News Updates
Bad

Bad

Banking
Mumbai: Mid-sized private sector lender Yes Bank has disclosed the RBI has found a divergence of over Rs. 4,000 crore in the...
Comments Off on RBI Uncovers Rs. 4,000 Crore In Unreported Bad Loans At Yes Bank, Shares Fall

Loan
Fitch Ratings today said Indian authorities are making a more concerted push to clean up bad loans in the banking sector but...
Comments Off on India making concerted push to tackle bad loan: Fitch

Banking
New Delhi: The government’s all out war against NPAs will help in cleaning balancesheets of state-owned banks and expedite f...
Comments Off on War On Bad Loans To Speed Up State-Run Banks’ Capital Raising Via FPOs

Banking
Mumbai: Private sector lender ICICI Bank has warned of higher provisions in fiscal 2018 due to the uncertainties in resolving bad...
Comments Off on ICICI Warns Cost Cuts As Surging Bad Loans Eat Into Profit Margins

Loan
NEW DELHI, APR 20:   RBI Deputy Governor S S Mundra today said a mechanism will be worked out soon in consultation with...
Comments Off on Mechanism soon to fix banking bad loan issue: Mundra

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...
Comments Off on Bad Loans Due To Lack Of Foresight Of Financial Management: Arun Jaitley

Banking
New Delhi: Finding banks working under the fear of Central Bureau of Investigation (CBI) and Central Vigilance Commission (CVC) as...
Comments Off on Fear Of CBI ‘Bizarre’, Apply Wisdom In Funding Bad Loans: Panel To Banks

Banking
Mumbai: Fresh bad loans moderated in the first quarter of 2016-17 as most banks have improved their recovery process, Reserve Bank...
Comments Off on Lower Fresh Bad Loans In Q1 Of 2016-17: RBI Deputy Governor

Banking
The bank’s net NPAs as a percentage of total advances ticked up sequentially to 0.38% in Q1. Private sector lender IndusInd...
Comments Off on IndusInd Bank Q1 Net Up 26% But Higher Bad Loans Weigh On Shares