Bad Loans Situation
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Government Reassures Public Sector Banks Of Capital Infusion: Report
The government may need to make a provision of at least Rs 20-25,000 crore for capital infusion in state-run banks. However, this number can increase significantly as the situation evolves, the officials said.
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RBI Has "Wide Ranging Powers" To Deal With Banks: Government
The Reserve Bank Of India has "wide-ranging and comprehensive" powers to address various situations in banks, the government said today against the backdrop of RBI Governor Urjit Patel seeking more powers to deal with the problem of bad loans at public sector banks.
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"Inadequate" Control Over PSU Banks, Says RBI Governor Urjit Patel: Report
Urjit Patel informed the panel that after implementation of the Insolvency law, situation on the NPA front has been improving.
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SBI Q1 Profit Falls 20%, Bad Loans Situation Worsens
The state-run State Bank of India is the nation's biggest lender by assets.
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States Will Have To Find Funds For Farm Loan Waivers, Says Arun Jaitley
With mounting demands from farmers for loan waiver, Finance Minister Arun Jaitley on Monday said states will have to find funds from their own resources -- virtually ruling out any funding from the Centre. "I have already made the position. States which want to go for these kinds of schemes will have to generate them from their own resources. Beyon...
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Bad Debt Situation Not That Grim, Recovery Hopes Intact: SBI
About 16.6 per cent of loans to corporates - or about 8.4 per cent of the GDP - had been declared non-performing, according to Credit Suisse.
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Banks Need Greater Initiative To Sell Assets: Arun Jaitley On Bad Loans
Describing the non-performing assets (NPA) or bad loans situation of public sector banks as still challenging, Finance Minister Arun Jaitley on Friday said "greater initiative" is needed by them in cases where it is difficult to find buyers or "alternative promoters" for assets that have accumulated bad loans.
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Bad Loans Situation Well Under Control: Arun Jaitley
Allaying apprehensions of non-performing assets (NPAs) or bad loans in public sector banks, Finance Minister Arun Jaitley on Wednesday said the situation is under control as economic conditions are showing signs of improvement.
-
Speed Up Course Correction On Bad Loans: Arun Jaitley To State-Run Banks
Be frank and upfront about the non-performing asset (NPA) situation, speed up course correction and become part of India's growth story - that's the message Finance Minister Arun Jaitley gave to the top bosses of public sector banks at a meet in Delhi on Monday
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NDA Government Work In Progress, Issues Yet To Be Resolved: Assocham
Assocham said India's macroeconomic situation has "certainly been steadied while some bold moves have been made in roads, highways, railways and energy sectors".
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Allahabad, Central Bank, Dena Bank Fall As Bad Loans Spike
Shares of three public sector banks -- Allahabad Bank, Central Bank of India and Dena Bank - fell by up to 3.4 per cent today after these companies reported disappointing March quarter earnings, with the bad loan situation worsening.
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Bad Loans Have Peaked, Situation Will Improve: Arun Jaitley
Finance Minister Arun Jaitley had some reassuring words on non-performing assets (NPAs) on Monday when he said bad loans have reached the peak and expressed confidence that situation will get better with improvement in six sectors under stress.
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Bad Loan Situation Not Alarming, Banks Will Resolve Issue: Vinod Rai
Emphasising that the bad loan situation is not alarming, Banks Board Bureau chief Vinod Rai on Friday said all public-sector banks have got their strategies in place to tackle the stressed asset woes.
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Five PSU Banks Led By Bank of Baroda Post Rs 6,751 Crore Loss
As many as five public sector banks led by Bank of Baroda (BoB) on Friday reported a combined loss of Rs 6,751 crore for the three months to March 2016 as bad loans situation worsened further.
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RBI for Better Strategies to Deal With Bad Loans
The Reserve Bank of India on Thursday made a case for developing better strategies to deal with the problem of non-performing assets (NPAs) or bad loans as hiding them would aggravate the situation for lenders as well as borrowers.
