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Stress loans of listed banks rose 50% in calendar year 2013: StudyThe data shows that net NPA rose most for ING Vysya by 359% followed by Bank of Maharashtra by 352%. United Bank stood third.- Bank's non performing assets surged 50% in 2013: ReportNPAs of listed banks rose 35.2 per cent to Rs 2.43 trillion during the first three quarters of the current financial year, according to an ...
- Listed banks saw 38% rise in bad loans for 6-months ending September 2013Data compiled by npasource.com shows that prior to provisions bad loan or gross NPA as on September 2013 stood at Rs 2,29,007 crore.
- Net NPA rises 51% for 39 listed banks in FY 2012-13 over previous yearSlowdown in the economy and higher cost of funds has resulted in listed commercial banks showing a 51% rise in bad loans in the fiscal year...
- Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banksThe finance ministry now wants banks to step up their recovery process and ensure that the restructured accounts are back on track.
- Over a dozen banks posted 100 per cent plus jump in net NPAs: SurveySBI too saw its net NPAs shoot up by 40% in during the first half of 2012-13 as against an increase of 28% in the previous financial year.
- How Devendra Jain made a fortune from reviving sick firmsDevendra Jain made Rs 1 crore last year, helping bankrupt companies to get back on their feet.
- Tamil Nadu, Uttar Pradesh, Gujarat have large no of substandard properties: StudyTamil Nadu, Uttar Pradesh, Gujarat and Andhra Pradesh have the highest number of substandard properties, according to a study.
- NPAsource.com to help dispose NPA's worth Rs 20,000 cr: Devendra JainProviding an online platform for resolution of NPAs- NPAsource.com - today said it aims at disposal of Rs 20,000 crore worth NPAs over the ...
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