Non Performing Assets (npas)
Opinion  /  Published 21.09.21

Debt to dust: Centre's 'bad bank'

The so-called ‘bad bank’ is ready to get off the ground. Last week, the Centre said it would provide guarantees worth Rs 30.6 billion that will buttress the security receipts that the Nati...
By The Editorial Board

Business  /  Published 28.07.21

Bank trio report mixed NPA trend

Canara Bank and Uco Bank on Tuesday reported a drop in their gross non-performing asset ratios for the quarter ended June but IndusInd Bank reported an increase in the ratio.   Canara Bank ...
By A Staff Reporter in Calcutta

Business  /  Published 27.07.21

Kotak, Axis allay asset fears

Two private sector lenders — Kotak Mahindra Bank and Axis Bank — on Monday met analyst estimates of their asset quality, providing some relief amid renewed concerns of a rise in bad loans ...
By Our Special Correspondent in Mumbai

Business  /  Published 26.07.21

India's GDP growth expected to be 8.8-9%

The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report. The c...
By Our Bureau, PTI in Mumbai

Business  /  Published 18.07.21

HDFC Bank falls short of estimates

HDFC Bank, the country’s largest private sector lender, on Saturday missed estimates for the quarter ended June 2021 because of a spike in provisions. Net profits came in at Rs 7,729.6 crore, a ...
By Our Special Correspondent in Mumbai


Business  /  Published 02.07.21

NPA ratio set to fall

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...
By Our Special Correspondent in Mumbai

Business  /  Published 06.06.21

PNB ticks off sticky assets for bad bank

Punjab National Bank (PNB) on Saturday said it has identified bad loans worth Rs 8,000 crore that it would transfer to the National Asset Reconstruction Company (NARCL), which is likely to be operatio...
By Our Special Correspondent in New Delhi

Business  /  Published 30.05.21

Tax provisions hurt BoB bottomline

Bank of Baroda (BoB) on Saturday reported a surprise loss for the fourth quarter ended March 2021 as tax provisions climbed as the state-owned lender switched to a new tax structure. During the quart...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.21

Hotels rocked

The Indian hotel industry has taken a hit of over Rs 1.30 lakh crore in revenue for financial year 2020-21 because of the impact of the Covid-19 pandemic, the Federation of Hotel & Restaurant Asso...
By PTI in New Delhi

Business  /  Published 11.05.21

Apex court PIL seeks loan relief

A PIL in the Supreme Court on Monday sought directions to the Centre and the Reserve Bank of India (RBI) to provide loan moratorium to individuals and stressed sectors on account of the second wave of...
By Our Special Correspondent in New Delhi


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