Realty sector gets NPA breather
The BSE Realty Index surged more than 1.6 per cent on the RBI announcement.
Realty sector gets NPA breather
Lenders told to postpone downgrade of builder loans by one year for projects facing genuine delays.
Bad loans of public sector banks fall to Rs 7.27 lakh crore at end of Sept 2019: Nirmala Sitharaman
"The government has instituted comprehens...
Corporation Bank Q3 Net jumps to Rs 421 crore on higher interest income, NPA still high
Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore, the lender said in a regulatory filing.
Bank of Baroda says fresh NPA accretion nearly peaked
"Given the fact that there are some indicators like the watch-list coming down, in terms of size, I can say with a reasonable degree of confidence that the slippage levels should be lower going forward," Chadha, who took over the charge last week told in an interview.
YES Bank ropes in Anshu Jain, former Chief of Deutsche Bank, to raise funds
Anshu Jain is currently the president of Cantor Fitzgerald, an investment bank and brokerage firm.
NBFCs' wholesale book under severe stress: Report
Almost all NBFCs have been under severe liquidity stress since the fall of industry major IL&FS in Sept 2018.
Bank panels to monitor probe progress
Finance minister Nirmala Sitharaman sent a strong message to banks to lend without fear of the ‘three Cs’ at a meeting last month. The ‘three Cs’ refer to the CBI, Comptroller and Auditor General of India and the CVC. Sitharaman also assured bankers that a distinction would be made between genuine commercial failure and deliberate wrongdoing.
Market Movers: IndiaMart, ZEE soar; Maruti, Alembic hit hard; 132 stocks flash ‘sell’ signals
BSE flagship Sensex closed 208 points lower at 41,115 while Nifty shed 62.95 points to 12,106.
SBI Life Q3 profit up 47% at Rs 390 crore
The private insurer's PAT stood at Rs 264.28 crore during the October-December period last year.
Banking industry's NPA situation to improve by fiscal-end: SBI chairman
Rajnish Kumar added that there are opportunities to lend in sectors such as infrastructure and consumer lending as there is not much of a decline in demand from consumers. On transmission of monetary policy, he said the banks cannot lower rates beyond a threshold due to asset liability mismatch issues.
What is bank recapitalisation and how is it done?
Bank recapitalisation, means infusing more capital in state-run banks so that they meet the capital adequacy norms. The government, using different instruments, infuses capital into banks facing shortage of capital.
Allahabad Bank reports Rs 67 crore divergence in gross NPA
Divergence in gross NPA is the difference in gross bad loans reported by banks and the assessment done by Reserve Bank of India. Allahabad Bank had reported Rs 28705 crore gross NPA as on March 2019 while RBI assessed its gross NPA at Rs 28772 crore.
HDFC to invest Rs 250 cr in stressed assets fund for realty sector: CEO Keki Mistry
Mistry said HDFC has been going slow on project loans for the last four to five quarters because of the overall conditions, but it is focusing on the individual loans segment with the same vigour as before. He said the real estate sector is very important for the economy because it helps creates jobs both directly and indirectly.
With new Maha offer, farm loan write-offs touch Rs 4.7 lakh cr in last 10 yrs
Even though agriculture NPA was only Rs 1.1 lakh crore or 12.4 per cent of the overall NPAs in FY19, if we accounted for Rs 3.14 lakh crore worth of farm loan waivers announced in the last decade, agri NPAs/burden for the exchequer/banks could be as much as staggering Rs 4.2 lakh crore and if the latest Rs 45,000-51,000 crore of write-offs announced by Maharashtra this could be at Rs 4.7 lakh crore.
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