You Searched For "never ending gloom of rising non performing assets" and got 20 results
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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…
1 min read
HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
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
1 min read
RBL Bank Q3 profit rises 11% to Rs 233 crore
Private sector RBL Bank on Friday reported an 11% increase in its profit to Rs 233 crore in the thi…
PTI
2 mins read
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…
1 min read
IOB Q3 profit jumps 30% to ₹723 cr on improvement in core income
State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 7…
PTI
1 min read
Bank of Maharashtra's Q2 net profit zooms 72% to ₹920 crore
State-owned Bank of Maharashtra (BoM) on Monday posted a 72 per cent jump in net profit at Rs 920 c…
PTI
1 min read
Canara Bank Q3 profit surges 92% to ₹2,882 crore
Canara Bank on Monday reported 92 per cent jump in profit at ₹2,882 crore for the quarter that ende…
PTI
1 min read
Federal Bank Q3 profit jumps 54% to ₹804 crore
Private sector lender, Federal Bank on Monday posted a 54 per cent rise in its profit at Rs 804 cro…
PTI
3 mins read
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…
PTI
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
1 min read
Banks' non performing assets hit a six year low, says CARE Ratings
Even though the gross non-performing assets (GNPA) of scheduled commercial banks in India has hit a…
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…
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 Card Q3 profit rises 8 pc to ₹549 crore
Total operating cost increased by 23 per cent at Rs 2,426 crore for the third quarter of FY24…
PTI
1 min read
Axis Bank Q3 net profit rises to ₹6,071 crore
rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …
PTI
5 mins read
HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?
HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…
1 min read
Federal Bank's Q2 net profit rises 36% to ₹954 crore
Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profi…
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…
2 mins read
Global shares take a breather ahead of US jobs data in record-breaking week; oil rises after OPEC+ agrees slow supply rise
With the all-important monthly US jobs report due, stocks were trading steadily near record highs, …