npa
Yes Bank posts net loss of Rs 629 cr in Sept quarter as bad loans spike
The private sector lender had posted a net profit of Rs 951.47 crore in the corresponding period of the previous fiscal.
Diluting govt stake below 50 per cent in PSBs no solution: Unions
Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.
Bank of India post Rs 266 crore profit in Q2
The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.
ICICI Bank rises 2 per cent after Q2 results
The ICICI Bank scrip rose 1.95 per cent to Rs 478.60 -- its 52-week high -- on the BSE.
SBI posts six-fold rise in Q2 profit at Rs 3,375 crore
The bank's net profit was Rs 576.46 crore in the July-September period of the previous fiscal.
AU Small Finance Bank reports 89 per cent jump in Q2 net profit
The bank's 79 per cent of the loan book is retail with around 95 per cent are secured.
Suspended PMC bank chief hid information from RBI to save itself from ‘reputational loss’
‘As loans outstanding were huge and if these were classified as NPA it would have affected the profitability,’ the letter said.
No stressed MSME loan to be declared NPA till March 2020: FM
FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.
PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr
The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.
From 27 to 12, Finance Minister announces mega PSU bank mergers
Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.