bad loans

Mumbai: With the Reserve Bank of India allowing six months to non-bank lenders to meet the asset classification norms, top NBFCs are preparing to sell off a big chunk of their bad asset pool to clean up their books and release liquidity.…

The RBI on Tuesday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or…

The Reserve Bank of India (RBI) expects bad loan growth to slow at banks under extreme macroeconomic stress as the recovery gathers pace, but warned about the precarious position of small and medium enterprises. Their status will only…

The banking sector needs to strengthen corporate governance and risk management practices to deal with the uncertainties created by the coronavirus pandemic, the…

The recent improvement in recovery of the non-performing assets and decline in provisioning of loans in the banking sector are expected to improve further in the…

The CBI has filed two supplementary chargesheets in connection with alleged illegal remittance of Rs 6,000 crore from a Bank of Baroda branch in Delhi to Hong Kong,…

The Reserve Bank of India (RBI) has turned down a plea by non-banking finance companies (NBFCs) for the easing of norms on income recognition, asset classification and provisioning. This will likely lead to a rise in bad loans at NBFCs. The…

RBI has decided against issuing banking licences to industrial groups despite suggestion by internal panel The story so far: The Reserve Bank of India (RBI) late last month decided to keep on hold the implementation of a recommendation…

“Time is not the essence for transfer of SRs. In the event of non-realisation of amount out of SRs, the bank is not liable to refund anything in part or full,” SBI said in the notice.Security receipts (SRs) issued against bad-loan sales…

‘This is the only way. Come back,’ PM tells absconding loan defaulters. Prime Minister Narendra Modi on Thursday asked bankers to be more proactive in lending to smaller businesses and help improve the viability and scale of their…