Search For "non performing assets"
Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping
Updated : 1 month, 3 weeks ago IST
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
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Punjab and Sind Bank posts 24 pc growth in profit to Rs 373 crore in third
Updated : 1 month, 4 weeks ago IST
The state-run bank said its interest income went up 12.61 per cent to Rs 2,107 crore from Rs 1,871 crore in the corresponding quarter the previous year
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ICICI Bank posts 34.5 pc growth in profit after tax to Rs 8,792 cr in Q3
Updated : 1 month, 4 weeks ago IST
The bank said the average current account and savings account (CASA) ratio was 44.6 per cent during the reviewed quarter
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HDFC Bank posts 20% growth in net profit during Oct-Dec
Updated : 2 months ago IST
The Bank also said consolidated advances grew 19.2 per cent to Rs 1,563,799 crore during the third quarter of 2022-23, against Rs 1,312,142 crore as on December 31, 2021. The bank shared the statement with exchanges on Saturday.
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ED files chargesheet against 7 J-K-based bizmen, entities in 'Bank of Indi
Updated : 4 months ago IST
The chargesheet was filed under the Prevention of Money Laundering Act (PMLA), 2002, in a case related to bank fraud wherein the total Non-Performing Assets (NPA) declared by the Bank of India was Rs 91.50 crore.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 6 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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China's economy at risk with banks witnessing rise in non-performing asset
Updated : 7 months, 3 weeks ago IST
Beijing [China], July 27 (ANI): Chinese bank depositors, who are protesting against their inability in getting their frozen funds back, are now boycotting the mortgages payment which in turn is increasing the non-performing assets (NPA) of the banks giving a major blow to the country's econo
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ECI's action against 2,100 parties 'cleanup of NPA's in political space'
Updated : 9 months, 4 weeks ago IST
New Delhi [India], May 26 (ANI): Action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of audited reports, is a cleanup exercise of the non-performing assets (NPA) in
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SBI Q4 net profit jumps 41 per cent to Rs 9,113 crore
Updated : 10 months, 1 week ago IST
New Delhi [India], May 13 (ANI): The country's largest lender State Bank of India (SBI) on Friday reported Rs 9,113.53 crore net profit for the fourth quarter of 2021-22, 41.27 per cent higher than Rs 6,450.75 crore recorded in the corresponding period of the previous year.
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HDFC Bank gross NPA declines to 1.17 per cent in March 2022
Updated : 11 months, 1 week ago IST
Mumbai (Maharashtra) [India], April 16 (ANI): The asset quality of India's largest private sector lender HDFC Bank has improved as the bank's gross non-performing assets (NPAs) declined to 1.17 per cent of gross advances as on March 31, 2022, as against 1.32 per cent as on March 31, 2021, a
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Writing off does not mean completely waiving money due from NPAs: Sitharam
Updated : 11 months, 3 weeks ago IST
New Delhi [India], March 29 (ANI): Finance Minister Nirmala Sitharaman on Monday said that writing off does not mean "completely waiving the amount" and banks follow up on loans to recover the outstanding dues.
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Kotak Mahindra Bank Q3 profit rises 31 per cent to Rs 3,403 crore
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], January 28 (ANI): Kotak Mahindra Bank on Friday said its consolidated net profit rose 31 per cent to Rs 3,403 crore during the third quarter of the current financial year from Rs 2,602 crore recorded in the corresponding quarter of the previous year.
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