Shailesh Andrade / Reuters
Mukesh Gupta / Reuters
The names of the defaulters have not been disclosed.
Bad loan estimates of certain banks and RBI don't match -- by a wide margin.
Danish Siddiqui / Reuters
The problem is not that Indian banks lack deposits to lend.
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IDBI is the first lender to come under the RBI central bank curbs after the regulator revised the so-called prompt corrective action framework last month, tightening thresholds around bad loans.
Sachin Yadav / EyeEm via Getty Images
The Union Cabinet cleared it on 3 May.
Paper Boat London
The situation is unlikely to improve in the coming quarters.
There's been quite a buzz around a national bad bank for India of late, following the release of the Economic Survey 2016-17 on 31 January. The document contains a chapter titled "The Festering Twin B...
Governments should protect the independence of central banks and look beyond uninformed criticism, he says
The government's ever-lasting financial support to the beleaguered Air India was as bad a decision as that of the bankers who funded Kingfisher all the while knowing that its net worth had been wiped out.