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PSU bad loans News

15 Oct 2016

'Bank NPAs appear to be bigger scam than 2G scam'

Attacking the BJP-led Central government over loan waivers for corporates, CPI-M General Secretary Sitaram Yechury on Saturday said the unpaid loans owed by private companies to the nationalised banks was a scam "10 times bigger" than the 2G spectrum scandal.

non performing assets

04 Oct 2016

RBI to come out with modified norms by October-end to effectively deal with NPAs

In order to effectively deal with high NPA problem, the Reserve Bank today said it will come out with a modified guidelines by month-end to allow portion of sustainable bad loans to be treated as a standard asset.

11 Jul 2016

Government to begin fresh recapitalisation of ailing public sector banks

The Centre is likely to soon announce the first tranche of the Rs 25,000 crore capital infusion for public sector banks (PSBs), planned for this financial year (2016-17).

28 Jun 2016

Indian banks' bad loans may rise to 8.5% by March 2017: RBI

Gross bad loans at Indian banks may rise to 8.5 percent of total assets by March 2017 from 7.6 percent in March 2016 if the central bank orders them to conduct a second round of asset quality reviews, a Reserve Bank of India (RBI) report said on Tuesday.

PSU head meet with Finance Minister

06 Jun 2016

PSU banks to get more muscle to tackle bad loans

Public Sector Banks( PSUs) are going to get greater support from government in their struggle to recover bad loans.

Rising bad loans

05 Apr 2016

RBI to soon release framework for large exposure of loans

Concerned over rising bad loans, the Reserve Bank will soon come out with a draft framework on large exposure of bank loans to corporates.

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