All posts tagged "Bad Loans"
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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 -
591Capital 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 -
422Capital 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 -
436Capital 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 -
585Asia-PacificBangladesh 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 -
461EnforcementIndia: 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 -
584Capital Regulation
RBI Caps Withdrawals at Failing PMC Bank, Prompting Panic
The RBI has ordered the troubled cooperative bank to cap withdrawals at 1,000 rupees per account, prompting panic, protests and promises of legal action from customers.
September 26, 2019 -
587AML / KYCRBI Orders Banks to Review Controls on Internal Accounts
Transitory accounts at bank branches are being used to provide unauthorised overdrafts to avoid default classification on loans, and to mask unexplained cash deposits.
September 16, 2019 -
519Capital Regulation
UPDATED – PBOC Mulls New Rules to Reduce Risk at Smaller Banks
The PBOC will encourage merger talks instead of bankruptcies when dealing with problematic financial institutions.
August 30, 2019 -
516Capital RegulationCBIRC Urges Acceptance of IP Pledges as Loan Collateral
Financial institutions are encouraged to “actively carry out intellectual property pledge financing business” to provide greater support to innovative enterprises in their development.
August 20, 2019
