Credit growth to MSMEs high, over 30.5 pc on average in Jan-Nov 2022: Economic Survey

Jan 31, 2023

CIBIL data also shows that ECLGS borrowers had lower non-performing asset rates than enterprises that were eligible for ECLGS but did not avail of...

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)...

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...

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...

Chinese regional banks sell mortgaged assets amid property sector bad loan crisis

Sep 07, 2024

Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As...

SBI sells KSK Mahanadi Power NPA loan account to Aditya Birla ARC

Aug 19, 2022

Mumbai (Maharashtra) [India], August 19 : State Bank of India, the country's largest lender, on Friday said it has sold its non-performing asset loan...