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Bank balance sheets News

16 Sep 2016

Banks may be able to deprovision as they recover: Arun Jaitley

Finance Minister Arun Jaitley said on Friday that if the economy recovers, banks may be able to "deprovision" some of the non-performing assets that are weighing on their balance sheets and curbing their ability to expand lending.

Finance Ministry

16 Mar 2016

FinMin to meet bank officials on March 21 on loan recovery

The finance ministry has convened a meeting of senior bankers of public lenders dealing with large loan defaults next week as part of an exercise to clean up balance sheet of banks.

23 Nov 2015

Clean up balance sheets, you have all powers to deal with wilful defaulters: FM Jaitley to banks

Finance Minister Arun Jaitley Monday asked state-owned banks to clean up their balance sheets at the earliest, stressing that they have all the powers to deal with wilful defaulters.

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