Banks general
Banks in India have $178 bn of risky corporate debt: BNP Paribas
20 Apr 2016
India’s banking system is the worst in Asia in terms of stressed assets, with $178 billion worth of corporate credit or 16.1 per cent of total bank credit at risk of default, says a report
Onus of bad loan on borrower: Raghuram Rajan
20 Apr 2016
Court issues non-bailable warrant against Vijay Mallya
18 Apr 2016
Mallya, however, is just one of the many wilful defaulters in India’s stress-ridden banking sector where 27 public sector banks had written off about Rs1,14,000 crore of bad loans in fiscal year 2012-15
BRICS bank okays $811 mn in first green loans
16 Apr 2016
Top US banks given 6 months to ready disaster plans
14 Apr 2016
To prevent a repeat of the 2008 meltdown, US regulators have given the country’s top five banks – JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street Bank – six months to get their disaster plans in shape
If not defaulters’ names, disclose amounts, SC tells RBI
12 Apr 2016
The Supreme Court expressed concern over farmers being forced to commit suicide over small loans when people with large loans declaring insolvency and then taking more loans from other sources
Goldman Sachs to pay $5.06 bn to settle securities fraud charges
12 Apr 2016
Goldman Sachs, Wall Street's most profitable bank, which had earlier vigorously denied of any wrongdoing in the securities fraud case, is still paying far less than the hefty $13.3-billion imposed on mortgage giant JPMorgan
Banks reject Mallya’s Rs4,000 cr offer, seek his presence
07 Apr 2016
A consortium of lenders led by State Bank of India today informed the court that they had discussed Vijay Mallya's offer and agreed that for meaningful negotiations to take place he needed to be present