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Bank Of Maharashtra.

Bank Of Maharashtra Tops List Of PSU Lenders In Q1 Loan, Deposit Growth

The Pune-headquartered lender recorded a 27.10 per cent increase in gross advances to Rs 1,40,561 crore at the end of June 2022, according to published quarterly numbers of the public sector banks

12 August 2022

FinMin Asks Banks To Expedite NPA Resolution; Focus On Credit Growth

The meeting was scheduled to be chaired by Finance Minister Nirmala Sitharaman, but she could not attend due to some other pressing engagement


SBI has put up a total of 12 bad assets for sale during this month to April 13.

SBI Lines-Up 12 NPA Accounts For Sale To ARCs To Recover Dues Of Over Rs 820 Crore 

SBI said it has placed these accounts for sale to asset reconstruction companies (ARCs)/banks/Non-Banking Financial Companies (NBFCs)/financial institutions (FIs), on the terms and conditions indicated there against.


Future Of Fintechs Is In Lending-Led Players, Not Payments: Report

Credit quality continues to be a key priority for fintechs, given that the industry-wide gross NPAs hover at 20 per cent now

29 July 2022

First Set Of NPAs Likely To Be Transferred To Bad Bank Next Month: Finance Ministry

In a series of tweets, the ministry said finance minister Nirmala Sitharaman on Monday reviewed the progress in setting up the NARCL


Interested ARCs can conduct due diligence of these assets after submitting EoIs with SBI.

SBI Lines Up 6 NPAs For Sale To ARCs To Recover Rs 406 Crore Dues

The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect, after submitting expressions of interest and executing non-disclosure agreements with the bank.

06 February 2022

NBFCs Should Diversify Risks Across Sectors: Former SBI Chief Rajnish Kumar

Kumar said the NBFCs will have to maintain capital adequacy norms, introduce core banking solutions and make adequate disclosures by 2025

25 June 2022

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Bank Gross NPAs To Rise To 8-9 Per Cent, Stressed Assets To Touch 10-11 Per Cent: CRISIL

With 2 per cent of bank credit expected under restructuring by the end of this fiscal, stressed assets - comprising gross NPAs and loan book under restructuring - should touch 10-11 per cent.

20 October 2021

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