non-performing-assets - Latest News on non-performing-assets | Read Breaking News on Zee News

SBI sells NPA worth Rs 3,590 cr to ARCs last fiscal

Last Updated: Tuesday, July 15, 2014, 17:04

State Bank of India sold non-performing assets worth Rs 3,590 crore to various asset reconstruction companies (ARCs) during 2013-14.

Economic Survey 2013-14: Growth of NPAs is a cause for concern

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.

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).

Fitch sees level of NPAs, recast loans rising to 15% in FY15

Last Updated: Thursday, April 17, 2014, 19:43

Stressed assets, which include gross non-performing assets and restructured debt, stood at 10.2 percent as of September.

Rajan concerned about NPAs, expects situation to improve

Last Updated: Friday, March 28, 2014, 21:26

Expressing concern over rising NPAs, Reserve Bank Governor Raghuram Rajan on Friday said the situation would improve with stabilisation of the economy.

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.

NPAs a big challenge, says SBI MD

Last Updated: Saturday, March 15, 2014, 22:15

Viswanathan said the country's largest lender has taken adequate steps to recover loans.

SBI mulls selling bad assets to ARCs in Jan-Mar quarter

Last Updated: Saturday, March 08, 2014, 14:39

Country's largest bank SBI is considering partial sale of non-performing assets to asset reconstruction companies.

Taking steps to reduce NPAs: SBI

Last Updated: Sunday, March 02, 2014, 18:59

State Bank of India is taking initiatives to reduce bad loans which have reached 5.73 percent, SBI Managing Director and Group Executive (National Banking), A Krishnakumar has said.

NPAs soar 35.2% to Rs 2.43 trillion in 9 months ended December

Last Updated: Tuesday, February 18, 2014, 17:16

The gross non-performing assets (NPAs) of listed banks rose 35.2 percent to Rs 2.43 trillion during the first three quarters of the current financial year, according to an industry report.

SBI declares war on NPAs as bad loans spurt

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.