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Tags Posts tagged with "bad loans"

Tag: bad loans

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 under the Insolvency and...

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 on Friday. “I have discussed...

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) has allowed them to...

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...

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 pertaining to bad loans...

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 7,265 until the middle...

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 current financial year if...

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