Last Updated: Thursday, March 06, 2014, 19:30
Icra said the RBI's proposed framework for the early detection of NPAs and better management of bad assets can be a positive for the sector.
Last Updated: Wednesday, March 05, 2014, 15:25
The Minister also said the banks recovered Rs 18,933 crore worth of bad loans during the April-December period.
Last Updated: Wednesday, March 05, 2014, 15:00
Chidambaram said that banks recovered bad loans worth 189.33 billion rupees during April to December.
Last Updated: Wednesday, March 05, 2014, 14:07
Finance Minister P Chidambaram on Wednesday said that high bad loans will remain biggest challenge for public sector banks.
Last Updated: Saturday, March 01, 2014, 10:26
Citigroup Inc said on Friday that it has discovered at least USD 400 million in fraudulent loans in its Mexico subsidiary and said employees may have been in on the crime.
Last Updated: Friday, February 28, 2014, 21:11
MPs failed to adopt a first version of the controversial bill in a tied vote on Thursday evening which threw the bailout deal with international creditors into disarray.
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.
Last Updated: Monday, February 24, 2014, 11:21
China shares tumbled to their lowest in two weeks early on Monday, hurting Hong Kong markets, roiled by mainland news reports saying banks have begun tightening property loans.
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.
Last Updated: Friday, February 14, 2014, 22:52
Faced with rising bad loan problems, the country's largest lender State Bank Friday announced a new roadmap which will limit slippages and also give early warning on stressed assets.
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.
Last Updated: Sunday, February 09, 2014, 17:20
While some banks had started publishing photographs of borrowers and guarantors for failed loans, others have exercised restraint, it said.
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