The non-performing assets (NPAs) of state-run banks rose to Rs 143,765 crore as at end September, 2012 from Rs 112,489 crore at the end of March, 2012, Minister of State for Finance Namo Narain Meena informed the Rajya Sabha. Of the total gross NPAs of state-run banks, 31.9 per cent belon
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Bank to raise corporate business
Bank of Maharashtra aims to increase the share of corporate sector in its overall business to 50 per cent this financial year from the current 42 per cent
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Restructuring of loans to discoms is not a permanent solution
In a freewheeling interview with Rahul Kamat, M V Tanksale, Chairman and Managing Director, Central Bank of India, says that although discoms are going through a rough phase
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There is a large gap in demand over supply of bank credit among bankable and viable projects
As the leader in a consortium lending to the Vizhinjam Seaport, State Bank of Travancore (SBT) will play a major role in Kerala’s industrialisation.
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RBI: 2G loans in line with norms
The Reserve Bank of India (RBI) today exuded confidence that loans given to 2G spectrum licence holders would not turn into bad debts on account of the scam in allocation of radiowaves.