Led by Diwakar Gupta, NARCL has emerged as the most active player in the bad loan market, acquiring over ₹30,000 crore of stressed loans in...

The sudden change of guards at the government-promoted asset reconstruction has surprised many industry players that acquires bad loans by ...

The NARCL has concluded the acquisition of just six companies since it started operations in January 2022 to house banking-sector advances ...

India's state-owned 'bad bank,' National Asset Reconstruction Company Ltd (NARCL), has acquired three more accounts in the past two weeks, ...

The bad bank, officially known as National Asset Reconstruction Company of India (NARCL), was set up a year ago to acquire the sticky loans...

The government has been repeatedly tapping into SBI’s talent pool for key appointments in the public sector. Last year, in the aftermath of...

The city-headquartered bank had reported a net loss at Rs 1,985.16 crore during corresponding quarter previous year.

The Banks Board Bureau has also recommended names of M V Rao and P P Sengupta for the post of managing director of Central Bank of India an...

The Public sector bank, which is under the RBI's prompt corrective action (PCA) currently and has been incurring losses for the past 18 qua...

We are strengthening our asset recovery management branches with relatively high value advances. We have tried to pool stressed assets in t...

"We have been selling assets right after we were put in PCA. We have sold Rs 500 crore worth of loans."

We appointed valuers for each bank separately and there was a huge process involved, says Sekar.

MD and chief executive officer Karnam Sekar said that the bank has not added any NPAs in the last two quarters, and in September quarter, i...

“In next 2-3 quarters we will try and complete the whole process of amalgamation.”

The change in portfolios was announced by chairman Rajnish Kumar on Wednesday night.

With the World Bank funded capacity development programme, SBI is making efforts to expand and incentivise the market for rooftop solar pow...

State Bank of India has elevated five of its chief general managers (CGMs) to the post of deputy managing directors (DMDs), according to a ...