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Banks NPAs News

29 Jan 2017

'RBI may push back AQR exercise by few months on Demonetisation impact'

The Reserve Bank is expected to extend the deadline for asset quality review (AQR) of lenders by a few months because of the unusual situation in the financial sector following demonetisation, bankers said.

14 Oct 2016

India bright spot amid dim global economic outlook, but NPAs pose challenge: IMF chief economist

Describing India as a "bright spot" in the complex set of economic forces, IMF Chief Economist Maurice Obstfeld today said rising NPAs in Indian public sector banks remain a challenge despite progress.

11 Jul 2016

Government to begin fresh recapitalisation of ailing public sector banks

The Centre is likely to soon announce the first tranche of the Rs 25,000 crore capital infusion for public sector banks (PSBs), planned for this financial year (2016-17).

10 Mar 2016

No signs of sharp turnaround in economy in FY17: Crisil

Ratings agency Crisil has said that there are no signs of Indian economy sharply rebounding in the next financial year as the fiscal policy remains restrictive.

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