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  Ex-SBI chairman Pratip Chaudhary held for selling hotel property at cheap price by declaring it NPA

  Business | November 01, 2021 19:43 IST

  Pratip Chaudhary was held on the basis of arrest orders issued by the Chief Judicial Magistrate Court in the case of selling Godawan Group hotel property at a cheap price after declaring it NPA.

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  SBI to sell three NPA accounts next month for recovery of over Rs 235 cr

  Business | May 16, 2021 12:31 IST

  The bank has set the reserve prices for these NPA accounts for sale at Rs 27.50 crore, Rs 15 crore and Rs 8 crore, respectively.

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  PNB returns to black, posts standalone net profit of Rs 1,019 cr in Q1

  Business | July 26, 2019 14:05 IST

  On the assets front, bank's gross non-performing assets fell to 16.49 per cent of gross advances at end of June 2019, as against 18.26 per cent of gross advances at end of June 2018.

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  RBI's norms to give more headroom to lenders to resolve big ticket NPAs: Report

  Business | June 11, 2019 19:02 IST

  The RBI came out with a revised prudential framework for resolution of stressed assets after its February 2018 circular in this regard was struck down by the Supreme Court.

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  Top loan defaulters owe Rs 25,000 cr to SBI, over Rs 12,000 cr to PNB

  August 20, 2017 20:42 IST

  As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31, putting pressure on its balance sheet

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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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  States keen on farm loan waiver must generate funds from own resources: FM Jaitley

  June 12, 2017 13:49 IST

  Finance Minister Arun Jaitley on Monday said that the states which are keen on farm loan waiver “must generate funds from their own resources”

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  Court bars Mallya from accessing Diageo's Rs 515 cr payout

  March 07, 2016 18:58 IST

  Bangalore: In a setback for long defunct Kingfisher Airlines Director Vijay Mallya, the Debt Recovery Tribunal has restrained him from withdrawing an amount of approximately Rs 515 crore ($75 million) received from Diageo as a

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  India mulls measures to push stalled projects

  March 11, 2015 22:43 IST

  New Delhi: The government is contemplating a host of measures to push stalled projects and deal with the problem of rising non-performing assets (NPAs) of banking sector, Minister of State for Finance Jayant Sinha has