E-PaperIndia Bad Loans News
The gloves are off in the RBI-Government fight
Finance minister Arun Jaitley has accused RBI of sleeping on the job for its failure to check indiscriminate lending by public sector banks between 2008 and 2014
4 min read31 Oct 2018₹ 3.4 trillion bank recap since Great Recession but no end in sight
RBI is firm on bottling the inflation genie, but there seems to be no end to the rise of bad loans 10.3 trillion in June 2018in the Indian banking system
3 min read10 Sep 2018Narrow Banking: Why banks have shifted focus to retail loans
Quietly, and without a regulatory push, Indian banks are focusing on only retail loans, changing the very nature of banking in India
8 min read7 Aug 2018The idea is to have multiple AMCs under Project Sashakt: PNB chairman
The ultimate objective of Project Sashakt is to create a vibrant market which includes online trading of these stressed assets, says PNB chairman Sunil Mehta
4 min read5 Jul 2018Union Bank posts Q4 loss of Rs2,583 crore
Loss stood at Rs2,583.38 crore for the three months ended 31 March, compared with a profit of Rs108.24 crore a year earlier, Union Bank of India said
1 min read10 May 2018GST, bank balance sheet problems pushed India’s economic growth downward: UN
The UN report said that India's GDP is forecast to grow 7.2% in 2018 and 7.4% next year
3 min read8 May 2018‘Hitler may not have come to power if Germany had used helicopter money’
Adair Turner, former chairman of UK’s Financial Services Authority, on India’s bad loans problem and the 2008 financial crisis
21 min read11 Oct 2017Standard Chartered says ‘big pain’ of India bad loans behind it
V Anantharaman of Standard Chartered says provisions, profit figures will be normalized from next year as improved fundamentals begin to be factored in
2 min read11 May 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared