RBI proposes to reduce bank's exposure in corporate house
With an aim to reduce risk in the banking sector, RBI has proposed to limit exposure of a bank to a business group to 25 percent of its capital, down from the existing level of 55 percent.
Mar 28, 2015, 18:22 PM IST
UBI silent march on NPAs
The top management and employees of the state-owned United Bank of India (UBI) would take out a silent march in the city tomorrow to create awareness about the rising levels of NPAs in the banking system.
Mar 21, 2015, 14:47 PM IST
Punjab & Sind Bank profit down 42% at Rs 58 crore
However, operating profit of the bank declined to Rs 161.29 crore as against Rs 190 crore in the year-ago period.
Feb 06, 2015, 18:29 PM IST
SBI chief for innovative lending to contain NPAs
With non-performing assets from large corporates at worryingly high levels, State Bank of India Chairperson Arundhati Bhattacharya Monday said lenders should be innovative in tailoring their products.
Jan 12, 2015, 17:42 PM IST
Need to clean up bad debts in banks within a year: Raghuram Rajan
Total Gross Non Performing Assets of public sector banks stood at over Rs 2.43 lakh crore as on end-September 2014. The top 30 NPAs account for Rs 87,368 crore or 35.9 per cent of total gross NPAs of PSBs.
Jan 03, 2015, 21:02 PM IST
FM discusses steps to control rising NPAs with PSU bank chiefs
Concerned over rising bad loans, Finance Minister Arun Jaitley today discussed with PSU bank heads ways to bring down the incidence of Non-Performing Assets (NPAs).
Nov 20, 2014, 13:43 PM IST
Kingfisher Airlines loan default only a 'trickle': Vinod Rai
Rai has also stressed the need to understand the trend of non-performing assets of private sector banks being very low in comparison to that of public sector lenders.
Sep 14, 2014, 12:58 PM IST
Gross NPAs of PSU banks to be about 4.4% in FY'15: ICRA
PSU banks' gross NPAs are to be at 4.4-4.7 percent as on March 31, 2015, as against 4.4 percent as on March 31, 2014 and 4.6 percent as on June 30, 2014, said the ICRA report.
Sep 04, 2014, 20:43 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
Central Bank to sell 4% stake to LIC for Rs 581 cr
The government has earmarked only Rs 11,200 crore for fund infusion into public sector banks this current fiscal, down from Rs 14,000 crore last fiscal.
Jul 27, 2014, 11:54 AM IST
Worst behind banking industry on NPA front: Kochhar
Reserve Bank Governor Raghuram Rajan had also said last week that the most immediate problem confronting the banking system was that of rising level of stressed assets.
Jul 13, 2014, 14:50 PM IST
Economic Survey 2013-14: Growth of NPAs is a cause for concern
The four-fold rise in bad loans over the past two years, mainly of public sector banks is a matter of concern and steps are being taken to improve the situation, the Economic Survey said.
Jul 09, 2014, 15:46 PM IST
