You Searched For "banks write offs" and got 20 results
Sort By:
3 mins read
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
2 mins read
Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …
ANI
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
One of China's biggest banks has banned analysts from writing bearish research and showing off their wealth
China International Capital Corp. also told employees to avoid wearing luxury brands or disclosing …
Jennifer Sor
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
2 mins read
Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis
The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…
Jennifer Sor
2 mins read
SC extends stay on order quashing write-off of Yes Bank's AT1 bonds
The Supreme Court on Friday issued notice to Axis Trustee Services Ltd on a clutch of appeals filed…
2 mins read
Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings
The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to u…
PTI
5 mins read
Wall Streeters sound off on their use of AI. But the real test will be if the tech can make their firms more money.
Not unlike the workers it's looking to serve, gen AI's future on Wall Street will boil down to its …
Dan DeFrancesco
1 min read
CrowdStrike 'too critical' to be written off after huge IT outage hits operations around the world, analyst says
A global IT outage linked to the cybersecurity firm CrowdStrike caused chaos at transport hubs, ban…
Rebecca Rommen
7 mins read
Banks have finally fixed the single most annoying thing about credit cards
Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …
Emily Stewart
1 min read
SoftBank writes off about $100 million invested in bankrupt crypto exchange FTX
According to MarketWatch, the investment is now marked down to zero with SoftBank saying "it wou…
2 mins read
Investors and economists are getting worried about more bank failures as interest rates stay high
High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…
Jennifer Sor
4 mins read
I got laid off at 65 and couldn't afford my Bay Area mortgage. Now, I work for myself while traveling the world.
After getting laid off by First Republic Bank in June 2023, Tony Woodall started renting out his ho…
Tony Woodall
4 mins read
Are banks open today? Here's a list of U.S. bank holidays for 2024
Banks and credit unions often close on holidays listed the Federal Reserve System's 2024 holiday sc…
Sophia Acevedo, CEPF
2 mins read
Morgan Stanley says it was wrong to write off stocks – but warns cooling inflation could still kill the rally
Mike Wilson admitted Monday he'd been "wrong" to doubt stocks, with the benchmark S&P 500 up 19% ye…
George Glover
6 mins read
Insider Today: Big banks' cloudy forecast
Why strong earnings results from some big banks weren't necessarily the big win markets were hoping…
Dan DeFrancesco
3 mins read
I quit my career to live off my savings but lost everything in a financial crisis. I'm struggling to get back on my feet.
The author quit his career in accounting and put all his savings in a bank in Lebanon. But a financ…
J.D. Harlock
4 mins read
Today's Huntington Bank CD Rates: Earn up to 5.13% APY
Huntington Bank CD rates are low overall, but there are high promotional rates on select terms. You…
Taylor Milam-Samuel,Evelyn He
4 mins read
I'm taking my husband to write a will for Valentine's Day. Here's how the process works and why it's key for parents.
A new mom explains how to write a will and why she's taking her husband to make out their wills on …