NPAs: RBI must name and shame fraudsters, wilful defaulters
RBI must make public the debtors who are marked 'fraud' and 'wilful defaulter' to stop money laundering, fleeing the country and also to prevent negligence of banks, law enforcement agencies, if any
NPAs Under Tight Leash
Non-performing assets have dipped but it's too early to uncork the bubbly as global slowdown impacts export and MSME sectors.
Indian Banks Clear Health Check
NPAs fall drastically despite credit to commercial sector and government rising 63% and 52%, respectively.
Banks' NPAs drop to 10-year low in March
Profit of Indian lenders grew 38.4% in 2022-23, led by strong growth in net interest income and significant reduction in provisions
SME loan delinquencies to rise despite RBI's rate pause: Moody's
Moody's expects the Indian economy will remain vulnerable to bouts of heightened financial market volatility.
Budget 2023: NPAs declining from FY18 peak
In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels such as Lok Adalats, Debt Recovery Tribunals, IBC, and SARFAESI Act.
City Union Bank plummets 9% after RBI finds divergence in bad loans
City Union Bank had reported gross NPAs for FY22 as ₹2,192 crore, while RBI assessed it to be ₹1,933 crore, resulting in a divergence of ₹259 crore.
YES Bank gains 4% on completion of sale of NPA worth ₹48,000 cr
The private lender has completed the sale of ₹48,000 crore stressed asset loan portfolio of the bank to JC Flowers Asset Reconstruction company.
Banks' bad loans to touch decadal low of 4% by March 2024
Gross NPAs of Indian banks are likely to improve 90 bps to 5% this fiscal on-year, says ratings agency CRISIL
Yes Bank picks JC Flowers ARC as partner to sell stressed loans worth ₹48,000 cr
The private lender says it has decided that the JC Flowers ARC will be the base bidder for a proposed sale of an identified stressed loan portfolio of the bank.