Tag: Reserve Bank of India

Delhi_India_Government

Major ₹2.11 Lakh Crore Recapitalization Boost for Public Sector Banks

October 25, 2017

The entire story around the increasing loan restructuring troubles of banks hit an official high on October 24th, 2017 when the Finance Minister issued a major recapitalization boost for public sector banks to the tune of ₹2.11 lakh crore while hinting for forthcoming banking reforms. The message is clear, the government and RBI are clamping … More Major ₹2.11 Lakh Crore Recapitalization Boost for Public Sector Banks

Axis Bank's Non-Performing Assets Troubles as They Record High Divergence

Axis Bank’s Non-Performing Assets’ Troubles as They Record High Divergence

October 11, 2017

Banks in India are in a tight spot as they see their performing assets turning into non-performing assets with divergence rates across the industry growing. As per a Reserve Bank report on Financial Stability, the revered authority noted that the gross non-performing ratio for all commercial banks could rise from 9.6% in March of 2017 to around 10.2% in March of 2018. This means that the overall health of the loans in the country would be sicker by over 10% within a few months. … More Axis Bank’s Non-Performing Assets’ Troubles as They Record High Divergence