bad loans
Finance
Yes Bank shares surge 30% as RBI gives clean chit on divergences
Yes Bank Ltd's shares surged 30 percent early on Thursday in their sharpest ever intraday jump, a day after the ......
General
UK approves fugitive businessman Vijay Mallya's extradition to India
The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office ......
Finance
Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO
Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......
Finance
How Dena Bank plans to clean up its books before merger with Bank of Baroda
Public-sector lender Dena Bank is aiming to auction off non-performing assets (NPAs) worth up to Rs 2,500 crore ($350 million) ......
Finance
RBI asks banks to classify loans to IL&FS as non-performing
The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans ......
Finance
Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank
In September last year, the government decided to merge state-run lenders Bank of Baroda, Dena Bank and Vijaya Bank as ......
Finance
RBI to allow banks to restructure some defaulting SME loans
The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......
Economy
Flashback 2018: Inside the Indian economy's year of extremes
For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......
Finance
State-run banks recover bad loans worth over $8 bn in April-September quarter
Indian state-run banks recovered 607.3 billion rupees ($8.69 billion) of outstanding bad loans in the April-September period, which a finance ......
Finance
Vijay Mallya should be extradited to India, rules British court
Indian tycoon Vijay Mallya should be extradited from Britain to India to face fraud charges resulting from the collapse of his defunct ......
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