non-performing assets

Mumbai, April 8 Bankers described the Reserve Bank's decision to maintain interest rates in its policy review on Wednesday as a prudent and well-calculated measure.Specific measures for individual sectors, such as the removal of the Investment Fluctuation Reserve requirement and easing of CRAR...

Mumbai, April 8 The Reserve Bank on Wednesday decided to discontinue the Investment Fluctuation Reserve (IFR), an additional buffer that banks were required to maintain to protect against depreciation in the value of their investments, as a measure to support the capital adequacy of lenders...

Mumbai, April 8 The Reserve Bank on Wednesday decided to discontinue the Investment Fluctuation Reserve (IFR), an additional buffer that banks were required to maintain to mitigate the risk of depreciation in the value of investments, as a measure to support the capital adequacy of lenders...

Mumbai, April 1 Amid the West Asia conflict, domestic rating agency Crisil on Wednesday estimated that banks' credit growth would moderate marginally in FY27 and delinquencies would rise.The banking system is expected to report a 13 per cent credit growth in 2026-27, a marginal dip compared to...

New Delhi, March 30 Finance and Corporate Affairs Minister Nirmala Sitharaman stated in the Lok Sabha on Monday that the Insolvency and Bankruptcy Code (IBC) has been a key and very important factor in improving the health of the country's banking sector, including the recovery of non-performing...

Mumbai, March 20 The government on Friday approved a limited-period Rs 20,000-crore credit guarantee scheme to aid microfinance institutions (MFIs), which have been complaining about difficulties in accessing funds.The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0)...

Mumbai, March 20 The government on Friday approved a limited-period Rs 20,000-crore credit guarantee scheme to aid microfinance institutions (MFIs), which have been complaining about difficulties in accessing funds.The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0)...

Mumbai, March 17 State-owned Punjab National Bank on Tuesday invited bids to sell the non-performing assets (NPAs) of Rolta Pvt Ltd, worth Rs 450.85 crore.The NPAs consist of a land parcel and building in Gurugram, Haryana, measuring approximately 7,800 sq m. The reserve price for the asset...

New Delhi, March 12 – The Enforcement Directorate said on Thursday that it has attached another group of properties, worth more than ₹581 crore, belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), both part of the Anil Ambani group.An order was...

New Delhi, March 12 The Enforcement Directorate said on Thursday that it has attached fresh assets worth more than ₹581 crore as part of its investigation against RHFL and RCFL, companies of Reliance Group Chairman Anil Ambani.A provisional order was issued under the Prevention of Money...

New Delhi, March 12 The Enforcement Directorate said on Thursday that it has attached fresh assets worth over ₹581 crore belonging to RHFL and RCFL, companies of Reliance Group Chairman Anil Ambani.An order was issued on March 11 to attach land parcels in Goa, Kerala, Karnataka, Punjab, Tamil...

Mumbai, February 13 The Reserve Bank of India (RBI) imposed monetary penalties on Bank of Maharashtra, DCB Bank, and CSB Bank on Friday for non-compliance with directions.The central bank imposed a fine of Rs 32.50 lakh on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on...