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What LIC needs to do with IDBI Bank
Mon, Aug 13, 2018     Source : Mint
To reap the benefit of the LIC-IDBI Bank deal, the culture has to change. Otherwise, IDBI Bank will remain the banking sector’s Air India
NEWS
1,000 NPA accounts under scanner in ICICI Bank probe
Fri, Jul 13, 2018     Source : Mint
ICICI Bank will submit details on NPA accounts to the B.N. Srikrishna panel, as part of a probe into alleged wrongdoings by the bank’s top executives, including CEO Chanda Kochhar
NEWS
No bad bank plan, but govt now has a 5-point strategy to deal with NPAs: FM Piyush Goyal
Tue, Jul 03, 2018     Source : Economic Times
State run banks will take lead in setting up an asset management company (AMC) for resolution of loans above Rs 500 crore.
NEWS
ICICI Bank used term loans, LCs to help loan defaulters
Fri, Jun 29, 2018     Source : Mint
The latest whistleblower complaint alleges that the Chanda Kochhar-led ICICI Bank aided related entities to pre-empt provisioning against NPAs
NEWS
37 banks see Rs 1.3 trillion jump in gross non-performing assets in Q4
Wed, May 30, 2018     Source : Business Standard
The RBI has been critical of banks for using restructuring schemes to hide the stress
NEWS
India Ratings ups India’s FY19 GDP growth to 7.4%, cautions on bank NPAs
Thu, Apr 05, 2018     Source : Economic Times
Expectation of normal rains, boost in private and government expenditure along with green shoots emerging in investment spending have prompted India Ratings and Research to revise its FY19 GDP growth forec...
NEWS
How $30 bn hit looms for banks if new accounting rule kicks in on April 1
Wed, Feb 07, 2018     Source : Business Standard
If advances grow more than 7 per cent or 8 per cent, banks may need $14 billion toward additional provisioning even after the recapitalization IndAS estimates
NEWS
IMF, RBI flag persistent risks to India’s banking system
Fri, Dec 22, 2017     Source : Mint
IMF wants the government to consider privatization of weak public sector banks by selling their viable assets rather than their mergers with stronger banks
NEWS
Big defaulters responsible for higher NPAs of banks: Arun Jaitley
Mon, Sep 11, 2017     Source : Economic Times
Holding big defaulters responsible for higher NPAs of banks, Finance Minister Arun Jaitley today said that recovery of money from these "big people" has become a "big challenge".
NEWS
IDBI Bank still a prisoner of bad loans as malaise deepens
Wed, Aug 16, 2017     Source : Mint
IDBI Bank NPA rose 12% sequentially and the bad loans-to-assets ratio bloated to nearly 25%, the highest among lenders
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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