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A tale of two sinking banks

The experiences of HBOS and Indian Overseas Bank show that often loans make money for the lender in the initial years but losses come later when they turn bad, notes A V Rajwade. In one basic way,......

Reserve Bank pulls up bosses for IOB mess

  The Reserve Bank of India has initiated corrective action at Indian Overseas Bank on the grounds that its management is unable to revive it.IOB has reported low return on assets for four......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......

Why are these 3 state-run banks in bad shape?

Indian Overseas Bank, a state-run lender, reported its second straight quarterly loss on Thursday as bad loans surged, sending its shares down as much as 10 percent. UCO Bank and Allahabad Bank,......
  Web results for Indian Overseas Bank
Banks stocks battered as gross bad loans mount Rs 1.6 lakh crore

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
Write-offs a scam, small loans rarely in it, says former RBI Deputy Governor

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/
Gross bad loans of 6 listed PSU banks more than double their market value

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
Indian Overseas Bank loss in Q3 widens on bad loans

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
Credit quality worries hit bank bond issues

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

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