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RBI asks banks to improve NPA management 30 March 2012
The country's largest lender SBI had reported record gross NPAs in Q3 at Rs 40,080 crore and saw an 87.5% spike in its provisioning. But private lenders are better off. The total NPAs in the system are set to top...
Keywords: Yes Bank, Yes Bank, textile companies, captive customer base
Read MoreTextile companies show poor results 03 May 2012
The Ministry of Finance constituted a Committee under the Chairmanship of M. D. Mallya, Chairman Bank of Baroda for examining the textile restructuring proposals. The Committee identified a sizable exposure of banks to the textiles sector of Rs. 146885 crores....
Keywords: repercussions, Bombay Stock Exchange, textile restructuring proposals, repercussions
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