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Bad loans expected to be higher this fiscal: FM
Mar 07, 2014
DELHI: Finance Minister P. Chidambaram Wednesday said the Non-Performing Assets (NPAs) or bad loans of the public sector banks are expected to be higher this fiscal, which is a matter of big concern.
NPAs rise as slowdown persists
Mar 07, 2014
DELHI: The economic slowdown seems to have helped push the gross non-performing assets (NPAs), or doubtful loans, of public sector banks (PSBs) to 5.17 per cent of their advances by end-December 2013, against 4.18 per cent a year before.
Bank licences on course despite polls
Mar 07, 2014
DELHI: Finance Minister P Chidambaram on Wednesday clarified the Reserve Bank of India (RBI) was likely to issue a few bank licences during the remaining term of the incumbent United Progressive Alliance (UPA) government, notwithstanding the model code of conduct that kicked in with announcement of the election schedule.
Banks find safe haven in home loans as NPAs rise
Jan 30, 2014
MUMBAI: As loans in infrastructure and small businesses turn bad and corporates fight shy of making fresh investments, banks are finding home loans a safe haven. As a result, home loans are among the fastest growing segments at 13.5% in the first nine months of the fiscal. This is good news for borrowers as banks are offering a better deal to home loan customers than to top corporates.
Bank credit to housing sector falls to 9.5%: RBI
Jun 28, 2013
MUMBAI: The Reserve Bank today said despite a steep fall in bank credit to the housing sector, which in turn brought down demand, house prices in some of the major urban centres have been on the rise.

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