST
RBI offers no EMI relief to borrowers, keeps interest rates unchanged
The Reserve Bank of India (RBI) on Tuesday kept interest rates unchanged at its bi-monthly monetary policy review amid lingering concerns over inflation, after having already cut the repo rate by a sharper 50 basis points at its last meet.
Dec 01, 2015, 10:59 AM IST
Vijay Mallya in talks with banks to clear Kingfisher Airlines dues
Kingfisher Airlines chairman Vijay Mallya on Tuesday claimed that he was in talks with banks to settle dues of the defunct airline, saddled with a whopping Rs 8,700 crore loan.
Nov 24, 2015, 21:54 PM IST
RBI includes Bandhan Bank in second schedule list
Reserve Bank on Thursday said that newly launched Bandhan Bank has been included in the second schedule list, making it eligible for loans from the central bank at bank rate.
Nov 05, 2015, 22:26 PM IST
