Page 15 - Bad Loans

With NPAs worth Rs 500 bn, banks need 40-60% haircut to get RP4 rating

According to the RBI's February 12 circular, all resolution plans with a rating of RP4 are considered to have a moderate degree of safety regarding timely servicing of financial obligations

Finance ministry eyes recovery of bad loans by public sector banks in Q2

Now, PSBs have been advised to join hands with the Indian Banks' Association (IBA), steering an initiative to redesign the PSB e-auction websites

Amid rising competition, Edelweiss ARC gets ready for next wave of NPAs

The company has already raised $1 bn along with Canadian pension fund, CDPQ to pick up debt of stressed assets in coming months

Chidambaram slams PM's phone-a-loan remark, seeks details of NPA under Modi

The Prime Minister on Saturday blamed the Congress-led UPA government for NPAs

Finmin asks PSU bank CEOs to check frauds in NPAs or face penal action

Indian banks are facing mounting non-performing assets (NPAs) or bad loans, especially at PSBs, which have reached over Rs 8 trillion

Govt, judiciary too responsible for India's NPA crisis: SBI's Rajnish Kumar

Commenting on the Insolvency and Bankruptcy Code and the Reserve Bank of India's February 12 circular on speedier recovery of bad loans, Rajnish Kumar said these two rules were game-changers.

Bad loans of listed domestic banks shrink by Rs 220 billion in Q1

Persistent efforts of recovery from a variety of loans - large-size, medium-size and small enterprises, retail and farm sector - are beginning to bear fruits

Letter to BS: The need of the hour is zero tolerance on bad loans

The need of the hour is zero tolerance on bad loans. Fiddling with accounting does not change the reality

Banks, financial institutions agree to fast track resolution of bad loans

Under the pact, which is part of project 'Sashakt', each resolution plan will be submitted by the lead lender to an Overseeing Committee

Letter to BS: New scheme for NPA resolution detracts from the IBC

The classification of the stressed assets into three categories seems a better system for a swift resolution of bad loans

Project Sashakt: Several steps backward

There is no clarity on to how and why this will be different from the futile efforts of the last four decades in handling bad loans by government banks

No more bad loans, steel sector crisis is over: Minister Birender Singh

Is satisfied with resolution process under IBC, says govt plans to revive Visvesvaraya Iron & Steel, take on business development for KIOCL

Piyush Goyal to meet chief executives of six PSBs to discuss bad loans

Nineteen out of 21 PSBs had reported net losses and a sharp rise in bad loans in 2017-18

Bad loans: Are we celebrating the outliers?

If we extrapolate the successes of a few trophy assets in steel, we will miss the fact that there are three possible outcomes of the IBC, of which the first and third are outliers

Bad loans likely to dampen investment climate, says CII president

Government policy had created the space for domestic investments to rise in the current financial year, he added

Corp Affairs Min mulls proposal to collect passport details of directors

Passport details in at the digital warehouse will help authorities to take timely action and check fraudsters from fleeing the country

FinMin, RBI to finalise roadmap for MSME bad loans by March: Giriraj Singh

On the online lending to MSMEs, the minister said a trial run conducted for Prime Minister's Employment Guarantee Programme was successful

Banks must develop better risk-pricing skills, says RBI's Vishwanathan

Banks are saddled with over Rs 10 trillion of bad loans in the system

Quick fix solution to recover bank debt

Will the ministry of corporate affairs consider invoking the provisions of Section 396 of the Companies Act, 1956 to make recoveries for bank loan defaults?

PSBs may face Rs 40,000-cr loss due to bad loans

Write-offs by commercial banks reach Rs 65,800 crore in first half of FY18