New Delhi: The RBI has found several instances of Asset Reconstruction Companies, which have been set…
Tag: NPA
RBI proposes stringent rules for funding under-construction projects: What will be the impact?
Image Source : FILE PHOTO Reserve Bank of India (RBI) building. The Reserve Bank of India…
IDBI Bank Registers 44% Jump In Net Profit For Jan-March Quarter
IDBI Bank’s provisions on bad debts written off came down sharply to Rs 1,049 crore from…
SBI Net Profit Declines 35 Pc To Rs 9,164 Crore In Q3
New Delhi: The country’s largest lender SBI on Saturday reported a 35 percent fall in standalone…
Cooperative Banks Will Soon Be Able To Do Compromise Settlements, Write-Offs On NPAs: RBI Governor
MUMBAI: Reserve Bank Governor Shaktikanta Das on Thursday said cooperative lenders will soon be able to…
ICICI Financial institution Q1 revenue zooms 50% to ₹6,905 crore
ICICI Financial institution on Saturday reported a 50 per cent soar in standalone web revenue to…
Bank NPAs at 6-year low, still higher than comparable economies – Times of India
Mumbai: Gross non-performing assets (GNPAs) of banks have hit a six-year low of 5.9% as of…
‘Tamasha’, ‘Nautanki’ companies duped Rs 150 crore from 3 big banks
New Delhi: Some Indian companies, which have just turned non-performing assets, have defrauded three reputed Indian…
Bank Fraud: Lenders to Approach RBI to Seek Change in Definition; Here’s Why
As part of efforts to move away from the requirement of all banks to label a…
Liquidation Under NCLT Driven Process: SBI On ABG Shipyard Bank Fraud Case
New Delhi: With the Central Bureau of Investigation (CBI) registering an FIR against ABG Shipyard Ltd…