Pay government dues and enable high-speed connectivity
SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category
The number of NPA accounts rose from 2,08,035 as of March 31, 2014, to 6,17,306 as of December 2019
The bank's slippages moderated significantly in March, but provisioning costs because of the coronavirus rose.
'Congress and Rahul Gandhi should introspect why they fail to play a constructive role in cleaning up the system,' she said
Public sector bank executives point out that banks understand the need to provide critical support to borrowers hit by the lockdown, imposed to contain the spread of Covid-19.
Banks want tenants to make payment in escrow accounts
Golden Jubilee Hotels Pvt Ltd is a public-private partnership (PPP) with the Department of Tourism and Youth Advancement, Tourism & Culture, Government of Telangana
It had reported a pre-tax profit of Rs 8,954.38 crore in the same period last financial year (Q4FY19).
The only way to save the financial system and the economy is the Reserve Bank relaxing banks' asset classification norms
Banks and finance companies may do more lending business in the retail segment on the digital platform
Piecemeal regulatory forbearance will not go far and tougher questions will be asked of both Mint Road and banks, reports Raghu Mohan
In the world of finance, a moratorium is a temporary suspension of an activity in response to sudden financial hardships
While banks may not face pressure on asset quality, their income statements may be hit.
With loan growth and asset quality likely to take a hit, FY21 earnings estimates are coming under the knife
The Code provides for a time-bound and market-linked resolution of stressed assets. If the resolution does not happen, the company concerned goes into liquidation.
On Wednesday, the private lender's stock saw its steepest single-day fall of 9.9 per cent in nearly 12 years; it is down 33 per cent since all-time high
The appeal to the Reserve Bank of India (RBI) will be made via the Indian Banks' Association, the two senior bankers said, asking not to be named as the talks were still private
Its standard advances after subtracting net NPAs were about Rs 1.75 trillion at end-December
Firms say there are limits to audits identifying ever-greening of loans, or flagging suspect collateral securities