non-performing assets
Finance
RBI tweaks bad loans divergence norms
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......
Finance
Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta
It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......
Finance
RBI lifts lending curbs on Allahabad Bank, two other lenders
The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection ......
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 ......
Finance
Indian firms wait too long to file for bankruptcy: Edward Altman
Edward Altman developed the Altman-Z score to predict bankruptcies 50 years ago. Now a professor emeritus of finance at New ......
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
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
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......
Finance
India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta
In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......