Fri, Jul 15, 2022
Federal Bank stock jumped nearly 1.50 per cent to close above Rs 98 apiece on the NSE.
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Thu, Aug 16, 2018
The apex bank is examining as to whether banks have followed prudential norms in respect of their stressed assets, a senior public sector bank official told PTI.
Sat, Dec 30, 2017
IBC was introduced in 2016, with an aim to find a time-bound resolution on companies that have become insolvent and to protect the interest of creditors.
Sat, Jul 15, 2017
A single bench judge bench of Justice S.G. Shah is hearing a petition filed by the steel major on July 4 seeking quashing of insolvency proceedings, claiming that the action was unilaterally initiated without giving it a hearing at a time when the company was in a major restructuring mode.
Sun, Jul 09, 2017
RBI had said it has identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs of banks.
Fri, Jun 30, 2017
Level of GNPAs of large borrowers increased between September 2016 and March 2017, their restructured standard advances declined during the same period resulting in a reduction of total stressed advances by 1.8%.
Thu, Jun 29, 2017
Bhattacharya spoke on indicators like outcome of GST implementation, banks credit growth, reforms for banks bad loan resolution and present economic conditions.
Thu, Jun 22, 2017
RBI has enlarged the overseeing committee to review resolution under the S4A scheme where corporates exposure of loan is Rs 500 crore in banks gross NPAs.
Wed, Jun 21, 2017
In a move to support RBI and government in resolving banks' NPA crisis, Sebi has eased distressed assets norms for speedy resolution.
Tue, Jun 20, 2017
Lanco Infratech becomes the first company to be pushed towards insolvency for its bad loans.
Mon, Jun 19, 2017
RBI had asked bankers to bring the identified 12 defaulters before NCLT by the end of this month.
Mon, Jun 05, 2017
Despite their current problems - banking, IT, oil and finance sector dominated India Inc's earnings accounting for 69% of India Inc's earnings this Q4FY17.
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