China deploys bad-loans expert to clean up Henan's funding woes

Jul 25, 2022

Beijing [China], July 26 : Ahead of China's twice-a-decade leadership conclave, Beijing deployed a bad-loans expert to clean up Henan's festering banking and property...

Bad loans during UPA stifled credit needs of startups and small businesses: Sitharaman

May 31, 2024

The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish...

Depositors are panicking as China's small banks in trouble amid corruption allegations

Jul 03, 2022

Beijing [China], July 3 : Small banks in China are running into trouble as they are accused of crimes, bad loans and excessive risk,...

J&K Bank reports net loss of Rs 1,139 crore due to bad loans

Jun 30, 2020

Srinagar (Jammu and Kashmir) [India], June 30 : J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended...

Banking sector reforms are paying its dividend to Indian Economy: Nirmala Sitharaman

Oct 04, 2024

Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning...

SBI Q4 profit jumps 80 pc to Rs 6,451 crore on lower provisioning

May 21, 2021

Mumbai (Maharashtra) [India], May 21 : Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 6,451 crore for...