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Total 141 results found. Search for [ IDBI Bank net loss ]

Results 80 to 100 of 141
BusinessToday.In
June 27, 2018
In the RBI's Financial Stability Report, the apex bank said that the Gross NPA (GNPA) ratio of scheduled commercial banks (SCBs) is likely to rise in the current fiscal.


BusinessToday.In
June 25, 2018
LIC already owns over 10 per cent in the infra-lender turned commercial bank.


BusinessToday.In
June 23, 2018
On Friday, IDBI Bank's stock surged 6 per cent intra- day after it was reported that the government was planning to sell its 40-43 per cent stake to LIC.


BusinessToday.In
June 22, 2018
The report said the insurer had cleared the initiative to take a controlling stake in the bank.  Currently, the government holds 81% stake in IDBI Bank and LIC holds 10.8 % as on March 31, 2018 , according to stock exchange data.


BusinessToday.In
June 11, 2018
Currently, the Central bank has put 11 out of 27 public sector banks or PSBs  - which together account for three-fourth of the banking assets - under the PCA framework. Among the banks that could be put under the RBI's PCA framework are Punjab National Bank, Union Bank of India and Syndicate Bank.


Mail Today Bureau
June 11, 2018
Indian Bank posted the highest profit of Rs 1,259 crore and Vijaya Bank's profit was Rs 727 crore during the fiscal year. After factoring in the profit of these two banks, the net loss piled up by public sector banks works out to around Rs 85,370 crore in 2017-18 compared with a net profit of Rs 473.72 crore in 2016-17.


PTI
New Delhi, June 10, 2018
Out of 21 state-owned banks, only two -- Indian Bank and Vijaya Bank -- posted profits during 2017-18. Indian Bank posted highest profit of Rs 1,258.99 crore and the Vijaya Bank's profit worked out to be Rs 727.02 crore.


BusinessToday.In
June 4, 2018
Except Bank of Baroda, all three banks - IDBI Bank Ltd, Oriental Bank of Commerce and Central Bank of India - are under the RBI's Prompt Corrective Action (PCA) framework. The framework is a mechanism to maintain sound financial health of the banks.


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


PTI
May 25, 2018
State-owned IDBI Bank today reported widened net loss at Rs 5,662.76 crore in the quarter ending March 2018 due to higher provisioning for non-performing assets (NPAs).


BusinessToday.In
May 22, 2018
Rajnish Kumar, MD at SBI said major part of the bad loans have been accounted for in the quarter ending March 31, 2018.


PTI
May 13, 2018



PTI
New Delhi, May 12, 2018
Reserve Bank has initiated prompt corrective action against public sector lender Dena Bank in view of high non-performing loans, restricting the bank from giving fresh credit and new hiring.


PTI
May 12, 2018



BusinessToday.In
New Delhi, April 27, 2018
PNB hunts for detectives to find whereabouts of loan defaulters The Punjab National Bank (PNB), it seems, is leaving no stone unturned to recover the dues which have been classified as NPAs. The second largest public sector lender is soliciting services of detective agencies to get hold of absconding loan defaulters. The significant move comes amid reports that diamantaire Nirav Modi may be hiding in New York. The celebrity jeweller who owns Firestar Diamond is the main accus...


PTI
April 15, 2018



Aseem Thapliyal
March 30, 2018
Government-owned IDBI Bank is in news again after a report said Reserve Bank of India (RBI) has informed finance ministry about the poor financial position of the bank and urged the government to take remedial action.


BusinessToday.in
New Delhi, February 13, 2018
In its latest bid to hasten resolution of the bad loans problem at Indian banks, the Reserve Bank of India tightened its rules around bank loan defaults.


PTI
January 31, 2018



Nevin John
New Delhi, January 16, 2018
The 11.25 million tonne (MT) Binani Cement, which is facing insolvency proceedings in the National Company Law Tribunal (NCLT), had an outstanding debt of Rs 3,608 crore at the end of the last financial year.


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