Banks' GNPAs decline to 5% in Sept, but current situation can impact health: RBI reportThe number stood at 5.8% in March 2022, according to the report which also had a strong commitment by the RBI to be not complacent, given t...
Revised norms led to spike in NBFC NPAs in Q3, will moderate going forward: CrisilThe GNPAs for the NBFCs (non-banking finance companies) are, however, expected to reduce going ahead as the players have bolstered their co...
NBFCs AUM likely to grow 8-10% in FY'23: ReportAccording to a report by Crisil Ratings, retail loans are expected to see reasonably broad-based growth in the current and next fiscals sup...
Bad loans of banks may cross Rs 10 lakh crore by end of this fiscal, says studyAccording to the study, this time, smaller accounts, especially the MSME and retail segments, are expected to be more vulnerable than large...
Second wave dented recovery, but eco activity up now: RBIThe second wave of the pandemic has dented recovery, but with Covid cases abating rapidly, economic activity has improved since May-end, RB...
Banks' gross NPAs may rise to 9.8% by March 2022: RBI report"Macro stress tests indicate that the gross non-performing asset (GNPA) ratio of banks may increase from 7.48 per cent in March 2021 to 9.8...
HFCs require Rs 3.8-4.5 lakh cr to meet their refinancing requirements this fiscal: IcraIt said the COVID-19-induced slowdown is likely to impact housing finance companies (HFC) and pose several other challenges.
ICRA downgrades Yes bank's bond programme worth Rs 53000Yes Bank’s gross non-performing advances (GNPAs) and BB and below rated exposures increased to Rs.41558 crore in the June quarter from Rs.3...
Bank GNPAs improved to 10.8 pc; net NPAs to 5.3 pc in September: RBIThe top 100 large borrowers accounted for 16 per cent of the gross advances and 21.2 per cent of GNPAs of banks, according to the RBI repor...
NPAs: RBI blames i-bankers for faulty project/loan appraisalsThe impairment crisis in the banks has also highlighted certain basic deficiencies with regard to the appraisal of long-term projects with ...
Resolving NPA issue is top priority for government: Sanjeev SanyalCreating fundamentally strong banks is essential for India’s long-term growth for which resolving NPAs is crucial according to the governme...
Asset quality pain to continue, GNPAs to rise in FY18: ICRAICRA expects gross non-performing assets (GNPAs) of Indian banks to increase to 9.9% to 10.2% by March 2018 from 9.5% in March 2017 with fr...
Bank of Baroda shares fall over 1% on business setbackAt 10:53 am, shares of the bank were trading at Rs 160.30 apiece, down 0.93 per cent from its previous close on Bombay Stock Exchange (BSE).
Karnataka Bank Q2 net profit rises 15.6% to Rs 102.25 croreKarnataka Bank today reported 15.59 per cent increase in its net profit to Rs 102.25 crore for the second quarter ended September, 2015.
Bank of Baroda detects Rs 350 crore bill discounting irregularity"Yes, bills worth Rs 350 crore were discounted but the payment has not come. The concerned person has been suspended," said a senior offici...
- Public sector banks open 11,887 branches,recruit over 1.72 lakh in last 3 FYs
25 PSBs in new bank branches recruited 58,900 personnel in 2009-10, 57,758 persons in 2010-11 and 55,632 personnel were recruited in 2011-1...
- Motilal Oswal stays 'neutral' on Bank of Baroda
Motilal Oswal has maintained its ‘Neutral’ rating on Bank of Baroda with a target price of Rs 850.