Tag: NPAs
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...
Centre expects banks to write back over Rs 1 lakh cr...
Union Ministry of Finance is expecting the banks to get back over Rs 1 lakh crore with the resolution of 12 major cases pertaining...
SBI steps up NPA plans, not to fund project finance
In a bid to curb the rising menace of Non-Performing Assets (NPAs), public lender State Bank of India (SBI) has decided to stop funding...
Government closes 35 overseas PSB branches; puts 69 offices under review
The Centre has ordered the shutting down of 35 overseas branches of Indian Public Sector Banks (PSBs) and also reviewing 69 more offices for...
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,...
