Search For "bad loan"
SBI reports bad loan divergence of Rs 11,932 crore for FY19
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
Read More
Syndicate Bank reports Q2 net profit at Rs 251 crore
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Oct 31 (ANI): Government-owned Syndicate Bank on Thursday reported a net profit of Rs 251 crore for the second fiscal quarter (July to September) against a net loss of Rs 1,543 crore in the same period of previous year.
Read More
RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 7 crore on State Bank of India for non-compliance of directions.
Read More
RBI issues revised norms on stressed assets
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) on Friday released fresh guidelines to deal with bad loans, which mandated banks to start the resolution even if there was a one-day default.
Read More
PNB reports net loss of Rs 4,750 crore in Q4 due to higher provisioning fo
Updated : 6 years, 12 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
Read More
PNB reports net loss of Rs 4,750 cr in Q4 due to higher provisioning for b
Updated : 6 years, 12 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
Read More
Syndicate Bank reports net loss of Rs 2,587 crore in FY 19
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Government-owned Syndicate Bank suffered a net loss of Rs 2,587 crore during 2018-19 on account of bad loans compared to a net loss of Rs 3,223 crore in the previous fiscal year.
Read More
ICICI Bank Q4 profit drops 5 pc due to higher provisioning for bad loans
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 6 (ANI): Private lender ICICI Bank on Monday posted a 5 per cent drop in profit at Rs 969 crore in the quarter ended March 31 due to higher expenses.
Read More
IBC helping banking sector clean up bad loans: Jaitley
Updated : 7 years, 7 months ago IST
New Delhi [India], Oct 27 (ANI): Union Finance Minister Arun Jaitley on Saturday said the Insolvency and Bankruptcy Code (IBC) is helping the banking sector of the country in cleaning up bad loans, adding that the fear of the IBC has made defaulters approach their respective banks to clear t
Read More
Smriti Irani corners Congress for NPA crisis, National Herald scam
Updated : 7 years, 8 months ago IST
New Delhi [India], Sep 11 (ANI): Union Textiles Minister Smriti Irani on Tuesday launched a scathing attack on the Congress over former Reserve Bank of India (RBI) governor Raghuram Rajan's remarks that most bad loans that account for Indian banks' Non Performing Assets (NPA) originated duri
Read More
Chidambaram asks PM Modi to reveal number of bad loans under NDA
Updated : 7 years, 8 months ago IST
New Delhi [India], Sep 02 (ANI): Former finance minister P Chidambaram on Sunday hit back at Prime Minister Narendra Modi on his recent remarks on loans given during the United Progressive Alliance (UPA) regime, asking the National Democratic Alliance (NDA) government to reveal the number
Read More
Govt will set up system to tackle bad loans: Piyush Goyal
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Jun 8 (ANI): Union Railways and Coal Minister Piyush Goyal, who is also holding the finance portfolio for a brief period, said on Friday the government is committed to supporting all state-run banks and will set up a dedicated mechanism to tackle bad loan issues
Read More