Expect Rs 30,000 crore recovery via resolution: SBI
State Bank of India (SBI), the country’s largest lender, expects to recover about Rs 30,000 crore from the resolution process…
11 JUN 2018
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PSBs to set up dedicated mechanism to manage NPAs: Piyush Goel
Public sector banks (PSBs) will soon create a dedicated mechanism for managing stressed accounts, acting finance minister Piyush Goyal said…
09 JUN 2018
RBI relaxes bond-loss provisions, would ease PSB’s margins
In a significant relief to the lenders hit by treasury losses and bad loans, the Reserve Bank of India (RBI)…
07 JUN 2018
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…
16 AUG 2016
SC tells govt to form panel on bad loans in PSBs
The Supreme Court on Tuesday directed the government to chalk out a proposal for appointing a committee to resolve issues…
27 APR 2016
PSU banks slack in acting against wilful defaulters
Cases of wilful defaults are on the rise, with the number of such defaults in public sector banks (PSBs) reaching…
14 DEC 2015
NPA of Indian banks to top 9-10%, forecasts ICRA
Non-performing assets or the NPA of the Indian banks is likely to remain high at 9.5-10.5 per cent in the…
09 JUN 2015
