Page 15 - Bad Loans

RBI almost done with list of bad loans for resolution via bankruptcy: FM

Last month, the govt tweaked its laws to help tackle a record $150 bn in troubled bank debt

RBI begins talks with stakeholders on debt recast plan

No timelines specified but there is a definite sense of urgency

Bad loans crisis: RBI to expand oversight committee, rating agencies role

Reserve Bank action plan to expand role of rating agencies

23 ARCs snap up Rs 2.44 lakh crore bad loans from banks so far

Resource constraints at ARCs is also another prime reason for the dip in the sales

SBI bad loans balloon, post-merger provisioning may rise

SBI's gross NPAs in December 2016 were at Rs 1.08 lakh crore, an increase by 48.6% from Rs 72,792 cr

Too bad Air India: FinMin pours cold water on SPVs for bad loans

Ministry argues entity's debt should be serviced by internal resources; govt should not pay for them

State-run banks' bad loans surge by Rs 1 lakh cr in Apr-Dec

Public sector banks' gross bad loans stood at Rs 5,02,068 crore at the end of 2015-16

How India is trying to tackle its bad loans problem

RBI Deputy Governor Viral Acharya has proposed setting up 'bad bank'

Bad loans: SC concerned over lack of infrastructure at DRTs

It was hearing the PIL that said about Rs 40,000 crore of corporate debt was written off in 2015

Banks refute BBB Chairman's claims on bad loan clean-up

Vinod Rai says banks not doing enough to clean up the NPA mess

LS clears Bill for speedy recovery of bad loans

The Sarfaesi Act creates a central registry to maintain records of transactions related to secured assets

High-debt companies rally after RBI lifeline

Shares of indebted companies gained as the new scheme proposed by the RBI will ease debt repayment period and ease the capital structure, said analysts

Govt to support banks to commercially deal with bad loans: Arun Jaitley

He added Indian Banks' Association would meet on Monday to discuss a mechanism to handle such settlements

Banks Board Bureau chief says it's time for mergers

He said India's state-owned banks need to merge into half a dozen well-capitalised institutions that can underwrite economic growth

Finance Ministry to soon set up panel on bad loans

To look into various issues related to NPAs and ways to rein them

Union Bank of India Q4 net profit plunges 78% as bad loans rise

Gross bad loans as a percentage of total loans increased to 8.70% in March quarter from 7.05% in December quarter

India's bad loans could be more than New Zealand's $170 bn economy

Banks' loan growth at 10.7% in last fiscal year ended March 31, was slowest in nearly two decades

Letters: Nip NPAs in the bud

The article, "Just how bad are the bad loans" (May 10), by Nitin Sethi and Ishan Bakshi was interesting. Data analysis of bad loans is done after loans are disbursed; their causes are not analysed before.The main cause is lack of supervision at the operational level. Often, large loan amounts, for example, Rs 100 crore or above, are sanctioned at the head office or regional office of banks and sometimes under political pressure. Rarely is the branch head involved in the sanctioning process, hence monitoring of the loan post disbursement is neglected. The Reserve Bank of India (RBI) comes into the picture only after loans have turned bad in terms of their classification as SMA-0 to loss assets.Unless the RBI makes drastic changes in the sanctioning and monitoring process, the non-performing assets of banks will increase. One must remember: a stitch in time saves nine.S A Bhave PuneLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafa

Just how bad are the bad loans?

Only a fraction of defaulting loans is reported to central databases; what is made available for public scrutiny would be even less

Reduce NPAs or be ready to lose out on capital infusion: Govt to banks

Finance ministry asks bank to improve recoveries, which is set to hold significant weightage in capital allocation, The Economic Times reports