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SBI to sell NPAs worth Rs.3,900 crore to asset reconstruction companies

India’s largest lender State Bank of India (SBI) is planning to sell non-performing assets (NPAs) worth Rs.3,900 to asset reconstruction companies (ARCs) and various...

Government unveils a new scheme to revive bad loans for banks

The government unveiled a new scheme to cover bad loans for banks. This is a combined initiative of the Indian government and the banks...

SBI to sell 15 NPA accounts with outstanding debt worth Rs.988...

The State Bank of India (SBI) has put up 15 major accounts with non-performing assets worth Rs.988 crore for sale. These accounts will be...

NPAs to touch Rs.9.5 lakh crore by March 2018: Assocham-Crisil study

The non-performing assets (NPAs) of public sector banks in India will cross Rs.9.5 lakh crore by the end of March 2018, according to a...

SBI to auction NPAs worth Rs.380 crore in the education portfolio

India’s largest lender State Bank of India (SBI) is all set to auction over Rs.380 crore worth of loan defaults. A large chunk of...