The Reserve Bank of India's exercise of cleaning up the balance-sheet of banks has pushed several government-owned banks into red. For the quarter... ...http://www.dnaindia.com/money/report-banks-stocks-battered-as-gross-bad-loans-mount-rs-16-lakh-crore-2176270
Reserve Bank of India Former Reserve Bank Deputy Governor Dr K C Chakrabarty says technical write-offs by banks is a scam and should be stopped.... ...http://indianexpress.com/article/india/india-news-india/k-c-chakrabarty-bad-loan-rti-write-offs-a-scam-small-loans-rarely-in-it-says-former-rbi-deputy-governor/
MUMBAI: The market value of half a dozen state-owned banks that declared their results fell to less than half of their gross bad loans — an... ...http://economictimes.indiatimes.com/markets/stocks/news/gross-bad-loans-of-6-listed-psu-banks-more-than-double-their-market-value/articleshow/50939036.cms
Chennai: Indian Overseas Bank saw its losse widens to Rs 1,425 crore for the third-quarter as it set aside more money to cover bad loans. The... ...http://timesofindia.indiatimes.com/business/india-business/Indian-Overseas-Bank-loss-in-Q3-widens-on-bad-loans/articleshow/50938546.cms
Banks rated AA and below have been the worst affected as investors are fearing a rating downgrade Mumbai: Public sector banks are finding... ...http://www.livemint.com/Industry/zYDZxcD9izqp01RR5ClaUO/Credit-quality-worries-hit-bank-bond-issues.html
Jala Beverages are...