Country's largest lender State Bank of India (SBI) on Friday posted net profit of Rs 4,050.27 crore in the fourth quarter ended March 2012, against just Rs 20.88 crore recorded in Q4 of the previou

Attributing rising bad loans to business cycle, the Reserve Bank on Tuesday said that non-performing assets (NPAs) are not posing any threat to the banking system.

"It (NPAs) is not reaching a point

The government on Thursday approved amendments to two laws to enable banks to effectively deal with the menace of bad loans and also encourage them to disburse credit freely to home and corporate loan

Jan. 24: SKS Microfinance Ltd, the country’s only listed-microfinance company, posted a 38.41 per cent decline in net profit on the back of higher provisioning and bad loan write offs.

The company’s

Mumbai, Nov. 8: The Reserve Bank of India has expressed concern over the rising bad loans within the banking system, even as its capital adequacy ratios remain robust.

The RBI in its statutory repor