People familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...

PNB shares have experienced a notable decline over the past year, falling by 29.43%. In the last six months, the drop has been 18.75%, and ...

Punjab and Sind Bank (PSB) has notified that Mahanagar Telephone Nigam Limited (MTNL) accounts are now classified as Non-Performing Assets ...

Finance Minister Nirmala Sitharaman announced that public sector banks' non-performing assets (NPAs) for Mudra loans declined to 3.4% in 20...

The Delhi High Court has ordered a consortium of 13 lenders, including Punjab National Bank, to upgrade Jindal India Thermal Power's non-pe...

For the first time, leading banks have said they are willing to explore an arrangement for sharing some information on corporate defaults w...

Fidelity, Capital, Eastspring and SBI MF are likely buyers of STFC shares.

The IBBI Chairperson said that this is also important to prevent companies from going into liquidation as this should only be the last opti...

Those studying nursing courses formed 21.28% of the total education sector bad loan portfolio.

The banking regulator’s reluctance to do so stems from the prospect of the data leaking as it becomes known to a wider set of people.

RBI norms require lenders to start NPA proceedings under the cross-default clause even if the delinquency is in respect of another loan.

This would come into force from October 1, the Sebi said in a circular.

Vinay Sharma, fund manager, ICICI Prudential AMC, says the preferred way to enter a sector theme would be through SIPs rather than lumpsum ...

Diversion of funds by corporates to unrelated activities through fraudulent means is one of the reasons for the rising non-performing asset...

nion Bank of India has Non- Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.

Chakrabarty said banks should make use of the credit information bureau to share details of willful defaulters and shun them entirely.

This announcement comes at a time when the banking sector is seeing a surge in corporate debt restructuring and rising bad loans.