RBI asks banks to ensure automation of NPA identification

Sep 14, 2020

Mumbai (Maharashtra) [India], Sep 14 : The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems...

PNB reports Rs 3,689 crore exposure to DHFL as fraud

Jul 10, 2020

New Delhi [India], July 10 : Government-owned Punjab National Bank (PNB) has reported a fraud of Rs 3,688.58 crore in the non-performing asset (NPA)...

BoI posts Rs 250 crore profit in quarter ended March

Jun 04, 2021

Mumbai (Maharashtra) [India], June 4 : Government-owned Bank of India said on Friday its standalone net profit for the quarter ended March totalled Rs...

ICICI Bank's gross NPA ratio declines to 3.41 per cent

Jul 23, 2022

Mumbai (Maharashtra) [India], July 23 : India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross...

Bank shouldn't declare accounts as NPAs until disposal of pleas seeking moratorium extension: SC

Sep 03, 2020

New Delhi [India], September 3 : The Supreme Court on Thursday directed that the bank accounts not declared as non-performing asset (NPA) as on...

ABG Shipyard fraud detected faster than usual, says Finance Minister

Feb 14, 2022

New Delhi [India], February 14 : Union Finance Minister Nirmal Sitharaman on Monday said the lending by a consortium of banks to ABG Shipyard...