You Searched For "bad loans NPAs" and got 20 results
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7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
2 mins read
IIFCL profit rises 44% to highest-ever of ₹1,552 crore in FY24
He said, for the first time, the profit before tax has crossed Rs 2,000 crore. During the yea…
PTI
2 mins read
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
3 mins read
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
1 min read
Canara Bank Q1 profit surges 75% to ₹3,535 cr aided by fall in bad loans, interest income rise
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 5.15 …
PTI
2 mins read
Union Bank to sell 8 troubled accounts worth Rs 3,000 cr to bad bank NARCL
Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore t…
PTI
2 mins read
Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress
Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…
1 min read
IndusInd Bank Q2 profit up 22% to Rs 2,202 crore
IndusInd Bank on Wednesday posted 22% rise in consolidated net profit at Rs 2,202 crore for Septemb…
PTI
1 min read
Bandhan Bank Q2 profit jumps over 3-fold to Rs 721 crore
Bandhan Bank on Wednesday reported over three- fold jump in net profit at Rs 721 crore for the seco…
PTI
1 min read
PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3
Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …
1 min read
ICICI Bank reports a 36% increase in Q2 net profit
For the September 2023 quarter, private sector lender ICICI Bank on Saturday reported a 36% increas…
1 min read
In Q2, Kotak Mahindra Bank reports a 24% increase in net profit to ₹3,191 crore
Kotak Mahindra Bank's standalone net profit for the quarter ending on September 30 showed an impres…
1 min read
SBI reports strong net profit as bad loan eases down
The total income of the SBI group rose to Rs 1,01,143.26 crore in the quarter under review, co…
PTI
3 mins read
Bad loans of India's banks to rise to 8-9% this year, says CRISIL
The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…
1 min read
Bank of Maharashtra Q4 profit more than doubles to ₹840 crore
State-owned Bank of Maharashtra (BoM) on Monday reported a more than two-fold jump in its net profi…
PTI
1 min read
HDFC Bank is mum on the loans under moratorium— profit jumps 20%, provision for bad loans spike 49%
A 20% jump in HDFC Bank’s quarterly profit compared to a year earlier is good news but the lack o…
5 mins read
SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire, they could need three times more
Banks in India have raised around ₹52 crore ($7 billion) in funds so far and have plans to raise …
3 mins read
India's pile of bad loans could be at least 1.5 times bigger in the next 9 months
The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…
1 min read
BoB Q3 profit jumps 75% to ₹3,853 crore
Bank of Baroda (BoB) on Friday reported 75 per cent surge in standalone net profit at Rs 3,853 cror…