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  Bad loans: Day of reckoning for 28 companies as RBI deadline to initiate insolvency proceedings ends

  Business | December 13, 2017 9:56 IST

  According to ICRA, the list has accounts from diverse sectors and a total exposure of about Rs 1.15 lakh crore.

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  SBI expects most bad loan cases from RBI list to go to NCLT

  Business | November 10, 2017 20:47 IST

  State Ban of India has an exposure of Rs 26,636 crore to 27 of about 30 such accounts listed by the Reserve Bank of India (RBI).

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  No free run for promoters in insolvency cases, says SBI chief Rajnish Kumar

  Business | November 07, 2017 11:07 IST

  Wilful defaulters or people who have diverted funds, as proved in the forensic audit, will not be allowed to participate in bidding for stressed companies, the SBI chairman said.

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  Time to fix accountability on those sanctioning loans, unions say on govt’s bank recap plan

  Business | October 26, 2017 14:40 IST

  The focus should not be lost on recovering bad loans by allowing the banks to write them off, says AIBEA.

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  HDFC Bank’s second-quarter earnings up 20 per cent despite higher bad loan provisioning, stocks gain

  Business | October 24, 2017 14:39 IST

  HDFC Bank reported a 22 per cent increase in net interest income year-on-year to Rs 9,752 crore, ahead of analysts' estimates.

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  Banks fear additional Rs 40,000-cr NPAs as RBI reclassifies Axis Bank's accounts

  Business | October 22, 2017 20:40 IST

  The banking sector fears accretion of more than Rs 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as NPAs by RBI.

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  Gross NPA shows Rs 6,816 cr divergence from RBI estimates for FY16: IDBI Bank

  July 12, 2017 17:56 IST

  In case of net NPAs by this period, the divergence is of Rs 4,755.60 crore. The lender had reported net NPAs worth Rs 14,643.39 crore as against RBI’s estimate of Rs 19,398.99 crore.

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  Bad loans: Banks face potential Rs 50,000 cr hit over RBI’s new provisioning norms

  June 26, 2017 12:24 IST

  The RBI has reportedly told banks to set aside at least 50 pc of the loan amount as likely losses for all cases referred to the insolvency process

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  NPA crisis: Lanco Infra first among ‘big 12’ to face bankruptcy action, IDBI initiates proceedings

  June 20, 2017 14:17 IST

  IDBI Bank's decision to recover its dues by taking the resolution to insolvency courts sent Lanco Infratech stocks tumbling 20 per cent

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  RBI's move on NPA resolution credit-positive for banks: Moody's

  June 19, 2017 17:38 IST

  The rating agency said it expects that the effectiveness of the resolutions under the Insolvency and Bankruptcy Code (IBC), 2016, will be limited.

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  Bad loans: Bankers meet on 12 large defaulters begins today; PMO to review progress separately

  June 19, 2017 11:49 IST

  The 12 defaulters accounting for 25 per cent of total bad debt include Essar Steel, Bhusan Power and Steel, Alok Industries, Amtek Auto, Monnet Ispat, Lanco Infra, Electrosteel Steels, Era Infra, Jaypee Infratech, ABG Shipyard, and Jyoti Structures

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  RBI identifies 12 accounts with combined debt of Rs 1.75L cr for insolvency proceedings

  June 14, 2017 11:38 IST

  The Reserve Bank's measure comes a day after Finance Minister Arun Jaitley reviewed the performance of Public Sector Banks in India

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  Farmers deliberately defaulting on loans amid hopes of waiver, say bankers

  June 13, 2017 14:14 IST

  A new trend is catching up fast in India’s agriculture sector where farmers deliberately default on their dues to financial institutions, in hopes that the government will waive their loans sooner or later

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  RBI ‘finalising’ list of loan defaulters for resolution under insolvency law: Arun Jaitley

  June 13, 2017 13:09 IST

  Finance Minister Arun Jaitley said that the RBI is in the final stages of drawing up a list of bad loans that can be settled under the new insolvency law and that action in this regard will be visible soon

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  RBI actively working on NPA resolution, action soon: Arun Jaitley

  June 12, 2017 17:22 IST

  The Finance Minister pointed out that a few top bankers expressed apprehensions about the infrastructure available for enforcement under the NPA ordinance. He, however, did not go into the specifics.

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  Bad loan woes: Public sector banks will need Rs 95,000 cr in capital infusion, says Moody’s

  June 09, 2017 11:41 IST

  According to a report issued by Moody’s, capital infusion from the government will be the only viable source of external equity capital for state-owned banks, given their low equity valuations

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  Corporate loans worth Rs 5L cr under govt scanner amid attempts to counter bad loan menace: report

  May 30, 2017 12:11 IST

  The loans under scanner include those that have either become Non Performing Assets (NPAs) or those restructured as of December 2016

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  Rs 2.6 lakh crore may slip into NPA category in next 12-18 months: India Ratings

  May 17, 2017 20:42 IST

  Domestic rating agency India Ratings and Research today said around 35 per cent of Rs 7.7 lakh crore loans may slip into the NPA category in the next 12-18 months.

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  Open to provide more funds to improve financial health of banks, says Jaitley

  May 09, 2017 19:19 IST

  Jaitley, who is in Japan, said that the government was already re-assessing recapitalisation requirement of the banks.

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  President approves NPA ordinance: Here’s how it empowers RBI to target loan defaulters

  May 05, 2017 13:09 IST

  The ordinance to deal with the banking sector's non-performing loans and the amendment to the Banking Act received President Pranab Mukherjee’s approval on Friday.