The e-auction of stressed assets of various banks is hotting up with NPAsource.com, aiming to undertake over `600 crore worth of e-auctions of the non-performing-assets (NPAs) of various banks in 2013

State Bank of India (SBI), cash-strapped Kingfisher Airlines' largest creditor, on Thursday called the Vijay Mallya-led air-carrier a non-performing asset.

"Kingfisher is a NPA (non-performing asset

Following a steep rise in bad assets in the past two quarters, public sector banks are devising various ways to ramp up the recovery in the rest of the fiscal, such as setting up special recovery ce