BJP undecided over supporting NPP in Meghalaya's Garo tribal councilThe NPP has secured the support of the three independent MDCs (member of district council) and the GNC member and named the alliance Garo H...
17 Apr, 2021, 04.10 PM IST
Dozen shell firms, 44 costly paintings and Rs 2000 crore investments of Rana Kapoor under ED scannerThe Kapoor's linked firm, DoIT Urban Ventures (India) Pvt Ltd, is alleged to have received the funds when Yes Bank had a exposure of more t...
08 Mar, 2020, 02.15 PM IST
NBFC stocks slip as loan growth moves into negative zone“Moderation in vehicle loans in the face of a slowdown in the auto sector and increased caution appear to be the prime reasons,” said Ashis...
20 Aug, 2019, 12.17 PM IST
Will the NPA black hole suck in the country's entire banking system?With barely nine months to go before the Lok Sabha election, how serious is the crisis in our banking system? Put simply, it is not going t...
05 Jul, 2018, 03.55 PM IST
Arun Jaitley and Randeep Surjewala in war of words after former's attack on RahulSurjewala accused the Jaitely of "economic mismanagement" in the country after Jaitley claimed UPA's tenure was the "fragile five years" of...
14 Jun, 2018, 03.24 PM IST
Canara Bank slips 4% as CBI charges ex-CMD in loan caseIt is alleged that the loan, which was sanctioned in December 2013, turned into NPA.
20 Mar, 2018, 04.36 PM IST
New NPA rules: Power producers' body accuses RBI of overruling House panelIt also sought a special dispensation from RBI saying their defaults are caused mostly by non-payment/delayed payments by state discoms and...
18 Mar, 2018, 02.40 PM IST
Power producers ask RBI to relax default clauseThe power producers have requested that the central bank relaxes the “default” clause from one-day delay in debt servicing and classify the...
16 Mar, 2018, 07.49 AM IST
Insolvency law aims at saving promoters not banishing them: Arun JaitleyThe new regulations are viewed by some as giving upper hand to lenders who are reeling under Rs 8 lakh crore of non- performing assets (NPA...
19 Aug, 2017, 07.00 PM IST
NPA bites: United Bank may be bracing for worse, but stock surges 7%The stock has been under pressure for the month of February, down 18 per cent, while for the year the stock has plunged a little over 25 pe...
24 Feb, 2014, 05.36 PM IST
UBI chief Archana Bhargava quits over RBI probe; stock sinks 3%, recoversUBI, 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.
21 Feb, 2014, 04.43 PM IST
United Bank of India plunges over 3% as CMD Archana Bhargav quitsArchana Bhargava resigned as CMD of the bank following a probe by Reserve Bank of India (RBI) into possible mismanagement of NPAs.
21 Feb, 2014, 12.32 PM IST
RBI pushes banks to recover bad loansBanks’ asset quality deteriorated sharply last year with gross NPA ratio rising by 40 basis points to 3.6%.
22 Nov, 2013, 06.34 AM IST
Bad loans: RBI governor Raghuram Rajan says aim is to make assets productiveRBI Deputy Governor K C Chakrabarty said that banks are free to bring about structural changes in companies where promoters have defaulted.
29 Oct, 2013, 11.19 PM IST
Banks cheer plan to oust defaulting promoters“Banks will start looking at change of management as a strategy to keep the account in good shape,” PNB chairman and managing director KR K...
06 Sep, 2013, 04.00 AM IST
- RBI announces new guidelines for rehabilitation of sick MSEs
Revising definition of sickness in micro and small enterprises (MSEs), the Reserve Bank today asked banks for timely and adequate assistanc...
01 Nov, 2012, 10.38 PM IST
- Lenders' liability law in offing to balance harsh NPA laws
After promulgating the Securitisation Ordinance, the government is now drawing up a lenders' liability law to ensure that the NPA laws are ...
19 Sep, 2002, 01.59 PM IST