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Public sector bank profits grew 3x in 9 years says Sitharaman

According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…

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After a volatile week expect markets to remain rangebound says Arun Kejriwal

India is now the world's fifth largest economy. It squeezed out the United Kingdom. GST coll…

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What bothers Yes Bank does not bother its bigger peers as much

There has been a lot of fear around the health of Indian banks, including the large ones, for a whi…

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Bank earnings could see a further ramp up in Q3, say analysts

Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…

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RBI’s deadline for Indian banks to resolve ₹3.8 trillion worth of bad loans has expired. What's next?

There is, however, one slight roadblock to the plan, specifically in relation to the non-p…

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FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday

Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…

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Loan restructuring to stem runaway rise in NPAs this fiscal

New Delhi, Aug 17 (IANS) The Reserve Bank of India's (RBI) move on one-time loan restructuring will…

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RBI officials will meet senior bankers to juggle their debt plans

The new plan is to consider corporate groups, which pass the forensic audit test, produce certifica…

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India's banking stocks are on fire after top court allows them to call out bad loans

Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…

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4 mins read

Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades

The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…

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5 mins read

PSU banks near all time high as analysts expect a rerun of 2004-05 corporate capex cycle

Public sector banks are among the top performers on the stock exchanges with valuations reaching al…

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2 mins read

India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank

However, a report published this week, by Credit Suisse has given investors a reality check for …

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1 min read

Bad loans being formed at a slower pace now, says RBI

He added that most of the banks are adequately capitalised and would be helped by the government in…

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Indian government is planning a package of reforms for the power sector

Much has been made of the growing pile of non-performing assets emanating from India’s power sector…

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New CEOs of state-run banks ready to deal with bad loans right from the word go

When a CEO starts his tenure with a bad news, it actually works in the favour of the company, given…

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1 min read

State-run banks turning to consultancies to take help in identifying NPAs

However, since a lot of banks are not able to identify stressed loans, these consultancies are play…

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2 mins read

Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022

The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022…

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4 mins read

Indian lenders like SBI, Axis Bank and others need $20 billion⁠ in capital— most of it will go into filling up NPA holes

Unwilling to take risks and facing rating downgrades, India’s banks, including the biggest State Ba…

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PNB Housing Finance Q2 profit rises 12 pc at Rs 263 cr

PNB Housing Finance on Thursday reported an 11.7 per cent rise in net profit at Rs 262.63 crore for…

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Panel snubs RBI and state-run banks for grossly mismanaging the situations of mounting bad loans

A parliamentary panel has expressed unhappiness and disappointment with Reserve Bank of India (RBI)…