Kolkata, August 21
Looking to bring down gross NPAs to 2% this fiscal: CMD
August 12, 2014
Bhushan Steel, with a large amount of debt in proportion to its equity (3.5 times more), is a highly leveraged company. The company’s consolidated debt stands at ₹31,839 crore, having risen 18 per...
Hyderabad, August 5
No clarity yet on debt relief in AP, Telangana
Chennai, July 29
Non—banking finance company Shriram City Union has reported an 8.8 per cent increase in net profit at Rs 127.72 crore for the first quarter ended June 30, 2014.The company had reported net...
Hyderabad, July 19
Bank Employees Federation of India (BEFI) on Saturday released a list of 1,129 'wilful' corporate loan defaulters aggregating to about ₹54,000 crore. All the companies mentione...
Coimbatore, July 17
A better mechanism to recover bad loans and effective dealing with the high volume of defaulters is the need of the hour, said CH Venkatachalam, General Secretary, All-India Bank E...
Chennai, July 15
Judicial reforms that cause delays in the recovery process of Asset Reconstruction Companies must be addressed first
Mumbai, July 7
In case of default, the insurer will make good the loan to the bank
Mumbai, August 21
Nature of contract with Govt decides risk allocation to private sector
Mumbai, August 18
ARCs’ assets under management could drop on high upfront payment to banks »
Mumbai, August 6
In a bid to improve the sale of bad loans in the banking system, the Reserve Bank of India has tightened the regulatory framework for asset reconstruction companies.The RBI said ARC...
July 31, 2014
Mechanisms to deal with stressed assets need a relook. A national asset management company would help
Hyderabad, July 21
Says 1,129 firms ‘wilfully’ defaulting on ₹54,000-cr loans »
Mumbai, July 18
The top 30 bad loan accounts in the case of 24 banks add up to ₹70,300 crore.
Kochi, July 16
Federal Bank has doubled its net profit in the first quarter over the same period last year.
The bank, which announced its quarterly results on Wednesday, recorded a net profit of ₹220.23...
July 14, 2014
Will help India Inc, banks tackle the problem of bad loans, says Brescon Corporate MD
July 4, 2014
The worst may be over for the Indian banking industry