BlackRock & Norway’s Storebrand have raised concerns about SBI's proposed Rs 5,000 cr-loan to Adani Enterprises for its Carmichael coal mine in Australia.
SBI, which posted a better than expected profit, estimates a further Rs 200 billion of loans to sour in the next 6 months as Covid continues to impact borrowers.
Net income jumped to Rs 45.7 billion for the 3 months to September, beating a Rs 36.9 billion average estimate. Bad loan ratio fell slightly to 5.28%, compared with 5.44% at June end.
Credit history only after debt recast would be taken into account for new loans. Banks will allow recast only if income impacted between February and August.
Dinesh Khara, who was one of the SBI MDs handling global banking and subsidiaries, is set to begin his three-year term Wednesday. He succeeds Rajnish Kumar.
Report correlates high Covid fatality rate in Tamil Nadu, Punjab, J&K, Maharashtra & West Bengal to their high elderly population. But experts refute this assertion.
Greens have a sizeable support in the Western countries with clean air and blue skies, but not in India, where poisonous air, water and soil kill millions.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
Aussie gets 75% of its energy from coal and a major exporter of meat. How about climate activists focus coal burning and meat consumption in their own country rather than showing their activism against India whose rural population are still spending their lives in darkness.
The question is that the said group is overburdened with more than Rs. One lakh crore debt. The group’s turnover and other financials do not justify such excessive lending. What is debt equity level of the group as a whole? The issue is not restricted to a lending decision made by one bank. What about piling up of debt liberally afforded by the entire banking system as a whole? Who will monitor this and what are prudential lending norms pertaining to loans availed by a group from the entire banking system? Does RBI monitor this? This group in particular wants to grow at a breakneck speed. Chances of accidental breakdowns cannot be ruled out . If this group becomes NPA what happens to our banking system?
Aussie gets 75% of its energy from coal and a major exporter of meat. How about climate activists focus coal burning and meat consumption in their own country rather than showing their activism against India whose rural population are still spending their lives in darkness.
The question is that the said group is overburdened with more than Rs. One lakh crore debt. The group’s turnover and other financials do not justify such excessive lending. What is debt equity level of the group as a whole? The issue is not restricted to a lending decision made by one bank. What about piling up of debt liberally afforded by the entire banking system as a whole? Who will monitor this and what are prudential lending norms pertaining to loans availed by a group from the entire banking system? Does RBI monitor this? This group in particular wants to grow at a breakneck speed. Chances of accidental breakdowns cannot be ruled out . If this group becomes NPA what happens to our banking system?