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.
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.
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.
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).
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.
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.
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.
Last Updated: Saturday, March 15, 2014, 22:15
Viswanathan said the country's largest lender has taken adequate steps to recover loans.
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.
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.
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.
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.
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