India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit

Yes Bank news: Reliance Group is one of the biggest borrowers of the troubled bank. It accounted for a significant portion of the loans disbursed for the construction sector

While the RBI cut repo rate by 2.6 per cent since 2014, SBI cut its floating rate by 1.1 per cent only; experts cite a slowdown in household savings, bad loans, and persistent liquidity crunch in NBFC as reason for slow transmission

Allahabad Bank said in a statement that it had told the Reserve Bank of India (RBI) that it had identified a fraud worth $259 million in Bhushan's accounts.

Kingfisher boss Vijay Mallya also features in the list. He owes Rs 597.4 crore to the bank on the defunct airline's account.

A malleable, manoeuvrable, corrupt system makes Britain a safe haven for years.

Last financial year, PNB made recovery of about Rs 5,400 crore. However, in the first quarter of current fiscal, the bank has done recovery of over Rs 7,700 crore.

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.

The Supreme Court today said that it will decide whether a PIL which seeks a court-monitored probe into the biggest banking fraud is maintainable or not.

Telecom operator Aircel recently filed for bankruptcy with Rs 15,500 crore debts on its books. This, at a time when the banking sector is reeling under rising NPAs worth Rs 8.4 lakh crore

Speaking for the second time this week on the scandal enveloping Punjab National Bank, Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.

The government last October said it would inject a total of 2.11 trillion rupees into its state-run lenders over two years. The 881.4 billion rupees announced on Wednesday will be injected by March, while the rest will be doled out over the next fiscal year.

As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31 this year, straining its balance sheet and limiting its capacity to extend loans to genuine investors.

With the market being driven by high liquidity, led by domestic as well as Foreign Institutional Investments (FIIs), the banking sector is one to cash in on.

With a record $1 billion as the minimum net worth this year, as many as 11 persons dropped out of this year's  Forbes list including Mallya.

The problem, according to experts, began during the 2008 downturn when stimulus packages were announced by the government to revive the economy. The banks began to lend generously resulting in piling up of NPAs and stressed assets.

Bankers have been resisting Kingfisher's demand for fresh funding, saying that the promoters, including Vijay Mallya, have to bring in at least Rs 2,000 crore as fresh capital to consider the demand.

The country's second largeststate-run lender Punjab National Bank on Thursday posted a marginal 3.4 percent rise in net profit to Rs 1,105 crore for the first quarter on account ofhigher provisioning against bad debts and decline in treasury income.

Getting a loan is more difficult now because rising bad debts have made banks cautious about lending. But borrowers with a clean credit profile can get good deals.