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Non Performing Assets
Business  /  Published 28.11.20

Banks want to tag bad loans

The Indian Banks’ Association on Friday urged the Supreme Court to vacate its stay on declaring the assets of loan defaulting companies as NPAs even as the Confederation of Real Estate Developer...
By Our Legal Correspondent in New Delhi

Business  /  Published 24.11.20

S&P concerned about corporate ownership of banks

S&P Global Ratings on Monday expressed scepticism over allowing corporate ownership in banks given India’s weak corporate governance amid large corporate defaults over the past few years. I...
By PTI in New Delhi

Business  /  Published 01.11.20

ICICI numbers stun Street

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...
By Our Special Correspondent in Mumbai

Business  /  Published 27.10.20

Kotak Mahindra Bank net profit jumps 26.7%

SBI Life Insurance Co Ltd on Monday reported over a two-fold jump in net profit at Rs 299.73 crore for the second quarter ended September of the current financial year. The life insurer had posted a ...
By PTI in New Delhi

Business  /  Published 23.10.20

SBI Cards reports higher NPA

SBI Cards has recorded a sharp deterioration in asset quality as the Covid-19 pandemic hit the repayment capacity of some of its customers. The SBI subsidiary saw its gross non-performing assets (NPA...
By Our Special Correspondent in Mumbai

Business  /  Published 18.10.20

HDFC reports 18.4% growth in profits

HDFC Bank on Saturday beat Street estimates when it reported an 18.4 per cent growth in net profits for the September quarter. The country’s largest private sector bank posted a standalone net ...
By Our Special Correspondent in Mumbai

Business  /  Published 11.10.20

Lift bar on NPA tagging: RBI

...
By Our Legal Correspondent in New Delhi

Business  /  Published 22.09.20

Rajan plan to stem bad loan crisis

Former RBI governor Raghuram Rajan on Monday suggested the government to privatise select public sector banks, set up a bad bank to deal with NPAs and dilute the role of Department of Financial Servic...
By PTI in New Delhi

Business  /  Published 10.09.20

Satchet-sized credit only way to survive: Acharya

SBI managing director Arijit Basu warned that banks should not solely focus on the retail segment as sluggish growth can impact this category of loans. “A complete shift to retail may not be in ...
By Our Special Correspondent in Mumbai

Business  /  Published 04.09.20

Relief now for defaulters

The Supreme Court on Thursday said accounts which were not declared as non-performing assets (NPA) till August 31 this year shall not be declared NPA till further orders, offering a temporary relief t...
By Our Legal Correspondent in New Delhi


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