SEARCHED FOR:BAD LOANS
FPIs may be allowed to buy bad loans directly
Sebi nod likely soon; move part of RBI effort to enhance liquidity in stressed asset market
FM asks PSU banks to keep bad loans under check
Sitharaman asked PSU banks to start restructuring loans of below Rs 1,500 crore by the end of...
Banks' bad loan recovery hits Covid wall
State Bank of India (SBI), Bank of Baroda, Bank of India, Canara Bank and Central Bank of India reco...
State Bank of India kicks off restructuring of retail loans
Customers have to enter their loan account number, income pre Covid, current income and also expected income in the near term for the bank to assess whether they are eligible. They will be given a reference number valid for 30 days to visit the bank's branches and chalk out a restructuring plan.
RBI flags stock market cheer, warns of bad loan spike
There is "a growing disconnect between the movements in certain segments of financial markets and real sector activity,'' said RBI Governor Shaktikanta Das.
Edelweiss ARC sees record recovery of bad loans in FY20
The record recoveries strengthen the financial position that could help it bid aggressively for bad loans this fiscal as bankers and investors expect a surge in defaults following the national lockdown that has crippled economic activity.
Banks go in clean-up mode fearing jump in bad loans by December quarter
The write-down is more than 10% higher from the same period last year when they together wiped clean off their books nearly Rs 17,000 crore in bad loans, data compiled by ET showed. The banks also recorded significantly lower slippages thanks to the Reserve Bank of India’s standstill clause, which gave them the opportunity to put their books in order.
Chinese banks must brace for surge in bad loans: Regulator
China's Banking and Insurance Regulatory Commission said in a statement that profit growth would slow sharply at some banks while others could see profits decline.
India Inc has a long wishlist but first wants to know how much govt can spend
The Confederation of Indian Industry suggested the government extend coverage under ECGLS to stressed sectors, including civil aviation, hospitality and tourism and construction sectors, who can avail of the unutilized funds under the scheme.
View: Bad bank not an optimum solution to mounting bad loan menace in India
The objective of the bad bank is undoubtedly laudable. It however needs to be subjected to the test of realism and pragmatism. The then RBI governor Mr Raghuram Rajan felt that bad bank creates a moral hazard enabling banks to continue with their reckless lending practices.
RBI pushes lenders to raise funds over bad debt pile-up
Most public sector banks are reluctant to hit the equity markets because their valuations have taken a beating. This substantially reduces the headroom for them to raise capital as they need to retain government stake at over 51%.
Raghuram Rajan explains how to fix India's debt-laden banking system in the middle of Covid storm
Even before the stalled infrastructure projects of previous regimes had been cleaned up, the current government pushed lending to small and medium firms. NPAs from this sector are now alarming and, in time-honoured fashion, may be pushed under the carpet. We must do better, and GoI may now have no option.
RBI tells ARCs to follow uniform standards while buying bad loans from banks
The banking regulator directed these entities to put fair practices code (FPC) in place to ensure transparency.
India risks ‘Japanification’ as bad loans surge, says Viral Acharya
The ex-central banker was referring to Japan’s experience in the 1990s when a weak banking and financial sector crippled activity and contributed to a lost decade of sub-par economic growth. The RBI sees the country’s bad-loan ratio swelling to the highest level in more than two decades — to 12.5% by March 2021, the highest level since 1999.
Bank bad loans to rise by 620 bps by March, 5 banks may fail to meet capital norms, warns RBI Financial Stability Report
The RBI report said the public sector banks’ gross bad loans ratio of 11.3 per cent at the end of March may increase to 15.2 per cent by March 2021 under the baseline scenario.