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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
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 …
PTI
Indian Bank Q3 profit surges 52% to ₹2,119 crore
The public sector Indian Bank on Wednesday reported a 52 per cent jump in net profit at Rs 2,119 c…
PTI
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
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
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…
PTI
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
Bank of Maharashtra Q3 profit more than doubles to ₹775 crore
State-run Bank of Maharashtra (BoM) on Monday reported a two-fold jump in its standalone profit aft…
PTI
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
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…
HDFC’s net profit grows by 19% but its non performing assets swell sequentially
HDFC Bank today reported a 19% growth in the first quarter of FY23 net profit to ₹9,169 crore, from…
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…
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…
Kotak Mahindra Bank's net profit rises almost 32% in the first quarter to ₹1,641 crore
The bank had posted a net profit of Rs 1,244.45 crore in the same quarter of the previous fiscal…
PTI
Rana Kapoor corruption case: CBI raids 7 locations in Mumbai
The CBI move came after the Enforcement Directorate arrested Kapoor on Sunday morning after ov…
RBI won’t introduce new denomination notes, to focus on cashless transactions
“Banks cannot escape from the responsibility of controlling NPAs in their balance sheets,” he said.…
Indian students are still relying on government banks for education loans
Most private banks now lend only to students enrolling in the partnered universities including Indi…
Enough reason for 2nd term? Here’s how Raghuram Rajan recently guarded Indian banks from a Lehman-like crisis
"Even though the economic recovery is not happening at the desired pace, RBI and the bank boards ha…
India’s largest lender SBI sees 66 per cent slump in profits, hike in NPAs
The SBI had posted net profit of Rs 3,742.02 crore in the corresponding, January-March quarter of t…
RBI is asking banks to tread with caution while giving loans to discoms
The RBI, in a communiqué, told state-owned banks that any additional exposure to discoms would resu…