Last Updated: Sunday, July 13, 2014, 14:50
Reserve Bank Governor Raghuram Rajan had also said last week that the most immediate problem confronting the banking system was that of rising level of stressed assets.
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.
Last Updated: Thursday, June 26, 2014, 20:33
The Reserve Bank of India on Thursday said the overall asset quality of banks has improved in the recent past with a reduction in bad loans, although systemic risks have increased.
Last Updated: Wednesday, June 25, 2014, 18:42
The Greek economy is also expected to register slim growth this year after a six-year recession.
Last Updated: Tuesday, June 10, 2014, 16:03
Concerned over rising bad loans, heads of banks and financial institutions today suggested creation of National Asset Management Company which could act as a nodal agency to deal with the problem.
Last Updated: Wednesday, June 04, 2014, 15:29
There is a proposal to form such an entity, for which public sector banks can jointly put in capital, sources said.
Last Updated: Monday, June 02, 2014, 19:29
The Finance Ministry is likely to announce steps to deal with rising bad loan situation in the Budget to be presented some time early next month.
Last Updated: Saturday, May 31, 2014, 14:54
The RBI Deputy Governor R Gandhi on Saturday expressed concern over bad loans and said banks should strengthen their internal credit appraisal systems.
Last Updated: Wednesday, May 28, 2014, 20:06
In view of the mounting bad loans of banks, Ficci has suggested setting up of a National Asset Management Company (NAMCO) to take over stressed assets from the banking system for effective recovery and rehabilitation.
Last Updated: Wednesday, May 28, 2014, 19:20
Growth of banking credit offtake dipped in Punjab and Haryana with industry blaming banks for not extending advances on account of rising bad loans.
Last Updated: Tuesday, May 20, 2014, 23:48
RBI Governor Raghuram Rajan Tuesday said containing fiscal deficit is essential for achieving sustainable growth and underlined the need for developing a "good system" to deal with bad loans in banking sector.
Last Updated: Monday, May 19, 2014, 18:00
The level of bad loans held by Spanish banks, which peaked at the end of 2013, edged down in March to 13.39 percent from 13.4 percent, data published on Monday by the Bank of Spain showed.
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