Rural commercial banks are experiencing credit downgrades as new loan classification rules force them to recognise souring loans as NPLs and set aside more capital against bad debt.
July 22, 2018Chinese regulators have been enforcing regulations more strictly to curb financial risk, causing bank NPL ratios to rise to 1.9% at end-May, up from from 1.75% at end-March.
June 21, 2018Organisation representing bank employees filed a writ against RBI February circular on provisioning norms which has resulted in heavy losses at public sector banks
June 4, 2018'Debt Clinic' programme to pooling unsecured bad loans under Sukhumvit Asset Management will expand to an additional 50,000 borrowers.
April 27, 2018RBI fines state-owned lender IDBI Bank INR30 million for non-compliance with bad loan recognition and provisioning norms; ruling will not have a material impact on the bank, said IDBI.
April 13, 2018Government cuts cash reserve requirement to free up 100 billion takas, allows state agencies to boost deposits at private commercial banks.
April 4, 2018Current and former regulators have voiced concern over the the accumulation of bad loans in the banking sector; value of bad loans has trebled in the past six years.
March 26, 2018Loan loss provisions to be lowered to between 120 and 150 percent of bad loans total; provisions against total loan book also reduced.
March 7, 2018Speakers at banking conference call for an immediate solution to Bangladesh’s 10 percent NPL ratio, the highest in the region.
March 7, 2018