'Bank NPAs appear to be bigger scam than 2G scam'
Attacking the BJP-led Central government over loan waivers for corporates, CPI-M General Secretary Sitaram Yechury on Saturday said the unpaid loans owed by private companies to the nationalised banks was a scam "10 times bigger" than the 2G spectrum scandal.
Oct 15, 2016, 14:58 PM IST
RBI to come out with modified norms by October-end to effectively deal with NPAs
In order to effectively deal with high NPA problem, the Reserve Bank today said it will come out with a modified guidelines by month-end to allow portion of sustainable bad loans to be treated as a standard asset.
Oct 04, 2016, 20:16 PM IST
Government to begin fresh recapitalisation of ailing public sector banks
The Centre is likely to soon announce the first tranche of the Rs 25,000 crore capital infusion for public sector banks (PSBs), planned for this financial year (2016-17).
Jul 11, 2016, 09:14 AM IST
Indian banks' bad loans may rise to 8.5% by March 2017: RBI
Gross bad loans at Indian banks may rise to 8.5 percent of total assets by March 2017 from 7.6 percent in March 2016 if the central bank orders them to conduct a second round of asset quality reviews, a Reserve Bank of India (RBI) report said on Tuesday.
Jun 28, 2016, 17:40 PM IST
PSU banks to get more muscle to tackle bad loans
Public Sector Banks( PSUs) are going to get greater support from government in their struggle to recover bad loans.
Jun 06, 2016, 14:29 PM IST
RBI to soon release framework for large exposure of loans
Concerned over rising bad loans, the Reserve Bank will soon come out with a draft framework on large exposure of bank loans to corporates.
Apr 05, 2016, 15:32 PM IST
