SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
29 Apr, 2026, 12.40 AM IST
ECL norms from April 2027: Indian banks are ready, says Dinesh Kumar KharaIndian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means ...
28 Apr, 2026, 02.49 PM IST
Expected credit loss rules: New provisioning framework to come into force in April 2027The new ECL guidelines would introduce a "staging framework" for asset classification under the ECL approach, replacing the existing incurr...
28 Apr, 2026, 07.26 AM IST
RBI declines pleas for more time, ECL to be effective from April 2027The Reserve Bank of India will implement a new Expected Credit Loss provisioning system from April 1, 2025. Banks must adopt this proactive...
28 Apr, 2026, 12.17 AM IST
RBI eases NPA-linked capital rules, scraps IFR buffer for banksThe Reserve Bank of India is easing capital rules for banks. A key condition linking quarterly profits to capital adequacy based on NPA pro...
08 Apr, 2026, 11.43 AM IST
Banks should shift exposures from vulnerable MSMEs, lay-off-exposed retail borrowers: EYBanks must act on early risk signals amid the West Asia war. EY suggests shifting exposure from vulnerable small businesses and retail borr...
07 Apr, 2026, 06.07 PM IST
Home loan default case: Why acting within 45 days can stop a bank auctionBanks can auction homes for home loan defaults. Borrowers facing this can approach the Debt Recovery Tribunal within 45 days of the bank's ...
17 Mar, 2026, 02.51 PM IST
Missed home loan EMIs? Law gives you 105 days before bank can start auction of your houseHomeowners get a 105-day window before banks can auction their property for missed EMIs. This period follows the SARFAESI Act and RBI rules...
12 Mar, 2026, 02.09 PM IST
NBFCs ask RBI Guv to relax NPA classification deadlineNon-bank lenders have reached out to the Reserve Bank of India Governor Shaktikanta Das for a relaxation in the deadline to comply with the...
19 Nov, 2021, 07.20 AM IST
RBI asks banks not to standardise bad loans on just getting interest paymentsIssuing some clarifications to all the extant provisions and including the ones issued on October 1, 2021, on the prudential norms on incom...
12 Nov, 2021, 10.18 PM IST
RBI imposes Rs 79 lakh penalty on Mumbai-based Apna Sahakari BankThe penalty was imposed after considering the bank's reply to the notice, additional submissions and oral submissions made during personal ...
24 Sep, 2021, 08.37 PM IST
RBI asks banks to fully automate NPA recognition process“Banks should ensure that the asset classification status is updated as part of day end process,” the RBI said. “In any exceptional circums...
14 Sep, 2020, 05.02 PM IST
Bankers' union demand roll back of IRAC normsNew norms to increase the burden of NPAs on banks and hurt businesses as well as bankers deny credit line to those who have not paid intere...
30 Mar, 2018, 09.37 PM IST
Infosys cites UBI official to say no deficiencies in softwareInfosys issued a statement quoting a senior bank official to say there were "no inherent deficiencies."
20 Feb, 2014, 09.55 PM IST
United Bank of India blames Infosys software for wrong NPA entriesUBI today said the software system sourced from Infosys has "inherent deficiencies" in identifying quality of assets in certain categories.
19 Feb, 2014, 09.06 PM IST
- Revised NPA classification to raise capital needs of NBFCs: Assocham
Assocham today said the revised classification of non-performing assets for NBFCs will raise their capital requirement and cost of lending.
09 Oct, 2011, 12.42 PM IST
- Norms for classification of NPA tightened
The Reserve Bank of India has tightened the prudential norms on classification of non-performing assets in line with the recommendations of...
30 Apr, 2002, 06.40 AM IST