Search For "bad loan"
RBI slaps Rs.3 Cr monetary penalty on IDBI bank
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr. 12 (ANI): The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans.
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BJP chief blames Congress for OBC, Nirav Modi scams
Updated : 8 years, 2 months ago IST
New Delhi [India], Feb. 26 (ANI): Bharatiya Janata Party (BJP) President Amit Shah on Monday accused the Congress party of creating the non-performing asset (NPA) and bad loan mess.
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RBI rolls out new stressed assets framework to tackle bad loan problem
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.
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Tech-based approach can help NBFCs meet credit demand: Study
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 7 (ANI): Amid increasing pressure on the banking system due to bad loans and NPAs, an ASSOCHAM-PwC joint study noted that in order to meet credit demand, non-banking financial companies (NBFCs) in India could explore investments in newer technology, particularly in the
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Large defaulters to be focus of bankers meet in Mumbai
Updated : 8 years, 9 months ago IST
Mumbai [India], June 19 (ANI): The next course of action to be taken against six of the 12 bad loan defaulters will be in all probability be decided by leading bankers at a meeting here today.
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Jaitley to meet PSB chiefs today to assess NPA situation
Updated : 8 years, 9 months ago IST
New Delhi [India], June 12 (ANI): Finance Minister Arun Jaitley is scheduled to meet the heads of the Public Sector Banks (PSBs) on Monday to discuss the current situation of non-performing assets (NPAs) and the measures being taken to recover voluminous bad loans worth over Rs six lakh cror
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IDBI Bank on RBI's radar for bad loans
Updated : 8 years, 9 months ago IST
New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).
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ICICI Bank Q4 profit jumps three fold; bad loans up 26 pct
Updated : 8 years, 9 months ago IST
New Delhi [India], May 4 (ANI): Country's largest private sector lender ICICI Bank on Thursday announced its fourth quarter standalone profit up 188.4 percent (nearly three-fold) to Rs. 2,024.6 crore.
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Reject proposal to create 'bad bank': Yechury tells PM Modi
Updated : 8 years, 9 months ago IST
New Delhi [India], Oct 5 (ANI): CPI (M) general secretary Sitaram Yechury on Tuesday requested Prime Minister Narendra Modi to act aggressively upon the recovery of bad loans on priority.
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