Tue, Jan 01, 2019
According to RBI's latest Financial Stability report, among the broad sectors, the asset quality of sector improved in September, 2018 as compared to March 2018. The improvement in asset quality of industry sector was marked by a reduction in fresh slippages in September 2018.
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Wed, Oct 10, 2018
PSBs are trapped to quite an extent in fraud, rising stressed assets, higher provisions, sluggish net interest margin and weak earnings. BoB-Dena Bank-Vijaya Bank merger is way forward?
Wed, Jul 18, 2018
According to official sources, in an attempt to stop defaulting promoters from fleeing the country, the government has set up a high-level committee headed by Financial Services Secretary Rajiv Kumar to look at various measures and suggest changes in existing laws, reported in The Financial Express.
Sun, Feb 12, 2017
The RBI had embarked on the AQR exercise from December 2015 and asked banks to recognise some top defaulting accounts as non-performing assets (NPAs) and make adequate provisions for them. It has had a debilitating impact on banks' numbers and their stocks. The central bank has set a deadline of March 2017 to complete the AQR exercise.
Wed, Feb 01, 2017
In line with the Indradhanush roadmap, the cabinet has decided to provide Rs 10,000 crore for recapitalisation of banks. Additional allocations will be made if needed further.
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