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Anand Adhikari
January 17, 2020
KCC mirrors the NPA trend in the overall agriculture portfolio. SBI's agriculture NPAs have trebled over the last three years. In fact, the public sector banks (PSBs), especially the Bank of India, IDBI Bank and other lenders, have also seen NPAs of over 15 per cent-plus


PTI
January 17, 2020
On a year-on-year basis, banks' credit growth slowed to 7.2 per cent to Rs 86.73 lakh crore in November 2019 from 13.8 per cent to Rs 80.93 lakh crore in the year-ago period


PTI
New Delhi, January 16, 2020
Adani Enterprises has not issued any statement in response yet; the CBI alleges that acts of \"omission and commission\" by NCCF officers disclose they acted in \"a manner as unbecoming of public servants\" and conspired with the company


Hari Hara Mishra
New Delhi, January 16, 2020
A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs


BusinessToday.In
January 16, 2020
The development comes less than a week after the Enforcement Directorate attached assets worth Rs 78 crore, include a flat in South Mumbai, land, cash and machinery, belonging to the Kochhars


PTI
Mumbai, January 16, 2020
Earlier during the day the apex court had agreed to consider the plea of enforcement agencies against the high court order to release them from jail and keeping them in their residence


Nevin John
New Delhi, January 15, 2020
Ritesh Aggarwal, Chief Financial Officer of UVARC says the company has over Rs 1,000 crore worth of assets under management, and that the CoC of Aircel has approved UVARC's takeover plan


PTI
Mumbai, January 15, 2020
The Wadhawans shall help the committee in valuation of HDIL's encumbered properties, the court said


Naveen Kumar
January 14, 2020
A right asset mix helps you distribute your investment into various asset classes based on your risk appetite and financial goals. Your investment also gets diversified and hence it mitigates the negative impact of any sharp downturn in any particular asset


Anand Adhikari
January 14, 2020
Sri Raghavendra is the newest urban cooperative bank to have come under the Reserve Bank of India's (RBI) monitoring


BusinessToday.In
New Delhi, January 14, 2020
UVARC has reportedly placed bids worth Rs 16,000 crore for spectrum, real estate assets and data centres of RCom and Reliance Telecom Ltd, while RJio placed bids worth Rs 4,700 crore for tower and fibre assets of Reliance Infratel Ltd


BusinessToday.In
January 14, 2020
Bandhan Bank's gross NPA for Q3 (excluding one large Infrastructure account) stood at 1.3%. Its Net NPAs as on December 31, 2019, stood at 0.8% against 0.7% recorded on December 31, 2018.


BusinessToday.In
New Delhi, January 13, 2020
ICICI Bank's affidavit says Kochhar's petition challenging her sacking, claiming violation of the RBI rules, is an 'malafide attempt' to secure valuable stock options of the bank


BusinessToday.In
January 13, 2020
About 24% of the NPA exposure was sampled from the central Repository of Information on Large Credits (CRILC). The study published in RBI's latest bulletin found that these (24%) defaulters had just about managed a safe credit rating


PTI
Mumbai, January 13, 2020
The fraud at PMC Bank came to light in September last year after RBI discovered that the bank had allegedly created fictitious accounts to hide over Rs 6,700 crore in loans extended to HDIL


BusinessToday.In
January 13, 2020
Share Market Update: Infosys was the top gainer today, rising 4% on NSE. On the other hand, YES Bank was the top loser today with shares of the lender declining over 8%


PTI
January 12, 2020
As part of the debt resolution process, lenders of the Reliance Home Finance, which had defaulted on some debt repayment obligation following the crisis in shadow banking industry, appointed Grant Thornton in August 2019 for forensic audit


PTI
January 12, 2020
In FY19, farm loan NPAs jumped to 12.4 per cent or at 1.1 lakh crore of the Rs 8,79,000 crore of total bad loans in the system, up from Rs 48,800 crore or 8.6 per cent of the total NPAs of Rs 5,66,620 crore in FY16, a report by SBI Research said


PTI
January 12, 2020
In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encourage electric mobility


BusinessToday.In
New Delhi, January 10, 2020
The Enforcement Directorate has provisionally attached the Mumbai apartment and shares belonging to Chanda Kochhar. Total worth of the attached property as per book value is pegged above Rs 78 crore. Its market value is expected to be much higher. The attached properties include Kochhar's South Mumbai apartment and those belonging to a company owned by her husband, Deepak Kochhar. Watch the video for more.Also read: Infosys whistleblowers may not have been insidersRead more: YES Bank independent director targets CEO Ravneet Gill, top management in resignation letter  


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