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Bank Debts

Unable to pay loan? Get ready to be named and shamed

India`s bad debt pile, dominated by corporate loans, is at its highest in a decade, swollen by an economic slowdown, loose lending and, in many cases, banks` own failure to do enough to chase down rogue debtors.

Jul 23, 2015, 08:43 AM IST

SBI may offer stock options, recruit specialists to overhaul debt-heavy sector

State Bank of India , the country`s largest lender, may offer employee share options, recruit specialists and promote faster - radical changes that promise to shake up a bloated, debt-heavy sector.

Apr 01, 2015, 11:08 AM IST

BOA to pay $32mn fine over 'harassing debt calls'

Bank of America Corp. has reportedly agreed to pay 32 million dollars in fine over charges of making harassing debt collection calls.

Oct 01, 2013, 12:25 PM IST