The government today said gross non-performing assets (GNPAs) of nationalised banks stood at Rs 59,397 crore at the end of December 2011. During 2010-11, nationalised banks had written off loans
Development Credit Bank (DCB Bank) today reported 52 per cent rise in net profit at Rs 17. 3 crore in the fourth quarter ended March 31 against Rs 11
High interest rates and lower economic growth impacted the repayment capacities of borrowers and pushed up the non-performing assets (NPAs) of banks to Rs 1.27 lakh crore during April-December
Public sector banks' gross bad debt jumped over 51% to a whopping Rs 103,891 crore in 2011, Minister of State for Finance Namo Narain Meena said today.
Replying to supplementaries
Reserve Bank Deputy Governor K C Chakrabarty will meet top bankers tomorrow to discuss the rising non-performing assets(NPAs) in the system. The senior most deputy governor would meet the bankers
The Reserve Bank of India (RBI) today said the stress being faced by lenders from their exposures to the aviation sector is a "manageable problem".
"Yes, aviation is a problem
With agriculture emerging as the most stressed segment for State Bank of India, SBI chief financial officer Diwakar Gupta today said the country's largest lender needs to do a "better
Reserve Bank Deputy Governor Anand Sinha today said though bad loans are rising in the system, the central bank does not see it as a systemic risk yet. Talking to
Stay informed on our latest news!
