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NEW DELHI, APR 20:   RBI Deputy Governor S S Mundra today said a mechanism will be worked out soon in consultation with...
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Banking
Mumbai: A massive pile up of bad loans at its subsidiaries pulled down by 99.6 per cent the consolidated net profit of...
Comments Off on SBI Net Dips 99.6% To Rs 20.7 Crore On Mounting Bad Loans

Economy
The finance minister’s comments came a day after he reviewed the performance of the PSU banks. Faridabad: Highlighting the i...
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Banking
New Delhi: Finding banks working under the fear of Central Bureau of Investigation (CBI) and Central Vigilance Commission (CVC) as...
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Banking
Mumbai: Fresh bad loans moderated in the first quarter of 2016-17 as most banks have improved their recovery process, Reserve Bank...
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Banking
The bank’s net NPAs as a percentage of total advances ticked up sequentially to 0.38% in Q1. Private sector lender IndusInd...
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Industry
Apple chief Tim Cook on Wednesday said that complying with a court order to help the FBI break into an iPhone belonging...
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Economy
New Delhi: Hit hard by mounting non-performing assets (NPAs) or bad loans, many leading public sector banks, including Bank of Bar...
Comments Off on PSU Banks Book Highest Ever Loss as Bad Loans Mount

Banking
Four state-run banks reported a spike in bad loans and provisions for sour debt on Tuesday after a clean-up exercise ordered by...
Comments Off on Bad Loan Clean-Up Takes Toll on State Banks’ Earnings

Industry
Mumbai: Four state-run banks reported a spike in bad loans and provisions for sour debt on Tuesday after a clean-up exercise order...
Comments Off on Bad Loan Clean-Up Takes Toll on State Banks’ Earnings