-
Government Reassures Public Sector Banks Of Capital Infusion: Report
The government may need to make a provision of at least Rs 20-25,000 crore for capital infusion in state-run banks. However, this number can increase significantly as the situation evolves, the officials said.
-
RBI Has "Wide Ranging Powers" To Deal With Banks: Government
The Reserve Bank Of India has "wide-ranging and comprehensive" powers to address various situations in banks, the government said today against the backdrop of RBI Governor Urjit Patel seeking more powers to deal with the problem of bad loans at public sector banks.
-
"Inadequate" Control Over PSU Banks, Says RBI Governor Urjit Patel: Report
Urjit Patel informed the panel that after implementation of the Insolvency law, situation on the NPA front has been improving.
-
SBI Q1 Profit Falls 20%, Bad Loans Situation Worsens
The state-run State Bank of India is the nation's biggest lender by assets.
-
States Will Have To Find Funds For Farm Loan Waivers, Says Arun Jaitley
With mounting demands from farmers for loan waiver, Finance Minister Arun Jaitley on Monday said states will have to find funds from their own resources -- virtually ruling out any funding from the Centre. "I have already made the position. States which want to go for these kinds of schemes will have to generate them from their own resources. Beyon...
-
Bad Debt Situation Not That Grim, Recovery Hopes Intact: SBI
About 16.6 per cent of loans to corporates - or about 8.4 per cent of the GDP - had been declared non-performing, according to Credit Suisse.
-
Banks Need Greater Initiative To Sell Assets: Arun Jaitley On Bad Loans
Describing the non-performing assets (NPA) or bad loans situation of public sector banks as still challenging, Finance Minister Arun Jaitley on Friday said "greater initiative" is needed by them in cases where it is difficult to find buyers or "alternative promoters" for assets that have accumulated bad loans.
-
Bad Loans Situation Well Under Control: Arun Jaitley
Allaying apprehensions of non-performing assets (NPAs) or bad loans in public sector banks, Finance Minister Arun Jaitley on Wednesday said the situation is under control as economic conditions are showing signs of improvement.
-
Speed Up Course Correction On Bad Loans: Arun Jaitley To State-Run Banks
Be frank and upfront about the non-performing asset (NPA) situation, speed up course correction and become part of India's growth story - that's the message Finance Minister Arun Jaitley gave to the top bosses of public sector banks at a meet in Delhi on Monday
-
NDA Government Work In Progress, Issues Yet To Be Resolved: Assocham
Assocham said India's macroeconomic situation has "certainly been steadied while some bold moves have been made in roads, highways, railways and energy sectors".
-
Allahabad, Central Bank, Dena Bank Fall As Bad Loans Spike
Shares of three public sector banks -- Allahabad Bank, Central Bank of India and Dena Bank - fell by up to 3.4 per cent today after these companies reported disappointing March quarter earnings, with the bad loan situation worsening.
-
Bad Loans Have Peaked, Situation Will Improve: Arun Jaitley
Finance Minister Arun Jaitley had some reassuring words on non-performing assets (NPAs) on Monday when he said bad loans have reached the peak and expressed confidence that situation will get better with improvement in six sectors under stress.
-
Bad Loan Situation Not Alarming, Banks Will Resolve Issue: Vinod Rai
Emphasising that the bad loan situation is not alarming, Banks Board Bureau chief Vinod Rai on Friday said all public-sector banks have got their strategies in place to tackle the stressed asset woes.
-
Five PSU Banks Led By Bank of Baroda Post Rs 6,751 Crore Loss
As many as five public sector banks led by Bank of Baroda (BoB) on Friday reported a combined loss of Rs 6,751 crore for the three months to March 2016 as bad loans situation worsened further.
-
RBI for Better Strategies to Deal With Bad Loans
The Reserve Bank of India on Thursday made a case for developing better strategies to deal with the problem of non-performing assets (NPAs) or bad loans as hiding them would aggravate the situation for lenders as well as borrowers.
