Asutosh Mishra, Head Of Research, Institutional Equity, Ashika Group said that banking counters have been reeling under the pressure due to...

Bankers and analysts said the improvement in recoveries is another indicator of improving consumer sentiment and is a start of better asset...

“I do not see any major impact on IndusInd’s future profitability or business from the whistleblower case.”

“Loan provisioning can be lower because of change in the IRAC norms because we expect credit costs to gradually come down for the bank.”

The controversy will likely impact Tata Group stocks in the short-term, said analysts.

Banks will also need to disclose the provisions that have to be made as per the IRAC rules.

ICICI Bank surprised on the improvement in the provision coverage ratio, says the analyst.

IL&FS owes lenders and investors a total of Rs 91,000 crore, according to preliminary estimates.

Shares of the three IL&FS subsidiaries lost over 70 per cent of their value in 2018.

The RBI was delaying the bonuses as it questioned the size of the payouts citing performance issues.

Net interest income grew 23 per cent to Rs 2,219 crore driven by a strong 53 per cent growth in advances as retail loans doubled

ICICI Bank has been under pressure due to rising NPAs especially from the sectors linked to infrastructure.

Analysts expect net profits of large banks to fall as elevated provisions continue to take a toll.

“We are trying our best to ensure the money comes in before March 31," said a banker.

Results released last week showed that HDFC Bank's NPAs had risen to the highest in 7 years.

The bank had gained 5% market share in the past couple of years.

A senior mutual fund official said the company never hinted at any stress in the previous conference call when asked about bad loans.