Bad loans

Finance Minister Nirmala Sitharaman on Friday chaired a meeting with chiefs of public sector banks and assessed their…

The recent improvement in recovery of the non-performing assets and decline in provisioning of loans in the banking…

The Reserve Bank of India (RBI) has turned down a plea by non-banking finance companies (NBFCs) for the easing of norms on income recognition, asset classification and provisioning. This…

RBI has decided against issuing banking licences to industrial groups despite suggestion by internal panel The story so far: The Reserve Bank of India (RBI) late last month decided to…

Reserve Bank of India on Friday released recommendations of the Internal Working Group to review extant ownership…

‘This is the only way. Come back,’ PM tells absconding loan defaulters. Prime Minister Narendra Modi on Thursday asked bankers to be more proactive in lending to smaller businesses and…

The National Bank for Agriculture & Rural Development (Nabard), Small Industries Development Bank of India (Sidbi) and are likely to take a hit as the three financial institutions…

Will the new financial entity help to solve the problem of non-performing assets or bad loans? The story so far: The Union Cabinet on Wednesday approved a ₹30,600-crore backstop facility…

Even as most of the lenders see an increase in bad loans, Centre is planning to ask PSU banks to reach out to every district to expand lending in order to boost demand in the economy.…