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NPA levels of banks set to bloat with RBI"s mega resolution framework

New RBI rules make accounts with 60-90 days' unpaid dues vulnerable.....»»

Category: topSource: business-standardFeb 13th, 2018

Parliamentary panel on resolution framework for bankruptcy to meet today

New Delhi, 5 SeptemberThe parliamentary joint committee to study the Bill to put in place a resolution framework to deal with bankruptcy situation in banks, insurance companies and other financial sector entities, such as non-ban.....»»

Category: topSource: business-standardSep 5th, 2017

Parliamentary panel on resolution framework for bankruptcy to meet tomorrow

New Delhi, 5 SeptemberThe parliamentary joint committee to study the Bill to put in place a resolution framework to deal with bankruptcy situation in banks, insurance companies and other financial sector entities, such as non-ban.....»»

Category: topSource: business-standardSep 5th, 2017

Bill on resolution of troubled banks in India is credit positive: Moodý"s

Under the draft bill, public sector banks will be brought under the ambit of the resolution framework.....»»

Category: topSource: business-standardOct 18th, 2016

Natco: Stock correction an opportunity as earnings trajectory remains firm

Natco Pharma, which was one of the few outperformers in the pharma pack until recently, has seen its share price fall by a fourth since its January highs of Rs 1,050 levels. While the launch of its mega blockbuster product, .....»»

Category: topSource: business-standardFeb 23rd, 2018

Bank at Center of $2 Billion India Fraud Heads for 13-Month Low - Bloomberg

BloombergBank at Center of $2 Billion India Fraud Heads for 13-Month LowBloombergPunjab National Bank led other state-run banks lower for a fifth day Tuesday as concern about stress and risk levels at the .....»»

Category: topSource: googlenewsFeb 20th, 2018

Sensex ends over 50 pts down, Nifty a tad above 10,350 levels; Pvt banks dn

Catch all the market action here......»»

Category: topSource: business-standardFeb 20th, 2018

RBI"s revised framework for resolution of stressed assets will crimp growth

The RBI is administering strong medicine to rid the banking system of the non-performing assets (NPAs) problem at one go.....»»

Category: topSource: business-standardFeb 19th, 2018

Sensex ends 236 pts down, Nifty slips below 10,400 levels as PSU banks fall

All that happened in the markets today......»»

Category: topSource: business-standardFeb 19th, 2018

Sensex ends 200 pts down, Nifty sliips below 10400 levels as PSU banks fall

All that happened in the markets today......»»

Category: topSource: business-standardFeb 19th, 2018

MARKETS LIVE: Nifty holds 10,400 levels amid volatile trade, banks drag

Catch all the market action here......»»

Category: topSource: business-standardFeb 19th, 2018

IOB banks on resolution of NCLT cases to cut swelling NPAs

The public sector bank has a total exposure of Rs 82 billion under NCLT in 24 accounts.....»»

Category: topSource: business-standardFeb 18th, 2018

2018-02-19 Week - Bitcoin - What"s Next For Markets - Au Banks & Housing

What is next for makets? Hint: Bleak. AU banks and collapsing housing market. Bitcoin levels and near term estimates......»»

Category: optionsSource: insidefuturesFeb 16th, 2018

Volatility holds key to bank revenue revival from 2017 slump: survey

LONDON (Reuters) - Revenues at the world's 12 biggest investment banks fell to their lowest levels since 2008 last year, a survey showed on Friday, while a return to more volatile global markets in 2018 could be a mixed blessing for their business......»»

Category: topSource: reutersFeb 15th, 2018

Why banks will likely fail to recover Rs 3 trillion from loan defaulters

Lenders have been able to recover less than a third of their bad loans from defaulters under the insolvency resolution process.....»»

Category: topSource: business-standardFeb 15th, 2018

PSU banks trade weak after RBI"s new NPA resolution

Nifty PSU Bank index, the largest loser among sectoral indices, was down 2% at 3,402, as compared to 0.5% decline each in Nifty Bank and Nifty Private Bank index at 09:47 AM......»»

Category: topSource: business-standardFeb 13th, 2018

RBI"s rules on NPAs may add to provisioning burden but aid in loan recovery

Bankers said the new framework would force defaulted accounts to the resolution path.....»»

Category: topSource: business-standardFeb 13th, 2018

RBI cracks the whip: New NPA rules may mean short-term pain for banks

The other big change is the focus on timely identification of bad loans and the speedy resolution of such assets.....»»

Category: topSource: business-standardFeb 13th, 2018

Revised RBI norms to clean up NPAs in one go: Financial Services Secretary

Bankers said RBI wants IBC main tool for resolution where banks fail to reach a consensus.....»»

Category: topSource: business-standardFeb 13th, 2018

RBI overhauls stressed asset framework, gives 180 days for NPA resolution

Matter to be referred to Insolvency Board within 15 days.....»»

Category: topSource: business-standardFeb 12th, 2018

RBI introduces simplified framework for resolution of stressed assets

The new system will force lenders to identify and tackle any stressed-asset accounts more rapidly.....»»

Category: topSource: business-standardFeb 12th, 2018