The project owes Rs 8,215 crore to its lenders, including term loans of Rs 6,940 crore, working-capital loans worth Rs…
PNB has also put on sale 24 other bad-loan accounts worth an aggregate Rs 1,779 crore. Twelve of these are…
Both accounts, part of the RBI’s first list of large NPAs, have remained unresolved for 18 months
PS Jayakumar, managing director and chief executive officer, BoB, has also spoken of tapping into some prominent Asian markets.
As on September 1, Oliver Engineering’s principal outstanding was Rs 364 crore, while its interest overdue was `147 crore. In…
Company was also part of the RBI’s second list of NPAs. It also received a suspension notice from the NHAI…
The largest private bank by assets, HDFC Bank, too, admitted to facing repayment pressure in agri loans, even as it…
Seven months after the Supreme Court (SC) ordered the maintenance of status quo on insolvency proceedings against manufacturing firm Jayaswal…
Central Bank of India on Thursday sought bids for its 4% stake in Clearing Corporation of India (CCIL) to raise…
Dena Bank on Tuesday put on sale 84 non-performing assets (NPAs) worth `3,324 crore, inviting bids on full-cash basis or…
Indian Bank saw the steepest climb in write-offs that jumped 672% y-o-y to Rs 1,258 cr.
Interchange is the fee paid for an ATM transaction by the card-issuing bank to the bank owning the ATM, known…
Twenty-one listed state-owned banks together set aside 1.5 times more as provisions than the aggregate operating profit they made during…
Governments and regulators around the world are likely to persist in pushing for greater access to and control over their…
Value of outstanding loans on March 31 was Rs 2.02L crore, of which Rs 9,770 cr were NPAs.
Tepid sales of cars and bikes during the Navratra festival period and even ahead of Diwali have resulted in a…
While demand for auto loans has been lower this festive season as compared to last year, there were signs of…
RBI data show defaults by MSMEs rose to 13.08% for PSBs at March-end this year against 12.56% last year.
