Indian Overseas Bank successfully reduces Gross NPA to 3.90%. Sale announced for 92 NPA loans totaling Rs 13,471.68 crore. Recovery strateg...

Banks including the country's largest microfinance lender, Bandhan Bank, account for about 45% of the sectoral bad loans, industry sources ...

Following the AQR exercise, banks' gross NPA ratio jumped to 11.5% at the end of March 2016 with the public sector banking group leading th...

The bank's overall loan growth was largely buoyed by a 39% expansion of advances under the microbanking segment which grew to Rs 13,364 cro...

The panel was informed that contrary to RBI's Financial Stability Report projections of the gross NPA ratio of commercial banks increasing ...

Sticking to the bank's previous guidance on restricting the gross NPAs below 14 per cent and net NPAs lower than 5 per cent by the end of t...

The bank, which is hoping to break even at the end of this fiscal year, has taken a series of measures to bring down NPA level.

The bank has also identified various non-core assets and real estate properties for sale to shore up its capital, sources said.

The bank was also aiming at higher provisioning which would be aided by increased earnings, he said adding that the present provision cover...

Net interest margin rose to 7.51% at the end of the quarter. Merger with IDFC will lead to another 25 basis points reduction in borrowing c...

“There is some elbow room with respect to what has been an earlier guidance.”

The Company disbursed 36734 loans amounting to Rs. 165.72 crores during the quarter compared to 29902 loans amounting to Rs.122.56 crores d...

The consortium of 17 banks, led by State Bank of India (SBI), has an outstanding debt of about Rs 7,000 crore from the now-grounded carrier.

Punjab National Bank (PNB) today posted a 12.7 per cent rise in net profit to Rs 1,246 crore during the first quarter of the current fiscal...

The asset quality of banks has improved further last year and is reflected in the decline in their gross and net non-performing assets. Day...

If a part of the success of the commercial banks to maintain a healthy profit growth in 2006-07 despite the hardening of interest rate owes...

The deadweight of non-performing assets (NPAs) over the banking industry, which threatened to bring down a few banks some time ago, has red...