Non Performing Assets Npas
Business  /  Published 06.12.21

LIC prunes bad assets

Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021. The non-performing assets  as of March 31, 202...
By PTI in New Delhi

Business  /  Published 13.11.21

RBI tightens norms on bad assets

The Reserve Bank on Friday tightened the norms for recognition of dud assets and directed lenders not to standardise an NPA account after getting only interest payment as well as to mandatorily mentio...
By PTI in Mumbai

Business  /  Published 08.11.21

Bad loans spook starts to recede

The spectre of bad loans, which haunted the banking industry after the two distinct waves of the pandemic since March 2020, has started to vaporise and has become less of a threat today, bringing...
By Our Special Correspondent in Mumbai

Business  /  Published 04.11.21

Provision fall boosts SBI net

State Bank of India (SBI) on Wednesday topped Street expectations to report a 67 per cent jump in standalone net profits for the second quarter ended September 30 on a decent growth in its core income...
By Our Special Correspondent in Mumbai

Business  /  Published 23.10.21

Yes Bank profit rises 74%

Lower provisions helped Yes Bank report a 74.30 per cent jump in net profit for the quarter ended September 30. The private sector lender posted a net profit of Rs 225.50 crore against Rs 129.37 crore...
By Our Special Correspondent in Mumbai


Business  /  Published 20.10.21

Moody’s ups bank outlook

Moody’s Investors Service has revised the outlook for banks to stable from negative, citing receding downside risks to the economy and the financial system. The deterioration of asset quality s...
By Our Special Correspondent in New Delhi

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


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