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46% SMEs under credit stress, may default: India Ratings

Last Updated: Tuesday, April 15, 2014, 22:05

Nearly half of bank loans extended to listed small businesses, having a revenue of under Rs 300 crore, are under stress and there is a little possibility of improvement in the near future as their revenue growths will remain under pressure, says a report.

25% loan seekers under 30 years of age: Cibil

Last Updated: Sunday, March 23, 2014, 19:25

There has been a huge rise in the number of people under 30 years of age seeking credit in the last five years, according to credit information provider Cibil report.

RBI asks banks to proactively deal with bad loans menace

Last Updated: Wednesday, February 26, 2014, 22:39

Worried over spurt in bad loans, the Reserve Bank Wednesday asked banks to pro-actively lead with the problem and improve their credit risk management systems.

Banks' foreign office FY13 loan up 32% to Rs 5.86 lakh cr: RBI

Last Updated: Monday, February 17, 2014, 21:15

Indian bank branches operating abroad witnessed credit growth of 31.7 percent to Rs 5.86 lakh crore (USD 107.7 billion) in 2012-13, while their deposits grew by 45.5 percent to Rs 3.93 lakh crore, RBI data showed Monday.

'Banks' bad loan rising on pending projects'

Last Updated: Sunday, January 05, 2014, 13:18

The burden of rising bad loans on banks can be reduced by speedy clearances and execution of pending projects, a top official of industry body PHD Chamber of Commerce & Industry said.

Rajan-headed FSDC panel expresses concern over bad loans

Last Updated: Thursday, December 12, 2013, 22:25

The Sub Committee of the Financial Stability and Development Council (FSDC), headed by RBI Governor Raghuram Rajan, Thursday expressed concern over the rising bad loans of banks.

Treat advances to medium units as priority sector loans: RBI

Last Updated: Tuesday, November 26, 2013, 23:08

The Reserve Bank of India (RBI) said Tuesday that banks could classify their incremental advances to medium enterprises, after November 13, as priority sector loans and also double the credit limit to micro and small units to Rs 10 crore until March-end.

Rajan warns bankers on ever-greening of bad loans

Last Updated: Friday, November 15, 2013, 22:45

Reserve Bank Governor Raghuram Rajan Friday warned banks against dressing up bad loans and creating bigger problems for future, by drawing a symoblic comparison that one "can put lipstick on a pig but it doesn't become a princess".

Net bad loans of 40 banks soar 38% to Rs 1.3 trillion in H1

Last Updated: Thursday, November 14, 2013, 21:29

The net bad assets of the 40 listed banks have jumped 38 percent to Rs 1,28,533 crore during the first half of this fiscal, from Rs 93,109 crore at the end of the last fiscal, and is likely to cross Rs 1.5 lakh crore by the end of the fiscal, says a study.

PSU banks to depend on govt for equity infusion: India Ratings

Last Updated: Tuesday, November 12, 2013, 22:44

Falling internal accruals and pressure to grow loan portfolio will make public sector banks depend more on the government for capital, a rating agency said in a report Tuesday.

Top 30 NPAs of PSBs account for one-third of total bad loans

Last Updated: Monday, November 04, 2013, 18:44

Top 30 loan defaulters of the public sector banks account for one-third of the total gross non-performing assets of state-run lenders, according to the Reserve Bank data.

Chidambaram says favours cheap loans for exporters

Last Updated: Friday, September 27, 2013, 19:09

The finance ministry is in talks with the Reserve Bank of India (RBI) to make bank loans cheaper for exporters, Finance Minister P Chidambaram said on Friday, a move that could help reduce wide current account deficit by boosting export income.