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CII suggests action plan for revival of NBFCs

Last Updated: Sunday, June 15, 2014, 20:19

Industry body CII has suggested a five-point agenda to breathe life into the country's NBFCs, which are grappling with a steep rise in NPAs, slow loan growth and elevated funding costs amidst a stringent regulatory environment.

Steps to address issue of rising bad loans likely in Budget

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.

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).

Bankers cannot always blamed for NPAs, says Rajan

Last Updated: Thursday, February 13, 2014, 22:27

Banks Thursday got support on the issue of bad loans from the most unexpected quarters - Reserve Bank Governor Raghuram Rajan, who said bankers cannot be always blamed for the rising bad loan situation.

Canara Bank Q3 net profit drops 42.39% on higher provisioning

Last Updated: Friday, January 31, 2014, 20:04

The bank's gross NPA stood at Rs 8,074 crore, with a gross NPA ratio of 2.79 percent compared to 2.77 percent as in December 2012.

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.

Top priority is to keep NPAs under control, says new SBI chief

Last Updated: Tuesday, October 08, 2013, 21:09

Newly appointed State Bank of India Chairperson Arundhati Bhattacharya Tuesday said her "top priority" is to keep bad loans under check and underscored the need to use more IT-driven solutions to address stress in the system.

Net NPA of banks rises to 1.68 percent in 2012-13: RBI

Last Updated: Monday, September 30, 2013, 18:58

Reflecting deterioration in economic activities, net non-performing assets (NPA) of all banks have increased to 1.68 percent of the total loan at the end of 2012-13, according to the Reserve Bank of India.

Indian Banks well capitalised to provide for bad loans: PM

Last Updated: Friday, August 30, 2013, 13:50

Prime Minister Manmohan Singh on Friday said Indian banks are 'well-capitalised' to provide for increased bad loans till they become performing.

RBI sees FY14 gross NPAs at 4.4% but rules out systemic risk

Last Updated: Thursday, August 22, 2013, 21:18

Despite foreseeing a possible spike in gross non-performing assets to 4.4 percent of the total advances by March 2014 from 3.42 percent a year ago, the Reserve Bank Thursday ruled out any systemic risk to the system, saying banks will still be having higher capital adequacy.

Bad loans in banking sector a matter of concern: Subbarao

Last Updated: Thursday, July 04, 2013, 20:24

The Reserve Bank Thursday said the growing non-performing assets in the banking sector is a matter of concern and steps are being taken to bring it down as soon as possible.