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Bank assets News

02 Jul 2016

This is how interest is calculated on credit card balance

Knowledge about how interest is calculated is an important approach towards using credit card more effectively.

Wilful Defaulter

17 Mar 2016

Government to make wilful default a criminal offence

In order to tackle the crisis on bad loans, the Centre is contemplating a revamp on loan defaulters.

01 Feb 2016

Banks impaired asset ratio to rise to 12.5% by FY17: Ind-Ra

Stressed assets in the banking system is likely to rise to 12.5 percent by the next fiscal against an estimated 12 percent in the current financial year, India Ratings said today.

16 Oct 2014

Federal Bank Net up 6.4% on high fee income, better assets

South-based private sector lender Federal Bank Thursday reported a 6.42 percent rise in September quarter net at Rs 240.30 crore, helped by a reduction in bad assets and better income.

26 Jun 2014

Banks' asset quality better but systemic risks up: RBI

The Reserve Bank of India on Thursday said the overall asset quality of banks has improved in the recent past with a reduction in bad loans, although systemic risks have increased.

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