Search For "bad loans"
J&K Bank reports net loss of Rs 1,139 crore due to bad loans
Updated : 5 years, 8 months ago IST
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
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Nirmala Sitharaman rebuts Rahul Gandhi's allegations on 'wilful defaulters
Updated : 5 years, 11 months ago IST
New Delhi [India], April 29 (ANI): Finance Minister Nirmala Sitharaman on Tuesday rebutted Congress leaders Rahul Gandhi and Randeep Singh Surjewala's allegations regarding "wilful defaulters, bad loans and write-offs", and stated that they have "attempted to mislead people in a brazen manne
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Kotak Mahindra Bank to issue 6.5 crore equity shares
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): The board of directors at private sector lender Kotak Mahindra Bank on Wednesday approved a proposal to issue 6.5 crore equity shares of Rs 5 each as part of its plans to raise equity capital.
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Yes Bank case: ED summons Subhash Chandra, Naresh Goyal for questioning
Updated : 6 years ago IST
New Delhi [India], Mar 17 (ANI): The Enforcement Directorate on Monday issued summons to Subhash Chandra of Essel Group, former Chairman of Jet Airways Naresh Goyal, Promotor of DHFL Kapil Wadhawan in connection with bad loans given by Yes Bank founder Rana Kapoor.
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Yes Bank delays announcement of Q3 results due to fund-raising exercise
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): Private sector lender Yes Bank has delayed the announcement of its third quarter (October to December) results of current financial year on the ground of fund-raising exercise which is currently underway.
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Syndicate Bank Q3 profit up at Rs 435 crore as bad loans decline
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 11 (ANI): Government-owned Syndicate Bank said on Tuesday its net profit in the October to December quarter (Q3 FY20) increased four-fold to Rs 435 crore from Rs 108 crore in the corresponding period of the previous year on declining bad loans.
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Bank of Baroda to issue tier-II bonds worth Rs 2,000 crore
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): The capital raising committee of Bank of Baroda on Wednesday approved the issuance of Basel III compliant tier two bonds for aggregate total issue size not exceeding Rs 2,000 crore in single or multiple tranches.
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BoB shares slide by 2.9 pc after reports of under-reported bad loans
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
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Syndicate Bank reports Q2 net profit at Rs 251 crore
Updated : 6 years, 4 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.
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RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses
Updated : 6 years, 8 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.
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RBI issues revised norms on stressed assets
Updated : 6 years, 9 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.
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PNB reports net loss of Rs 4,750 crore in Q4 due to higher provisioning fo
Updated : 6 years, 10 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.
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