Bad Loans

Bank of Baroda Posts Q4 Loss Of Rs 3,102 Crore

Business | Thomson Reuters | Friday May 25, 2018

Bank of Baroda's gross bad loans as a percentage of total loans stood at 12.26% at end-March.

IDBI Bank Posts Q4 Loss Of Rs 5,663 Crore

Business | Thomson Reuters | Friday May 25, 2018

IDBI Banks's gross bad loans as a percentage of total loans stood at 27.95% at end-March.

India's $32 Billion Bailout To State Banks Stumbles As Losses Mount

Business | Thomson Reuters | Friday May 25, 2018

Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter.

Bad Loans-Laden PSU Banks To Meet RBI's Minimum Capital Requirements, Says Government

Business | NDTV Profit Team | Wednesday May 23, 2018

Bad loans, NPAs, SBI, PNB, Bhushan Steel, "When you do the cleaning part, a bit of dust, a bit of pain, is okay," Union financial services secretary Rajeev Kumar

State Bank Of India Reports Record Loss Of $1.1 Billion In March Quarter, Shares Surge

Business | NDTV Profit Team | Wednesday May 23, 2018

Gross bad loans as a percentage of total loans rose to 10.91 percent from 10.35 percent three months earlier and 6.90 percent a year prior, the lender said in a statement.

Bad Loans Push Four Public Sector Banks To Combined Rs 11,729 Crore Q4 Loss

Business | Thomson Reuters | Sunday May 13, 2018

Allahabad Bank reported a net loss of Rs 3,510 crore and UCO Bank a Rs 2,134 crore loss.

Fear Psychosis Among Banks Pushing Companies Into Liquidation: Report

Business | Anto Antony, Bloomberg | Tuesday May 8, 2018

Current and former top bankers from at least four state-run lenders are under investigation for alleged impropriety over their lending decisions, while the Central Bureau of Investigation has started a preliminary inquiry into an alleged nexus between Videocon Chairman Venugopal Dhoot and the spouse of ICICI Bank Ltd.

ICICI Bank Q4 Net Profit Nearly Halves To Rs 1,020 Crore On Higher Provisioning For Bad Loans

Business | NDTV Profit Team | Monday May 7, 2018

ICICI Bank Q4 net interest income rose 1 percent on the year to Rs 6,022 crore, while net interest margin rose 3.24 percent.

Kotak Mahindra Bank Q4 Profit Jumps 15% To Rs 1,124 Crore

Business | Thomson Reuters | Monday April 30, 2018

Kotak Mahindra's gross bad loans as a percentage of total loans dropped to 2.22% as of end-March.

Axis Bank Posts Surprise Loss Of Rs 2,189 Crore in Q4

Business | Thomson Reuters | Friday April 27, 2018

Axis Bank's gross bad loans as a percentage of total loans rose to 6.77 per cent at end-March.

Hit By Bad Loans, PNB To Hire Detective Agencies To Locate Untraceable Borrowers

Business | Pres Trust of India | Wednesday April 25, 2018

PNB had gross NPAs of Rs 57,519 crore or 12.11% of gross advances as of December 2017.

Infrastructure Lending May Take A Back Seat, Say Bankers

Business | NDTV Profit Team | Monday April 23, 2018

Owing to certain stringent criterion in the new framework, which includes one-day reporting of defaults, lenders have asked for some leniency but the RBI has not granted any relaxation to its February 12 circular.

Parliamentary Panel Discusses NPA Issue With RBI Governor, Bankers

Business | Press Trust of India | Tuesday April 10, 2018

Gross NPAs of state-owned banks had crossed Rs 7.77 lakh crore at the end of December 2017.

"Is Everyone A Terrorist?" Supreme Court Judge Asks Why Link Cellphone To Aadhaar

India News | Reported by A Vaidyanathan, Edited by Aloke Tikku | Friday April 6, 2018

The government's decision to use Aadhaar to reach benefits to the poor, curb money laundering and protect tax collections is understandable, the Supreme Court remarked on Thursday. But, the Supreme Court asked, could the government go on to make Aadhaar mandatory for every transaction. "There comes the problem," Justice DY Chandrachud observed, won...

Banks Stare At Rs 2.5 Lakh Crore New Dud Loans From Power Sector: BofA-ML

Business | Pres Trust of India | Wednesday April 4, 2018

Report is based on the fact that as much as 71 gw of private sector coal-based projects are facing bankruptcy.