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non-performing assets

RBI tweaks bad loans divergence norms

Finance

01 April, 2019

RBI tweaks bad loans divergence norms

The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

04 March, 2019

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......

RBI lifts lending curbs on Allahabad Bank, two other lenders

Finance

27 February, 2019

RBI lifts lending curbs on Allahabad Bank, two other lenders

The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection ......

Yes Bank shares surge 30% as RBI gives clean chit on divergences

Finance

14 February, 2019

Yes Bank shares surge 30% as RBI gives clean chit on divergences

Yes Bank Ltd's shares surged 30 percent early on Thursday in their sharpest ever intraday jump, a day after the ......

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Indian firms wait too long to file for bankruptcy: Edward Altman

Finance

11 February, 2019

Indian firms wait too long to file for bankruptcy: Edward Altman

Edward Altman developed the Altman-Z score to predict bankruptcies 50 years ago. Now a professor emeritus of finance at New ......

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

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How Dena Bank plans to clean up its books before merger with Bank of Baroda

Finance

23 January, 2019

How Dena Bank plans to clean up its books before merger with Bank of Baroda

Public-sector lender Dena Bank is aiming to auction off non-performing assets (NPAs) worth up to Rs 2,500 crore ($350 million) ......

State-run banks recover bad loans worth over $8 bn in April-September quarter

Finance

20 December, 2018

State-run banks recover bad loans worth over $8 bn in April-September quarter

Indian state-run banks recovered 607.3 billion rupees ($8.69 billion) of outstanding bad loans in the April-September period, which a finance ......

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How the pecking order of foreign banks is changing in India

Finance

28 September, 2018

How the pecking order of foreign banks is changing in India

Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......

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India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

Finance

03 September, 2018

India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......