Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax

Total 6 results found. Search for [ boi loan problem ]

Results 1 to 6 of 6
Prasanna Mohanty
November 6, 2019
RBI flouts its own directive and defies Supreme Court to protect big corporate defaulters, putting the entire banking system at great risk, while crying foul over farmers' loan waivers - paid for by state governments and relatively inconsequential

April 5, 2019
Bank of India (BoI) has invited non-binding proposal/bid for the purchase of the said equity shares by April 12
New Delhi, December 22, 2017
As part of the Reserve Bank of India's corrective action, the bank can no longer issue fresh loans as well as distribution of dividends. Now the bank has decided to manage costs by shutting down some of its ATMs, though the company claims it would be done in such a way that customers are not inconvenienced.
New Delhi, December 20, 2017
Though banks are the main source of funding in India, the bad debt problem has not only made these financial institutions weak - and therefore creating a risk of capital erosion - but also diminished possibilities of new lending to relatively smaller companies.
March 18, 2013
Finance Minister P Chidambaram has asked banks to take firm steps to recover loans, saying the country cannot afford to have \"affluent promoters and sick companies\".

B. S. Srinivasalu Reddy
Mumbai, October 23, 2010
Credit growth is slackening, but it is unlikely to have much of an impact on the economic growth, with alternative channels, including foreign inflows, expected to fuel many sectors of the economy.