Fri, Jul 29, 2022
"We expects to recover Rs 8,000 crore every quarter and would ensure that its recoveries are higher than fresh slippages," Punjab National Bank's Managing Director A K Goel said
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Thu, Jul 21, 2022
It also said India's economic growth prospects should remain strong over the medium term, with GDP expanding 6.5-7 per cent annually in fiscal years 2024-2026.
Mon, Jun 10, 2019
RBI placed a new guidelines prudential framework for resolution of stressed assets by banks in the wake of the judgment of the Supreme Court of India.
Thu, May 12, 2016
India`s bad-loans problem looks much worse than lenders have been willing to acknowledge, heaping pressure on banks` profits and further tightening the screws on distressed debt that could be bigger than New Zealand`s $170 billion economy.
Sun, May 08, 2016
"We are very happy to make that list public. In fact my people are working on making sure that we can put that list up in an accessible way," said Rajan.
Tue, May 03, 2016
Mallya lashes out at Indian media saying that they need to check facts before calling him a defaulter
Sun, May 01, 2016
In its worst performance in over a decade, ICICI Bank on Friday posted 87% plunge in consolidated net profit to Rs 406.71 crore for the March quarter.
DBS was the first operating foreign lender to go in for WoS and had accordingly applied for the same, but it yet to hear from the regulator.
Tue, Apr 26, 2016
This defaulters list, that Reserve Bank of India Governor Raghuram Rajan so fiercely protected to be made public, has been outed by Newslaundry--a news portal.
Sun, Apr 24, 2016
"The referee institutions have become strong and one consequence of bad governance we face in the banking system is the writing off the assets or non-performing assets (NPAs)," said the Chief Economic Adviser at a function on Saturday.
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