Page 6 - Bad Loans

New rules enough to protect genuine business decisions of bankers?

The govt has issued a uniform staff accountability framework for NPAs of up to Rs 50 cr to protect bankers taking bonafide decisions. But is that enough to assuage concerns?

TMS, Ep 33: NPA accountability framework, Kamal Bali Q&A, jewellery stocks

Will new NPA rules be enough to assuage PSBs' concerns? What is Volvo India MD Kamal Bali's glide path to 'net-zero' target? Can jewellery stocks give 100% returns by next Dhanteras? All answers here

Deutsche Bank makes profit as economic recovery reduces bad loans

Deutsche Bank saw its net profit increase 6 per cent, to 329 million euros, in the third quarter despite a sharp increase in restructuring costs

UV Asset Reconstruction Company submits bid to buy IFIN's bad loans

Sale to help IL&FS clean its financial services arm book

South Indian Bank reports Q2 net loss of Rs 187 crore on higher bad loans

The bank declared an operating profit of Rs 111.91 crore for the Q2 FY 22 as against Rs 390.94 crore for the Q2 FY21

BoM Q2 net profit doubles, writes-off Srei's Rs 550-cr exposure

The bank's asset quality profile showed an improvement with gross NPAs declining to 5.56%

Forget Squid Game, here are some strategies to get out of debt in real life

The most-expensive-debt first approach is cost-effective, while debt snowball has been found to be the most successful

MSME stressed assets likely to touch 18% by March 2022, says CRISIL

For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021

Why Moody's improved outlook on India might require a discerning look

The ability of the second largest global ratings agency to assess an upside and downside before events make everyone wise about India has been dismal for a long time

Lenders to make Rs 5,000-crore provisions for Srei bad loans, say bankers

The banks will set aside around 15 per cent provision for secured loans. It would be higher for unsecured credit

PNB picks up 12% stake in NARCL, to cut holding by December

PNB's equity stake of 12.06 per cent will be reduced to 9 per cent by December 2021

Top headlines: Sebi eases delisting norms, NARCL eyes Rs 64,000 cr recovery

S&P sees indications of strong rebound in Indian economy after Q1. Jewellers sell Rs 100 gold online as Indians take to internet buys in Covid. More in top headlines of the day

NARCL expects to recover up to Rs 64,000 cr through resolution of bad loans

Bad bank and AMC may get 15 per cent of upside recovery in NPAs resolved in first year itself

How good is the bad bank

The key to the success of the bad loan experiment will be IDRCL's management team and the incentive structure. It could recover more than what the industry is estimating now

Gross NPAs of banks to cross Rs 10 trn by March 2022: Study

The study also highlighted that risk management practices of Indian banks

After Q1 spike, NBFC bad loans to ease in FY22 as collections improve: Icra

Rating agency says the 90-day-plus dues, which touched 6.3% this June, may drop to 5.3% by March 2022 under base scenario

GIC Housing Finance's bad loans spike to 11.4% in Q1, solvency weakens

The deterioration in the asset quality would further impact GICHF's earnings profile, and consequently, its internal capital generation

Indian banks will be able to withstand rising asset risks, says Moody's

The rating agency in a statement said that banks' improved profitability, capital and loss buffers will help them absorb anticipated loan losses and maintain credit strength

Bad loans: Prevention is better than cure

In managing the bad loan problem, IBC should be the last resort for banks

Banks use ARCs for ever-greening: Parliamentary Committee on Finance

Calls for encouraging banks to bring down their leverage, says present "grim situation" should not be used as an alibi for bank privatisation