Category: RBI–Banks

Emboldened by the Banking Regulation (Amendment) Ordinance, the RBI is expected to push for resolution bad loans worth around Rs. 8 lakh crore by March

Banks hoping to escape steep provisions on loans referred to bankruptcy court, apart from the 12 companies that the Reserve Bank of India (RBI) recently

Shares of Kotak Mahindra bankBSE -0.42 % (KMB) have been lagging its peers – most expensive private banks in terms of valuation – this year

Axis Bank on Tuesday reported a 16% decline in year-on-year net profit to Rs 1,305.60 crore, hurt by higher provisions for bad loans and lower

On Sunday, November 23, 2008, the United States government, acting in concert with the Board of Governors of the Federal Reserve System and the Federal

The Gujarat High Court’s decision to dismiss Essar Steel’s petition challenging the initiation of bankruptcy proceedings against the company came as a huge relief to

Era Infra Engineering on Tuesday argued that all winding up petitions against the company being heard in courts under the Companies Act be clubbed under

It’s not just large private sector banks that are offering instant loans to their customers through ATMs or via online bank accounts. Financial technology start-ups

As the RBI, the banks and the new Bankruptcy Board double down to the task of resolving the bad loan imbroglio, one thing is becoming

A recent Crisil research report has said that the top 50 stressed assets, which account for over half the total NPAs of ₹8 lakh crore,

The government has begun work on laying down a process for individuals to be declared bankrupt, which will help them deal with a financial crisis

Veteran banker Aditya Puri today said initiating insolvency proceedings is not the “best solution” to fight the bad loan issue and advocated using the recently

For HDFC Bank investors, used to seeing gross non-performing assets (NPAs) of about 1 per cent, the June quarter (Q1) result is certainly an aberration.

The National Company Law Tribunal (NCLT) has reportedly asked why the RBI needs to issue directions to banks to initiate bankruptcy proceedings against defaulters. Credit-rating

Graduates are unable to repay education loans because they cannot find jobs in a period of jobless growth There is A government policy for everything.

Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public

India Ratings has downgraded its outlook on Syndicate Bank’s existing Tier-I and Tier-II bonds from ‘stable’ to ‘negative’, due to a weakening credit profile of

Amid talks of consolidation gaining currency in the Indian banking space, public sector lender Dena Bank’s Chairman and Managing Director (CMD) Ashwani Kumar has said