Tags Posts tagged with "NPAs"

Tag: NPAs

Newsmakers in BFSI Sector- 2017

As the year draws to a close, The Banking & Finance Post presents a look back at some of the crucial events and decisions...

Shutdown loss-making branches: Finance Ministry directs public sector banks

In a bid to mellow down the rising menace of Non-Performing Assets (NPAs) in public sector banks, Ministry of Finance has directed the banks...

Inflating education loan NPAs burdening stressed banks

Adding more stress to the already grim situation of banks, rising default payments of education loans have worsened the burden of NPAs. Reportedly, the Non-Performing...

RBI places United Bank of India under corrective action plan

In a bid to ensure corrective measures, the Reserve Bank of India (RBI) has directed United Bank of India (UBI) to raise capital, diversify...

AIBEA opposes CII’s proposal on PSU banks’ stake dilution

The All India Bank Employees’ Association (AIBEA) has shown it's strong opposing against the recommendation of the Confederation of Indian Industry (CII) to the...

RBI restricts Corporation Bank from certain banking activities as its NPAs...

The Reserve Bank of India (RBI) has restricted Corporation Bank from carrying out certain banking activities due to a sharp rise its bad loans. Reportedly,...

Govt likely to table FRDI Bill in Winter Session amidst oppositions

The Central Government is expected to table the Financial Resolution and Deposit Insurance Bill, 2017, or FRDI Bill, in the upcoming Winter Session of...

Finance Ministry directs PSBs to submit fund-raising plans in a month

As a part of its recapitalisation plans, the finance ministry has directed all the state-run banks to submit their fund-raising roadmaps in a month. In...

Wilful Defaulters Cleansing in the Indian Banking System

The growth and financial stability of a country depend on the financial soundness of its banking system. One of the parameters that are used...

RBI’s ‘operation clean-up’ helps PSBs contain bad loans in Q1

The launch of “clean-up” operation by RBI Governor Raghuram Rajan has apparently started showing results, as some public sector banks (PSBs) have successfully arrested...