Wed, Jul 03, 2019
Disinvestment target has been on full swing by Indian government, with stake sales taking place in various state-owned companies either by IPOs, OFS, buybacks and others.
More >
Tue, Jun 18, 2019
Nair not only spoke about Budget 2019, but also highlighted key pointers for the Indian economy.
Sun, Jan 06, 2019
Following the review, as many as 35 overseas operations were closed while 69 are under process or being considered for rationalisation, sources said.
Thu, Dec 27, 2018
The seven PSBs include United Bank of India, Central Bank of India, Bank of India, UCO Bank, Oriental Bank of Commerce (OBC), Bank of Maharashtra and Syndicate Bank.
Sat, Dec 22, 2018
Most of the banks had already informed their customers about the one-day strike, called by AIBOC, and its impact on their normal banking operations.
Mon, Sep 17, 2018
Shares issued under the scheme are locked in for a year. The share price of the bank tanked over 39% from December 2017, when the sale was approved by the bank’s Board, to July when the pricing of ESPS was announced.
Mon, Aug 13, 2018
The outlook for the country's banking sector is likely to remain negative until its capital position strengthens in proportion to the bad loans and weak financial performances, according to Fitch Ratings.
Mon, Dec 12, 2016
Nitin Aggarwal and Renish Patel analysts of Antique Stock Broking firm said, “Treasury gains will add upto 6% in operating earnings of major public sector undertakings (PSU) banks over second half of current fiscal year (2HFY17), assuming 50 basis point reduction in interest rate across yield curve.”
Tue, Oct 11, 2016
N. S. Vishwanathan, Deputy Governor of RBI said, "If banks continue to remain saddled with huge NPAs for a long time, it would make them risk averse and choke the lending for economic activities in general. "
Reserve Bank of India's (RBI) data has revealed that stressed loans have crossed $ 138 billion (approx Rs 8,71,746 crore) in June 2016, an increase of 15% in just six months, data accessed by Reuters showed.
Mon, Oct 10, 2016
Kotak Institutional Equities Research said, "Banks are expected to report 15% yoy decline in earnings on the back of accelerating revenue growth of 18% yoy led by higher treasury income as they continue to provide for bad loans (82% yoy) for NPLs."
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.
Tue, Aug 09, 2016
Government today said the top 100 borrowers of public sector banks owe nearly Rs 14 lakh crore to them.
Thu, Jul 21, 2016
The All India Bank Employees’ Association has released a list of wilful defaulters.
Wed, Jul 20, 2016
India’s bad debt is concentrated in four sectors - iron and steel, construction and infrastructure, power and textile which hold 55% of the total Rs 11.8 trillion debt, a report by India Ratings agency stated.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
![Do they really want to solve "bad loan" problem?](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2016/10/11/8205-rupee-reuters.jpg?itok=YWQh399c&c=22a12e4955a45ac46b05732047323c73 "Do they really want to solve "bad loan" problem?")
