The banking system, which already has 9 per cent gross NPAs, now faces the danger of more loans slipping into NPAs. There are already some Rs 40 lakh crore of term loans under the RBI's six-month moratorium

BT-MT honours the best in India's financial services

The methodology for the BT-KPMG Best Banks Survey 2019

LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.

Of the total loan of Rs 1060 crore, SRS Ltd owes Rs 628 crore to State Bank of India, Rs 224 crore to Bank of India and Rs 125 crore to Union Bank of India.

BJP was seen as a party which opposed liberalisation or reforms. However, in his tenure as the prime minister, Atal Bihari Vajpayee emerged as more of a reformist.

India's biggest distressed asset investor, Rashesh Shah of Edelweiss Group, has accumulated the largest pile of bad loans - over Rs 90,000 crore. Will his gambit succeed?

If global history is any indication, it is high time for India to think out of the box or borrow tested global models. Many experts feel that setting up a bad bank will be a bold and radical idea.

State-run IDBI Bank on Friday joined its peers in cleaning up its books and reported a massive loss of Rs 2,183.68 crore for the December quarter after classifying a whopping Rs 5,800 crore as fresh slippages.

We don't buy blind; we buy only where we see a higher probability of resolution. Recovery is a fall-back option, says Chairman & CEO of Edelweiss Group, Rashesh Shah.

Several factors are driving this flourishing trade in bad assets. But the biggest trigger came in November 2013 when RBI Governor Raghuram Rajan, in a strongly worded exhortation, asked the banking system to clean up its act.

Globally, companies make billions by even buying distressed country debt, instead of mere corporate debt.

Private equity funding of asset reconstruction companies will transform the bad loan market, but for that complete control over the acquired assets is a necessity.

Gross non-performing assets (NPAs) of domestic banks jumped to 3.6 per cent at the end of March 2013 from 3.1 per cent of total lending a year earlier, according to RBI. Bad loans rose further to 4.2 per cent by the end of September 2013, latest data show.

Data on defaults suggests that Indian borrowers have become increasingly ill-behaved, but that will have to change soon.

The financial slowdown has set back many households on their debt repayments. BT examines some of the options and how you can bridge the gap.

It has nudged ahead of the competition in the foreign banks arena, but there's more to Citigroup in India than just banking.