
India should build an early warning system (EWS) in the post-disbursement phase and enhance loan recovery procedures rather than continuously…
IDBI Bank Ltd.’s chief executive officer said the lender is likely to recoup Rs 195 billion ($2.4 billion) on soured…
Shares of HDFC were trading 1% higher on Friday at Rs 2,360 per share.
In a series of tweets, the ministry said finance minister Nirmala Sitharaman on Monday reviewed the progress in setting up…
However, the panel, in a report tabled in Parliament on Tuesday, noted that the banking system appears to have absorbed…
The bank now prefers global auctions of bad loans over Swiss challenges as they maximise recoveries, he added.
The bad loan pile is expected to stabilise by the end of this quarter, Crisil Ratings said in the report…
If it works as intended, Bad Bank may help cut system-wide bank NPAs (non-performing assets) by over 1%, and help…
Govt won’t infuse capital into the proposed entity, banks will; yet, govt expected to give guarantee on the security receipts…
Recoveries were better in the fiscal second quarter, helping in improving the asset quality of banks.
The Department of Financial Services of the ministry on Friday issued a circular that laid the guidelines for financial institutions…
The Scheme for Sustainable Structuring of Stressed Assets (S4A) will cover those projects which have started commercial operations and have…
India’s Finance Minister Arun Jaitley said on Monday that state bankers would propose a mechanism to reach “commercially prudent” loan…
Chinese banks saw their bad loans rise in the first quarter due to the slowing down of the world’s second…
The combined net loss of 20 public sector banks (PSB) stood at Rs 16,272.34 crore for the fourth quarter ended…
Credit offtake to industry, which has seen decline in the recent past due to slowdown in certain sectors and issues…
The magnitude of the debt-mess was laid bare late last month when two of India’s largest private sector lenders provided…
While refusing to share the entire database of large loans with the government, the central bank will provide details as…
FinMin seeks views on setting up external committee to approve one-time NPA settlement applications of PSBs.
A bench led by Chief Justice T S Thakur said that a “sensible and sensitive” approach is required to overhaul…
RBI has dropped 20 companies including Jaiprakash Associates Ltd and Coastal Energen Pvt Ltd from the initial list of 150…
At a time when Indian banks are battling the bad loan menace, global banking regulators’ body BIS has proposed a…
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