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 extends deadline for NBFCS to meet new NPA upgradation norms“In case of borrowers having more than one credit facility from a lending institution, loan accounts shall be upgraded from NPA to standard...
15 Feb, 2022, 08.16 PM IST
HFCs urge RBI to scrap strict asset classification guidelinesThe Association of Housing Finance Companies (HFC), the umbrella body for all mortgage lenders, has appealed to the Reserve Bank of India G...
02 Dec, 2021, 06.11 AM 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
Axis Bank Q3 results: Net profit falls 36% to Rs 1,117 cr on higher provisioning; NII rises 14%In a filing to the BSE, the bank said its profit was adversely impacted by nearly Rs 1,050 crore on account of prudent expense and provisio...
27 Jan, 2021, 05.14 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
Supreme Court ruling to slow down resolution of stressed assets: Rating agenciesBoth Crisil and Moody’s have voiced their concerns on the impact of the Supreme court ruling.
03 Apr, 2019, 10.05 PM IST
Govt, RBI will have to bring new rules on NPA after SC order: Amitabh KantAmidst a rash of announcements over income support schemes, the bureaucrat also stressed on the need to ensuring higher growth to fund such...
03 Apr, 2019, 05.21 PM IST
'Phone banking' by Congress ruined the banks: Modi makes startling revelation about NPAsModi said banks were looted during the Congress rule and it was the Congress government that laid the NPA landmine for Indian banks.
20 Jul, 2018, 11.25 PM IST
Infra lending may take a back seat as RBI refuses to budge on new NPA rulesFor nation building, funding is required for these sectors but risks are very high in these projects as there are things which are much bey...
23 Apr, 2018, 01.58 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
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
We are transitioning to a more stable system and rule-based regime: Sunil Srivastava, SBI"There is a never a good or bad time, a crisis gives you an opportunity to come up with a solution."
14 Feb, 2018, 08.22 AM IST
IBC: Move to forbid 'dirty dozen' to impact competitive bidding"It will reduce the pool of resolution applicants who can participate in competitive bidding for the assets which are put on the block," so...
24 Nov, 2017, 03.21 PM IST
Solving NPA problem is top priority: Sanjeev SanyalCreating fundamentally strong banks is essential for India’s long-term growth for which resolving NPAs is crucial, according to the governm...
07 Sep, 2017, 12.46 AM IST
Banks to raise provisioning for another bank’s NPAsBanks are required to make a small (well below 1%) provisioning on standard loans, but have to progressively raise the provisioning amount ...
21 Dec, 2015, 05.42 AM IST
- RBI seeks fresh bank loan exposure data
Commercial banks and co-operative lending agencies are working overtime to help the finance ministry finalise the nitty-gritty of the farm ...
04 Apr, 2008, 12.34 AM IST