Bad loans of banks may decline in the current fiscal to 5.3 per cent of total advances from a six-year low of 5.9 per cent in March 2022, the Reserve Bank of India said in its bi-annual Financial Stab...

ICICI Bank on Saturday beat Street estimates when it posted a 59 per cent growth in net profits for the quarter ended March 31.  Standalone net profit of the private sector lender rose to Rs 7,0...

Bandhan Bank expects a reduction in stressed assets over the next two quarters with borrowers regularising payments along with improving collection efficiency and credit demand. The bank’s gros...

The bad loan headache is not going away anytime soon for banks. Stress tests of the Reserve Bank of India (RBI) show the ratio of gross non-performing assets to total assets (gross NPA ratio) will ri...

The Reserve Bank of India (RBI) on Tuesday said there had been an improvement in asset quality, capital buffers and profitability indicators of banks but cautioned that bad loans might inch up in the ...

The Reserve Bank of India’s financial stability report released on Thursday has shown the gross NPA ratio of banks to rise by March 2022 compared with a year ago but will improve vis-a-vis Septe...

Finance minister Nirmala Sitharaman on Monday announced the much awaited bad bank that would acquire the toxic assets of lenders. The entity will be in the form of an asset reconstruction company (ARC...

ICICI Bank saw its net profit jump over six times for the September quarter because of a lower base in the year-ago period even as provisions rose. The private sector bank posted a standalone net pro...

The domestic banking sector could be staring at a spike in their bad loans this fiscal as indicated by the stress tests of the RBI. The central bank on Friday projected  the gross non-performing ...

The Reserve Bank of India (RBI) on Monday forecast an improvement in gross non-performing assets (GNPAs) by March.The apex bank in its bi-annual financial stability report estimated the ratio of gross...