Saturday, Jun 15, 2024 | Last Update : 03:00 AM IST


India's largest bank SBI net profit up 81% to ₹4,189 crore in Q1

Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year

31 Jul 2020 3:19 PM

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

NPAs: A good step, but

Many defaulters argued their default was predicated on the frequent changes in government policy or the regulators' delay in taking decisions.

04 Apr 2019 12:01 AM

PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 Mar 2019 10:27 AM

Alarm bells as NPAs go up, rupee plunges

The RBI has noted that the banks’ gross NPAs have already crossed the Rs 10 lakh crore mark last fiscal.

30 Jun 2018 5:16 AM


Bank officials to brief parliamentary panel on Non-Performing Assets, frauds

The Parliamentary Standing Committee on Finance has called the Indian Banks' Association officials to appear before it on Monday.

03 Jun 2018 9:13 PM

PNB to hire detective agencies to locate untraceable borrowers

PNB has invited applications for empanelment of detective agencies to locate its untraceable borrowers.

25 Apr 2018 3:53 PM

India's bad loans and stressed assets estimated at Rs 10 lakh crore

Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.

25 Oct 2017 1:50 PM

This is what IMF suggests India to grow at a faster rate

Agency says India must tackle coporate and banking sector bad loans and initiate labour reforms.

14 Oct 2017 10:11 AM

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 10:27 AM


RBI identifies 2nd batch of borrowers for insolvency proceeding

In July, central bank had sigled out 12 large companies that account for 25 per cent of total NPAs.

08 Sep 2017 11:30 AM

Addressing NPA problem to help resume lending to steep sector: Report

Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL -- are seen to have the maximum NPA problems.

24 Aug 2017 7:45 PM

'Ailing' PSU banks get Cabinet nod for consolidation

Consolidated bad loans or non-performing assets of these banks stand at Rs 8-11 lakh crore.

23 Aug 2017 3:52 PM

NPAs eat into SBI’s profit after merger

This is the first quarterly result from SBI after merging with five of its associate banks with it from April 1, 2017.

12 Aug 2017 3:47 AM

Banks need to take 60 per cent haircut on NPAs

Study suggests banks to increase provisioning by 25 per cent.

27 Jun 2017 4:15 AM


Banks to increase provisioning by 25 per cent post NPA haircut: Crisil

The RBI over a fortnight back referred the 12 largest bad loans for resolution under the Insolvency and Bankruptcy Code 2016.

26 Jun 2017 5:14 PM

RBI names 12 NPA accounts for insolvency proceedings

Each of them has over Rs 5,000 crore of outstanding loans, accounting for 25 per cent of total NPAs of banks.

14 Jun 2017 8:55 AM

Jaitley to review working of PSU banks, FIs on June 12

Meet assumes significance as it will be first after promulgation of ordinance amending Banking Regulation Act, 1949, last month.

09 Jun 2017 4:12 PM

SBI's $2.3 bn share sale probably to QIPs: Bhattacharya

SBI, India's biggest lender by assets, has shortlisted six banks to manage share sale.

03 Jun 2017 11:12 AM

This is how RBI will deal with $150-bn bad loans

Only two weeks ago, government gave central bank greater power to tame bad loans.

23 May 2017 10:44 AM