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PSU NPAs News

Bank strike in February

26 Feb 2017

Bank strike likely on February 28, to hit most PSU bank services

Operations at public sector banks may be hit on Tuesday as most unions under the aegis of UFBU have threatened to go on strike to press for various demands, including accountability of top executives in view of mounting bad loans in the banking sector.

Recapitalisation of Public Sector Banks

11 Sep 2016

Finance Ministry revises criteria for recapitalisation of PSU banks

State-owned banks looking forward to the next round of capital infusion will need to fulfill a new set of criteria, including credit recovery, as the Finance Ministry has revised the recapitalisation norms.

28 Jun 2016

Indian banks' bad loans may rise to 8.5% by March 2017: RBI

Gross bad loans at Indian banks may rise to 8.5 percent of total assets by March 2017 from 7.6 percent in March 2016 if the central bank orders them to conduct a second round of asset quality reviews, a Reserve Bank of India (RBI) report said on Tuesday.

Bank Board Bureau

20 May 2016

'Intermediate mechanism for NPA resolution on anvil'

Worried over mounting bad loans, the Bank Board Bureau (BBB) is working out an "intermediate mechanism" to ensure early resolution of the problem and also to provide comfort to the bank management with regard to settlement of dues.

PSU loan defaults

20 May 2016

No bonus for PSU bank chiefs for missing targets!

Corporate debt in India

19 Apr 2016

Corporate debt worth $178 billion at default risk: BNP Paribas

A whopping 16.1 percent or USD 178 billion worth of corporate credit in India is at risk of default, making the domestic banking system the worst in Asia in terms of bad loans, says a report.

NPAs of public sector banks

12 Feb 2016

More steps in offing to empower banks to recover bad loans: FM

Finance Minister Arun Jaitley today said the government is considering more steps to empower banks to recover bad loans, and in any case the volume and extent of the problem should not be exaggerated so as to lead to any panic.

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