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Worst behind banking industry on NPA front: Kochhar

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.

FM to meet heads of PSU banks, financial institutions Tuesday

Last Updated: Monday, May 12, 2014, 22:34

Amidst rising bad loans, Finance Minister P Chidambaram will review financial performance of public sector banks (PSBs) on Tuesday.

Higher interest income, fees push Axis net 18% to Rs 1,842 cr

Last Updated: Friday, April 25, 2014, 16:50

Gross NPAs stood at 1.22 percent in the quarter against 1.06 percent in the same period last year.

RBI governor against banks seeking artificial fixes for NPAs

Last Updated: Friday, April 04, 2014, 18:29

Strongly disapproving requests for "regulatory forbearance" in cases of asset quality stress made by lenders and corporates, Reserve Bank Governor Raghuram Rajan told bankers on Friday not to find "artificial fixes" for the problem.

UCO Bank hopes to reduce NPAs further

Last Updated: Thursday, March 20, 2014, 20:42

State-owned UCO Bank was expecting to reduce NPAs further in the coming quarters from the present levels, CMD of the bank Arun Kaul said.

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.

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.

S&P sees no end to banks' woes; pegs NPAs at 4.4% by Mar'15

Last Updated: Wednesday, October 23, 2013, 21:13

Indian banks will continue to face asset quality troubles till March 2015, and the gross non- performing assets (NPAs) in the system will grow to 4.4 percent by then, global credit ratings agency S&P said Wednesday.

Banks set for tepid earnings season: Analysts

Last Updated: Sunday, October 06, 2013, 15:16

Weak economic environment, rising non- performing assets and higher cost of funds will keep margins of banks under stress in the second quarter, say analysts.

Banks must be strict with wilful defaulters: Chidambaram

Last Updated: Thursday, August 29, 2013, 21:03

Public sector banks should deal strictly with wilful defaulters to check non-performing assets (NPAs) while being sympathetic towards borrowers facing difficulties, Finance Minister P Chidambaram said Thursday.

RBI to come out with more measures to rein in NPA: Subbarao

Last Updated: Thursday, August 01, 2013, 19:15

Concerned over rising bad loans, the Reserve Bank Thursday said it will take more measures to check non-performing assets (NPAs) of the public sector banks.

HDFC Bank Q1 net up 30%; stocks down 2.36% on NPA rise

Last Updated: Wednesday, July 17, 2013, 15:14

The proportion of retail loans in the portfolio grew to 54 percent, while corporates accounted for the remaining.