The Reserve Bank on Friday issued a new framework for resolution of bad loans, replacing the previous norms quashed by the Supreme Court in
Reserve Bank of India’s Board is holding a crucial meeting where RBI Governor Urjit Patel and his team along with other board members will
Prime Minister Narendra Modi on Saturday blamed ‘phone-a-loan’ scam of the previous UPA government for the bad loans in the banking
India’s largest public sector bank State Bank of India on Tuesday reported a net loss of Rs 7,718.17 crore in the fourth quarter (January-March)
Prime Minister Modi attacked "economists" in the UPA for handing him a "liability" of non-performing assets (NPAs) or bad loans.
The focus of our case will be on his (Mallya's) conduct and how he misled the bank and misused the proceeds," said CPS barrister Mark Summers.
Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks.
As many as 12 public sector banks including PNB, Bank of India and Indian Bank have lined up plans for raising funds from markets to shore up
These 12 accounts would qualify for immediate reference under the Insolvency and Bankruptcy Code.
With ordinance in place, Finance Minister Arun Jaitley today said the RBI is at a fairly advanced stage of preparing a list of borrowers where
The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an order of the Supreme
Finance Minister Arun Jaitley Monday asserted that the problem of bad loans in the banking system is not "insurmountable" for a large economy
The CBI Tuesday filed a charge sheet in connection with the IDBI loan default case involving the defunct Kingfisher Airlines in which its
The Supreme Court today asked the Centre to give details of recovery cases filed by banks and financial institutions and those pending in debt