Banks' asset quality getting better, gross NPAs at 10-year lowIndian banks show improved asset quality with declining bad loans. Special Mention Accounts and Gross Non-Performing Assets have fallen sig...
Dixon Technologies shares bounce back 3% after three consecutive sessions of declineDixon Technologies’ shares rebounded after a three-day fall, even as the stock remains in a broader downtrend with steep declines over the ...
Natco Pharma shares drop over 5% after previous day’s double-digit gainsNatco Pharma shares fell as investors booked profits after a sharp rally in the previous session. The stock has been volatile this week, sl...
AWL Agri Business shares fall over 4% following Adani Group’s complete exitAWL Agri Business shares fell after the Adani Group fully exited the company through a bulk share sale and sought reclassification as a pub...
IDFC First Bank CEO V Vaidyanathan says microfinance stress is over, eyes 5.8% NIM in FY26IDFC First Bank CEO V Vaidyanathan says the microfinance stress is behind and expects margins to improve beyond 5.8% in FY26 as deposit cos...
Unsecured loans pose risks to asset quality, RBI data showsIndian banks, particularly private ones, are facing challenges with unsecured retail loans, evidenced by rising slippages and non-performin...
Buy Indian Bank, target price Rs 670: Motilal Oswal Financial ServicesMotilal Oswal Financial Services has issued a buy recommendation on Indian Bank with a target price of Rs 670. The bank reported a net prof...
RINL repays overdue loans, comes out of special mention statusBanks with exposure to state-owned Rashtriya Ispat Nigam Ltd (RINL) received relief as the steelmaker cleared its overdue loans in January,...
BoI's CEO Rajneesh Karnatak on penal interest impact and NIM outlook for FY25Penal interest also has gone out of the interest income and it has gone to the penal charges to the non-interest income, so that has also i...
Retail borrowers missing payments worries RBIThese borrowers manage to keep their accounts from slipping into non-performing assets (NPAs) with some payments before the 90-day deadline.
10% retail borrowers missing their monthly payments: RBIAn inflation print higher than the mandated band of 2-6% puts household debt portfolio of many retail borrowers at risk, the central bank s...
SBI Q1 takeaways: Plummeting SMA-2 loans bring cheer to investorsThe year-on-year fall in provisions by nearly 20 per cent also helped the lender post a 55 per cent year-on-year rise in net profit to Rs 6...
Private banks witnessed rise in NPAs in FY20: RBIPrivate sector banks witnessed a rise in non-performing assets (NPA) in respect of large borrowal accounts with exposure of Rs five crore o...
Loan restructuring to hit private lenders’ exclusive deals with borrowersThe special restructuring to tackle Covid-19 stress and the mandatory inter-creditor agreement (ICA) that all lenders will have to sign thr...
Banks' asset quality improves as NPAs remain stable at 9.1% as of Sep: RBIThe central bank said the improvement in asset quality was driven by state-run lenders which saw a drop both in both GNPA and in the net NP...
Kotak Mahindra Bank Q1 profit jumps 33% YoY to Rs 1,360 crore as provisions declineProvisions and contingencies declined 32.55 per cent YoY to Rs 316.76 crore in June quarter.
Potential stressed asset accounts on decline: ReportAccording to the Kotak Institutional Equities report, the overall trends on Special Mention Accounts (SMAs) portfolio is on a decline.