Search For "npa"
Crisil revises outlook on Union Bank's long-term debt instruments
Updated : 2 days, 4 hours ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Crisil Ratings has revised the outlook on long-term debt instruments of Union Bank of India (UBI) to stable from negative while reaffirming ratings at AA-plus.
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Steps taken to end non-transparent credit culture in country, says
Updated : 1 week ago IST
New Delhi [India], February 26 (ANI): The country's financial and banking sector was weakened in the name of aggressive lending about 10 years ago, but the BJP-led central government has taken several steps to deal with the non-transparent credit culture, said Prime Minister Narendra Modi
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Training of police officers being improved with more focus on tac
Updated : 2 weeks ago IST
New Delhi [India], February 18 (ANI): The Home Ministry has agreed to some changes in the training of officers in line with findings of a survey done by National Police Academy to identify any missing gaps, NPA Director Atul Karwal has said.
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SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
Updated : 4 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
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Federal Bank reports Q3 operating profit at Rs 963 crore
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], January 20 (ANI): Private sector lender Federal Bank said on Wednesday its operating profit moved up to Rs 963 crore during the quarter ended December as against Rs 744 crore during Q3 FY20.
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CSB Bank reports PAT of Rs 53 cr in Q3
Updated : 1 month, 2 weeks ago IST
Thrissur (Kerala) [India], January 19 (ANI): Private sector lender CSB Bank (earlier known as Catholic Syrian Bank) on Tuesday reported a profit after tax of Rs 53 crore in the third quarter (October to December 2020) as compared to Rs 28 crore in the corresponding period of the previous fis
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 1 month, 2 weeks ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Karnataka Bank Q3 net rises 10 pc to Rs 135 crore
Updated : 1 month, 3 weeks ago IST
Mangaluru (Karnataka) [India], Jan 12 (ANI): Karnataka Bank on Tuesday posted a net profit of Rs 135 crore for the third quarter of the current financial year, marking a growth rate of 9.93 per cent as against Rs 123 crore during the corresponding quarter of the previous year.
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BoI reports divergence of Rs 63 crore in gross NPAs
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
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Petition filed in SC seeking contempt of Court proceedings against
Updated : 2 months ago IST
New Delhi [India], January 4 (ANI): A petition has been filed before the Supreme Court seeking initiation of contempt of Court proceedings and punish the Reserve Bank of India (RBI) Governor, Shaktikanta Das, and officials concerned of the State Bank of India (SBI) for allegedly and wilfully
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Loan moratorium case: Petitioner seeks grace period before lifting
Updated : 2 months, 2 weeks ago IST
New Delhi [India], December 21 (ANI): Submitting that accounts of borrowers turning into non-performing assets due to non-repayment of loans will bring "disastrous effect", one of the petitioners seeking an extension of the loan moratorium has sought to grant a grace period of 90 days before
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Gross NPAs of banks may jump to 11.5 pc by end of FY21: Care Ratin
Updated : 4 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
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