All posts tagged "Bad Loans"
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440Capital RegulationRBI Turns Down Bank Requests for Special Classification of IL&FS Loans
Banks will need to provision for IL&FS assets at the standard rate of 15% in the first year in the December quarter and will not get the six month reprieve they had asked for.
January 10, 2019 -
425Capital Regulation
Easing Bank Capital Requirements Would Hurt Economy – RBI
The RBI says that current provisioning is inadequate to cover future losses from bad loans, which have been underrecognised by Indian banks.
January 3, 2019 -
735Capital RegulationRural Banks in China Found Hiding Bad Loans – Report
China's National Audit Office has reportedly found that five financial institutions concealed a combined $189mn in bad loans by misclassifying them as performing.
December 14, 2018 -
281Capital Regulation
India’s Government, RBI Close to Solution on Bank Lending Dispute
The government and RBI have reached a temporary agreement on some issues after an unprecedented public spat between the two caused alarm about the central bank’s independence.
November 15, 2018 -
314Capital RegulationIndia to Merge Three State Banks to Consolidate Weak Balance Sheets
India has begun the process to merge Dena Bank, Vijaya Bank and Bank of Baroda in a bid to support their weak balance sheets and consolidate the state-run banking sector.
September 19, 2018 -
405Capital Regulation
CBIRC Fines Reach Unprecedented Levels in Financial Deleveraging Campaign
The regulator has levied fines of over 4 billion yuan in the past 20 months, four times the 1 billion yuan in fines it levied in the previous 14 years.
September 12, 2018 -
295Capital Regulation
RBI Deadline for Bad Loan Resolution Passes
The central bank’s February circular allowed banks 180 days to resolve defaulted loans over 20bn rupees; many of these accounts will now be referred to bankruptcy courts.
August 29, 2018 -
362Capital Regulation
RBI Restates Case For Public Credit Registry
RBI deputy governor says that a public credit registry, with inputs from the corporate registration and GST database, will help increase access to credit in India.
August 24, 2018 -
356Capital Regulation
India’s Government Asks RBI to Ease Pressure on State Banks
Government wants central bank to review criteria for releasing banks from PCA framework, shift to Basel III capital standards.
August 23, 2018 -
326Capital Regulation
China Banks Holding Bad Loans in Record Numbers
Loans classified as non-performing jumped to $284bn at banks, up 10% during the second quarter. Banking regulator says asset quality is "stable".
August 16, 2018
