Sat, Oct 13, 2018
"It is important, therefore, that the PCA framework to deal with financially weak banks is persisted with. Any slackening of the approach in the midst of required course action is an all too familiar and ultimately harmful habit that we must eschew," he said.
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Mon, Sep 17, 2018
It said there has been an increase in the share of smaller corporates, and small and medium-sized enterprises and personal/retail loans in the special mention accounts (SMAs) pool in FY18 over FY17.
Sat, Sep 01, 2018
Credit to industry rose 0.3 per cent, with sub-sectors such as infrastructure, textiles, chemicals, food processing and engineering showing acceleration, while loans to basic metal and metal products, petroleum, coal products and nuclear fuels, cement and cement products and paper and paper products declined.
Mon, Sep 19, 2016
The worst is almost over for India’s banking system in the matter of asset quality, said the international ratings agency, Moody’s Investor Services on Monday.
Tue, Sep 06, 2016
The banking sector on Tuesday was trading up 1.73% intraday on BSE. With the public banking sector up 1.83% and private banking sector up 1.78% at 1200 hours. (See here)
Sun, Aug 21, 2016
A venomous snake called bad loans has been haunting Indian banks, especially the public sector lenders for a few years now.
Mon, Jul 18, 2016
30 lakh people have enrolled in the Atal Pension Yojana (APY) so far. Moreover, the Government said that nearly 5000 people are subscribing to the pension plan every day.
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