On the back of resolution and pick up in advances, the bank aims to bring down the gross NPAs below 10 per cent mark by March

LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis

The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20

Payments to the creditors have been capped at Rs 25,000 during the period of moratorium. Withdrawals above Rs 25,000 have been permitted in case of unforeseen expenses

State Bank of India, Bank of Baroda, Bank of India and Indian Bank are among half a dozen banks that have provided funds to the company

While the 94-year Laksmi Vilas Bank is a much smaller bank with a balance sheet of Rs 25,000 crore, one-tenth of YES Bank and one-twelfth of IDBI Bank, it needs immediate infusion of capital

The government owns 83-96 per cent stake in these six PSBs, including Bank of India, Central Bank, Bank of Maharashtra, Indian Overseas Bank, Punjab and Sind Bank and UCO Bank, with market value of Rs 58,000 crore as of July 2020

In his new book titled 'Quest For Restoring Financial Stability In India', Acharya delves into the nature of pressure he worked under at the Reserve Bank of India

IDBI Bank's provision and contingencies fell sharply by 88 per cent to Rs 888 crore in April-June quarter of this fiscal as against Rs 6,332 crore in the same period a year ago

Gandhi says RBI governor resigned in just over two years as Prime Minister Narendra Modi didn't want him to go after wilful defaulters

In his book, Patel is also critical of Mudra loans where government has set targets in the past for banks to give collateral-free loans up to Rs 10 lakh. Currently, the NPAs in the Mudra loans are one of the highest, even reaching 20 per cent-plus level for some PSBs

COVID-19 pandemic has not only halted process of recovery of PSBs but it is going to have an adverse impact on financial health of private sector banks too

The sources said, the government will have to cut down its expected realisation from stake dilution of both LIC and IDBI Bank even if the market condition improves

Covid-19 pandemic was like a bold from the blue. Over the last seven years, the banks had braved the first of its kind balance sheet clean up with RBI's asset quality review for stressed loans

A fiscal package is warranted to support the job losses due to halting economy and sector specific revival plans. While heavy lifting is required at government level, monetary intervention is also warranted now for a smooth transition in overcoming the crisis

The beleaguered private sector bank will soon be run by SBI-led consortium of investors. This is how things will pan out

The stock price of lender has risen 0.35% in a week. However, it has declined 28% in a month, 16% in the year 2020 and 80% in one year's period. The market capitalisation of the micro-cap stock currently stands at Rs 483 crore.

RBI's decision to supersede the YES Bank board shows that the apex wants an administrator to thoroughly investigate the lender's books. Prashant Kumar, former Deputy MD and CFO of SBI, has been appointed as administrator

With reports of possible stake sale to a SBI-led consortium doing the rounds, embattled YES Bank has stoutly denied being in the know of any such development

Share price of Dhanlaxmi Bank ended 12.77% higher at Rs 14.92 against the previous close of Rs 13.23 on BSE.