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Non Performing Assets (npas)
Business  /  Published 07.08.22

State Bank profit drops 7%

The quarter saw SBI posting an MTM loss of Rs 6,549 crore. It led to a sharp drop in other income at Rs 2,312.20 crore against Rs 11,802.74 crore a year ago. As a result, operating profit dipped to Rs...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.22

Uco Bank profit rises 22%

In value terms, gross NPAs fell to Rs 9,739.65 crore from Rs 11,321.76 crore. Net NPAs too declined to 2.4 per cent in the quarter under review from 3.85 per cent a year ago. The bank’s provis...
By Our Bureau in Calcutta/New Delhi

Business  /  Published 24.07.22

ICICI Bank Q1 profit jumps

The net NPA ratio also declined to 0.70 per cent from 0.76 per cent during the same period. In absolute terms, its NPAs were at Rs 33,163.15 crore against Rs 33,919.52 crore in the previous three mont...
By Our Special Correspondent in Mumbai

Business  /  Published 21.06.22

Bad asset nudge to banks

The finance ministry on Monday held a meeting with heads of public sector banks (PSBs) to review their annual performance and progress made by them on various government schemes. The meeting was ...
By PTI in New Delhi

Business  /  Published 14.05.22

SBI profit up 41%, misses estimate

State Bank of India (SBI) on Friday reported a 41.30 per cent increase in standalone net profit for the quarter ended March 31, 2022 on lower provisions, but it missed analyst estimates sending the sc...
By Our Special Correspondent in Mumbai

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Business  /  Published 29.04.22

Axis profit soars 54%, beats Street

Retail loans grew 21 per cent from a year ago to Rs 3.99 lakh crore, accounting for 57 per cent of its net advances. The share of secured retail loans was around 80 per cent, with home loans comprisin...
By Our Special Correspondent in Mumbai

Business  /  Published 24.04.22

ICICI profit jumps 59%

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...
By Our Special Correspondent in Mumbai

Business  /  Published 02.02.22

SC sets aside Delhi HC order against Future

In a huge relief to Future Retail Limited (FRL) and its subsidiary Future Coupons Limited (FCL), the Supreme Court on Tuesday set aside a Delhi high court order for the implementation of an internatio...
By Our Legal Correspondent in New Delhi

Business  /  Published 23.01.22

Yes Bank net rises

During the period, net advances at Rs 176,241 crore showed a rise of 2 per cent over the July-September period while total deposits at Rs 184,288 crore showed a rise of 4.3 per cent over the same peri...
By Our Special Correspondent in Mumbai

Business  /  Published 30.12.21

RBI forecasts rise in bank NPA to 8.1%

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...
By Our Special Correspondent in Mumbai


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