Chinese banks' profit decline to worsen in H2: Fitch Ratings

Sep 04, 2020

Hong Kong/Shanghai, September 4 : The fall in Chinese banks' profits will accelerate in the second half of current calendar year as authorities target...

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...

Priyanka Chaturvedi gives zero-hour notice in RS over writing off of non-performing loans of defaulters by PSBs

Jul 27, 2022

New Delhi [India], July 27 : Shiv Sena MP Priyanka Chaturvedi on Wednesday gave a zero-hour notice in Rajya Sabha over "writing off of...

Large Indian banks are expected to improve their asset quality in the current fiscal year : S&P

May 29, 2024

The cumulative nonperforming loans (NPLs) of India's three largest private and three largest public banks fell to 2.483 trillion Indian rupees in the 12...

Amrapali case: SC directs RBI to allow banks to release sanctioned loans to home buyers

Jun 10, 2020

New Delhi [India], June 10 : In a relief to Amrapali homebuyers, the Supreme Court on Wednesday directed Reserve Bank of India (RBI) to...

Loan moratorium case: Petitioner seeks grace period before lifting stay on NPA classification

Dec 21, 2020

New Delhi [India], December 21 : Submitting that accounts of borrowers turning into non-performing assets due to non-repayment of loans will bring "disastrous effect",...