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Economic Survey 2013-14: Growth of NPAs is a cause for concern

Last Updated: Wednesday, July 09, 2014, 15:46

The four-fold rise in bad loans over the past two years, mainly of public sector banks is a matter of concern and steps are being taken to improve the situation, the Economic Survey said.

Asset quality of banks deteriorating at frightening pace: Study

Last Updated: Wednesday, May 14, 2014, 18:57

The asset quality in banks has deteriorated at a "frightening pace" during 2013-14 fiscal with public sector banks bearing the maximum brunt of bad loans, a RBI panel report has said.

CII suggests measures to improve asset quality of banks

Last Updated: Sunday, May 04, 2014, 14:48

Expressing concerns over the deteriorating asset quality of banks, industry body CII has suggested a 5-point action plan to deal with the rising non- performing assets (NPAs).

Fitch sees level of NPAs, recast loans rising to 15% in FY15

Last Updated: Thursday, April 17, 2014, 19:43

Stressed assets, which include gross non-performing assets and restructured debt, stood at 10.2 percent as of September.

Eminem and RiRi to sing duet at MTV Movie Awards 2014

Last Updated: Wednesday, April 09, 2014, 12:38

Rihanna and Eminem will be performing a duet at the 2014 MTV Movie Awards bash, it has been confirmed.

Gerard Butler barred from doing stunts in `Point Break` remake

Last Updated: Tuesday, April 08, 2014, 17:44

Gerard Butler has been banned from performing heavy duty stunts in his upcoming remake of 1991 film ` Point Break`, it has been revealed.

Rajan concerned about NPAs, expects situation to improve

Last Updated: Friday, March 28, 2014, 21:26

Expressing concern over rising NPAs, Reserve Bank Governor Raghuram Rajan on Friday said the situation would improve with stabilisation of the economy.

RBI doesn't have magic wand to help United Bank: Chakrabarty

Last Updated: Thursday, March 20, 2014, 19:19

United Bank posted a net loss of Rs 1,238 crore in the three months to December.

NPAs a big challenge, says SBI MD

Last Updated: Saturday, March 15, 2014, 22:15

Viswanathan said the country's largest lender has taken adequate steps to recover loans.

Marginalised find a voice through performing arts

Last Updated: Monday, March 10, 2014, 20:46

Myriad complexities of a long distance relationship, personal struggles where one loses sense of self or stifled voices of the marginalised -- a three-day festival in the capital that began Monday will narrate various tales of displacement in a modern Indian society.

SBI mulls selling bad assets to ARCs in Jan-Mar quarter

Last Updated: Saturday, March 08, 2014, 14:39

Country's largest bank SBI is considering partial sale of non-performing assets to asset reconstruction companies.

Taking steps to reduce NPAs: SBI

Last Updated: Sunday, March 02, 2014, 18:59

State Bank of India is taking initiatives to reduce bad loans which have reached 5.73 percent, SBI Managing Director and Group Executive (National Banking), A Krishnakumar has said.