PSU bank stocks plunge up to 12% on asset quality woesNifty PSU Bank plunged 9.26 per cent led by Indian Bank, Canara Bank, Punjab National Bank and Bank of India that dropped over 10 per cent ...
Chinese banks must brace for surge in bad loans: RegulatorChina's Banking and Insurance Regulatory Commission said in a statement that profit growth would slow sharply at some banks while others co...
RBI triggers corrective action on BoI, United Bank of India on NPA worriesWith this as many as 10 commercial banks are facing restrictions on banking activities.
Free run of midcaps over; multicap funds ideal now: Gopal Agrawal, Tata Mutual Fund"I am very positive on the consumerism in India...any discretionary spend, lender to the consumer, are my favourites."
Few takers for Bank Nifty as NPA worries hang onOn Wednesday, the Bank Nifty index ended up 0.6 per cent at 23,352.60.
Expert take: Why loss given default is a better measure of banking stressA high GNPA ratio is an indicator of the deficiencies in loan approval and underwriting.
Should investors be cautious about banking stocks after recent rally?Despite the recent rally, experts are still of the opinion that there’s more in store for the banking sector stocks.
China move gives Indian lenders with NPA worries a liftFund managers said China's steel capacity curtailment is more of a sentiment booster but will not have a material impact on the banks.
Demonetisation had zero impact on 92% of our portfolio: Rajeev Jain, Bajaj FinanceThere is tremendous growth horizon that we foresee for the next 5 to 10 year as a company. We have zero baggage from a credit standpoint, s...
I am not a worried chairman: Arun Tiwari, CMD, Union Bank of India"I am not a worried chairman when I look at my total loan portfolio. It is not a worried organisation," says Union Bank's CMD, Arun Tiwari.
KV Kamath says NPA worries over-blown, resolution in short-termVeteran banker and president of the BRICS-promoted New Development Bank KV Kamath today downplayed the NPA threats.
Maintain BUY on SBI and BoB in PSU Bank space: Daljeet Singh Kohli, Head of Research, IndiaNivesh LtdThere have been fresh slippages. There have been more restructuring to take advantage of forbearance period, but the quality of assets is v...
Bad debt worries spooking banking stocks; be selective: Daljeet Singh KohliKohi believes that NPAs will see a sharp rise in Q4FY15. He though believes that the problem will start fading away as soon as GDP growth r...
- RBI to meet bankers to discuss NPA, says no concern for now
The central bank also clarified that it would not intervene in banks' decision to stop lending to power discoms.
- State Bank of India down 5% on NPA worries
Shares of State Bank of India fell more than 5 percent on Wednesday after the bank recorded a rise in its non-performing assets (NPA).
- Profit, NPA worries hit PSU bank stocks
PSU bank stocks have corrected in the past few months and valuations have now moved to around historical average levels.
- Profit, NPA worries hit PSU bank stocks
PSU bank stocks have corrected in the past few months and valuations have now moved to around historical average levels.