The massive revision of bad loan resolution norms will lead to a spike in impaired assets in the March 2018 numbers, but will peak by mid 2...

The government, he said, "is committed for taking stringent action against NPAs and other irregularities."

The Reserve Bank of India has asked concurrent auditors of commercial banks to do to submit their review of non-performing loans directly t...

The bank also tied up with GE Capital for proactively making calls to SMAs in retail segment and real estate sector to prevent slippages.

The proposed institution, which will enable quick sharing of information on entities found to be defrauding banks, would work under the sup...

Chakrabarty today said private banks have been able to contain issues around asset quality plaguing the sector due to better corporate gove...

"The gross NPA percentage for banking system as a whole could rise further to 4.2-4.4 per cent as on March 31, from 4.1 per cent as on Dece...

Banks are well-prepared to deal with various types of frauds and have an efficient system in place to save them from such risks, says a rep...

UBI, which slipped as much as 3.5% in trade on reports that Archana Bhargava has resigned as CMD of the bank following a probe by the RBI.

Archana Bhargava resigned as CMD of the bank following a probe by Reserve Bank of India (RBI) into possible mismanagement of NPAs.

United Bank of India, whose genesis goes back to 1914, is facing one of the worst crises in its history.

A Deloitte report suggests serious lapses on the credit appraisal and automated NPA detection system of the bank.

Reserve Bank of India plans to mandate independent valuations for large restructuring proposals to ensure viability and fairness, governor ...

Since 2000, Indian banks have written off more than Rs 1 lakh crore in bad loans, many of which first went through the restructuring proces...

RBI could consider setting up of a Fraud Registry on the lines of Credit Information Bureau to check criminal activities in the financial s...

Gross NPA of PSU banks jumped to Rs 1,84,193 crore in December 2012 compared to Rs 1,37,102 crore in March 2012.

Non-performing assets of public sector banks rose to Rs 1,11,664 crore in 2012 from Rs 52,807 crore in 2003, data from the RBI said.