Page 13 - Bad Loans

Axis Bank says doubling loan provisions for 'stressed' sectors

In April 2019, the bank had first disclosed that it had started to provide extra capital, but had not given out the exact levels of the additional provisioning or spelled out the sectors

India's banks wrote off Rs 2 trillion worth of bad loans in 2018-19

Even as banks have written off more loans than before, recovery of bad loans has also improved substantially in the past couple of years

Congress slams govt for corporation tax cut, privatisation overdrive

Congress leader Anand Sharma also said that the non-performing assets' level of Indian banks had gone up to Rs 11 trillion, from Rs 3 trillion

Karvy ban shows India must get rid of dodgy brokers to back healthy equity

India is hardly immune to the global trend of sliding fees and trading commissions.

Top headlines: Sebi tightens default disclosure norms, India's sops, & more

Here are the top news stories that made headlines today

RBI discovers more than $450 million in extra bad loans at Yes Bank

Gross non-performing assets assessed by the Reserve Bank of India were $457 million higher than Yes Bank had disclosed as of March 31

Bank of India, IOB report divergences in bad loans; losses widen for FY19

Bank of India had a fall in its net NPA divergence by Rs 329 crore for 2018-19

Lenders may miss RBI's six-month deadline to approve debt-resolution plans

Resolution plans were to be implemented within 180 days from the end of the one-month review period

IOB reports Rs 2,262-cr divergence in provisioning for bad loans in FY19

The bank had earlier reported NPA provisions of Rs 18,647.23 crore for 2018-19, while the RBI assessment pegged the provisioning at Rs 20,909.23 crore

IOB reports Rs 2,262-cr divergence in provisioning for bad loans in FY19

The bank had earlier reported NPA provisions of Rs 18,647.23 crore for 2018-19, while the RBI assessment pegged the provisioning at Rs 20,909.23 crore

Bad credit score: Millennials spawning next wave of NPAs for banks?

The number of millennials opting for a new loan grew 58 per cent as against a 14 per cent growth in the non-millennial segment

Resolution of bad assets: RBI set to recast inter-creditor agreement

New framework likely to be introduced even before default happens

Fresh funds likely to help housing projects move out of 'stuck' status

The completed and sold projects will start the repayment cycle, reducing bad loans.

Canara Bank Q2 consolidated net up 14% at Rs 405 cr amid fall in bad loans

The bank had posted a net profit of Rs 356.55 crore during the corresponding July-September period of last fiscal ended March 31, 2019

Three banks report divergence in bad loans a day after Sebi directive

or LVB, the net loss widened to Rs 1,006 crore from Rs 894 crore.

RBI rejigs departments for better supervision, regulation of banking sector

The development follows the RBI's central board decision to create separate supervisory and regulatory cadre

YES Bank posts net loss of Rs 629 cr in Sept quarter as bad loans spike

The private sector lender had posted a net profit of Rs 951.47 crore in the corresponding period of the previous fiscal

Sebi tightens asset quality disclosure norms for all listed banks

The move is aimed at improving transparency and to help investors assess the risk better

Now is the time for a bad bank

The idea of a bad bank has been around for some time now though it was abandoned at one point

Top banks' asset quality pains are easing, show July-September earnings

Results of SBI, ICICI Bank and Axis Bank indicate respite in formation of fresh bad loans; resolution and recoveries will be important for the trend to sustain