Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Gross NPAs News
Fewer and stronger PSU banks but what about their stressed assets?
Mon, Sep 04, 2017
The Government of India is all set to make fewer and stronger PSBs in the coming months - as an move to tackle their non-performing assets (NPAs). A list of total 21 PSBs are considered to become 10 - 12 banks.
Has NPA recognition by banks post AQR complete or is it just a myth?
Thu, Aug 10, 2017
Gross NPAs of 21 banks have reached to 8.07% in June 2017 compared to 6.96% in June 2016 and 3.92% in June 2015.
Despite 21% jump in NPAs in FY17, lenders lap up education loans
Sun, Jul 23, 2017
Banks and other lenders together disbursed around Rs 20,000 crore in education loans in FY17, up from around Rs 17,000 crore a year ago, while total outstanding grew 1.6 per cent to Rs 81,600 crore.
Q1FY18 results for the banking sector don't look too upbeat
Mon, Jul 10, 2017
Looks like India's banking universe especially PSBs will continue to suffer with subdued earnings in Q1FY18.
NCLT priority for insolvency: RBI partially retracts statement
Sun, Jul 09, 2017
RBI had said it has identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs of banks.
Have zero tolerance on NPAs; fight cases: Finmin to banks
Sat, Jul 08, 2017
The ministry has been asking banks to take tough action against such borrowers and be ready to fight court cases as well.
Private banks lead PSU banks in credit, deposit growth in FY17
Tue, Jul 04, 2017
Latest data of Financial Stability Report indicates private banks have outperformed public ones when it comes to credit and deposit growth. PSBs has lost share in total credit over the last three time periods.
RBI warns of more NPA pain, sees bad loans topping 10% by March
Fri, Jun 30, 2017
Level of GNPAs of large borrowers increased between September 2016 and March 2017, their restructured standard advances declined during the same period resulting in a reduction of total stressed advances by 1.8%.
Axis Bank says 80% bad loans secured; shares gain
Thu, Jun 29, 2017
After RBI identified 12 accounts, Axis Bank said their exposure was in 8 accounts and 80% of the outstanding loan was secured.
No trading restriction on stocks going under bankruptcy, says Sebi
Thu, Jun 29, 2017
Ajay Tyagi, Chairman, Sebi has said there will be no trading restriction on companies going under IBC. However, he cautioned mutual funds industry to not take NPAs as debt transfer.
NPA issue: After Insolvency & Bankruptcy code; RBI now tightens S4A norms
Thu, Jun 22, 2017
RBI has enlarged the overseeing committee to review resolution under the S4A scheme where corporates exposure of loan is Rs 500 crore in banks gross NPAs.
NPAs crisis: Sebi relaxes distressed assets norms for speedy resolution
Wed, Jun 21, 2017
In a move to support RBI and government in resolving banks' NPA crisis, Sebi has eased distressed assets norms for speedy resolution.
RBI deputy Mundra says state-run lenders may need more capital
Fri, Jun 16, 2017
Mundra, addressing reporters in the sidelines of a banking event in New Delhi, also said there was no specific timeline set by the central bank to identify additional loan defaulters on which bankers would need to start bankruptcy proceedings.
Bad Loans Cleanup Phase 2: Govt says insolvency cases to be resolved within 90 days
Fri, Jun 16, 2017
A group of corporate debtors have been identified by the Insolvency and Bankruptcy Board of India (IBBI) that can opt for faster resolution under Insolvency & Bankruptcy code. Time period has been reduced to 90 days for process of a cases than the usual 180 days.
RBI identifies 25% gross NPAs for insolvency; we bring pros and cons
Wed, Jun 14, 2017
RBI has made its move in bring 12 accounts under insolvency and bankruptcy code. How will banks cope up with this would be keenly watched, however we bring you pros and cons for the central banks decision.
IDBI to establish exclusive vertical for NPA recovery
Tue, Jun 13, 2017
Apart from creating this NPA recovery vertical, the bank management has formed a 'Credit Monitoring Group' to find out potential NPAs based on early warning signals, said Deputy Managing Director of IDBI Bank, G M Yadwadkar.
Top five sectors with most exposure to banks NPAs; What can be done?
Tue, Jun 13, 2017
Sectors like steel, textile, power, telecom and infrastructure accounts for most of banks stressed assets. About 60% of banking systems stress belongs to these sector.
Banking, IT, Oil, Finance sectors accounted 69% of India Inc's earnings this Q4FY17
Mon, Jun 05, 2017
Despite their current problems - banking, IT, oil and finance sector dominated India Inc's earnings accounting for 69% of India Inc's earnings this Q4FY17.
RBI should be looking at a repo rate cut in June policy, says Bhattacharya
Fri, Jun 02, 2017
RBI is set to announce its second bi-monthly monetary policy for financial year 2017-18. SBI feels a rate cut from the central bank is a must.
Rupee, Credit profile of steel, infrastructure & telecom to impact India Inc in FY18
Thu, Jun 01, 2017
Due to their low in ability of refinancing credit, sectors like telecom, steel and infrastructure will remain under-pressure even in FY18. Rupee appreciation will be another factor that will haunt steel and infrastructure sector.