NPAs
Finance
Police probe management of Punjab and Maharashtra Co-operative Bank
Indian officials registered a police complaint against the senior management of Punjab and Maharashtra Co-operative Bank (PMC) on Monday for ......
Finance
Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman
The Insolvency and Bankruptcy Code (IBC) emulates a Hindi movie: Excitement in the beginning, chaos in the middle and a ......
Finance
Yes Bank shares slump 30% on first-ever quarterly loss
Shares of Yes Bank Ltd plunged 30 percent on Tuesday, after the Indian private sector lender posted its first ever ......
General
Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale
At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......
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 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
HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation
HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation of India ......
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 ......
Finance
Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment
Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public ......
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