All posts tagged "Bad Loans"
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416Capital RegulationUPDATED – RBI Seizes Control of Troubled Lender Yes Bank
The RBI says it had "no alternative" to protect the interests of the public and depositors, given the absence of a credible revival plan. A draft plan for Yes Bank's reconstruction is open for comment.
March 6, 2020 -
474Big PictureChina: Restoring NPL Recognition Standards May Take Years: S&P
China's relaxed bad loan recognition standards to help businesses through the Covid-19 outbreak may have long-term repercussions for the creditworthiness of some institutions.
February 24, 2020 -
435Capital RegulationCBIRC Asks Banks to Relax Loan Classification Standards
Local banks are asked to be more tolerant of bad loans and to reduce their profit targets, as the novel coronavirus epidemic keeps borrowers from resuming normal business operations.
February 13, 2020 -
511Asia-PacificBangladesh to Form ‘Bad Bank’ to Deal with Bad Loans
A new public asset management company will reportedly be formed to help remove defaulted loans from banks' books, allowing them to limit bad loan provisioning.
February 1, 2020 -
1.4KCapital RegulationChina to Double Number of Firms Allowed to Securitise NPLs
Standard Chartered and the four large national bad debt managers are among the firms allowed to sell NPL-backed securities as China looks to expand its 2016 plan to clean up bank balance sheets.
December 3, 2019 -
535Capital RegulationChina Economy Still Resilient, Despite Risk Factors: PBOC
Financial risks have gradually shifted from rapid accumulation to high-level mitigation in the past few years, the PBOC says in its annual financial stability report.
November 27, 2019 -
401Capital RegulationSEBI Mandates Immediate Disclosure of NPA Divergences
SEBI has directed listed banks to disclose any divergences in bad loan provisioning immediately, rather than waiting to publish the information in their annual financial statements.
November 5, 2019 -
400Capital Regulation
China to Cap Loan Loss Provisioning at Banks
The move is aimed at preventing an accounting practice the Finance Ministry says banks use to hide profits and dodge taxes and dividends.
October 3, 2019 -
530Asia-Pacific
Bangladesh Bad Loan Problem is Double Reported Figures: IMF
Total problem assets in Bangladesh’s banking sector would rise by more than double if the computation included stay orders, special mention accounts, and rescheduled loans.
October 2, 2019 -
371EnforcementIndia: PMC Bank Managing Director Confesses to Wrongdoing
PMC Bank's now-suspended managing director has reportedly confessed that the bank's loan exposures went unreported for over six years.
October 2, 2019
