With bad loans of banks touching Rs 1. 27 lakh crore during April-December 2011 the government today said it is monitoring the efforts for recovery of the non-performing assets
Amid costly Indonesian coal putting a question mark over the viability of many power projects, Tata Power has said the flagship 4,000-MW Mundra UMPP could become a "non-performing asset" if
The Reserve Bank today said there is no concern about the level of non-performing assets (NPAs) in the banking system and it would soon meet 10 large banks to take
Kingfisher Airlines' largest creditor SBI today said the company continues to be a bad asset and the carrier will have to come with an equity infusion plan, even as the
State Bank of India today said it will be difficult for lenders to provide more funds to debt- ridden Kingfisher Airlines unless the airline pays Rs 100 crore to restore
The higher level of provisions set by the Reserve Bank of India (RBI) is forcing banks to aggressively sell bad loans to reduce that amount that has to be set
Real estate companies, which are already under severe financial strain, have to make a bullet repayment of over Rs 14,000 crore in the next two months to banks. This
The Reserve Bank of India (RBI) is asking banks, specially those with high exposure to real estate and textile sectors, to classify some of the loans to large and mid-level
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