Search For "npa"
China's economy at risk with banks witnessing rise in non-performing asset
Updated : 8 months 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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Karnataka Bank's Q1 net profit rises 7.69 per cent to Rs 114 crore
Updated : 8 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Karnataka Bank on Saturday reported a net profit of Rs 114.05 crore for the first quarter of the current financial year, registering a year-on-year growth of 7.69 per cent.
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ICICI Bank's gross NPA ratio declines to 3.41 per cent
Updated : 8 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross non-performing asset (NPA) declining to 3.41 per cent as of June 30, 2022, as compared to 5.15 per cent recorded on the sam
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ECI's action against 2,100 parties 'cleanup of NPA's in political space'
Updated : 10 months, 1 week 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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Prep Academy: An edutech startup to prepare for the future, apply now for
Updated : 10 months, 2 weeks ago IST
New Delhi [India], May 17 (ANI/SRV): Prep Academy, renowned as one of the best career coaching institutes is offering a variety of courses for candidates looking to take entrance exams.
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Union Bank of India Q4 profit rises 8 per cent to Rs 1,440 cr
Updated : 10 months, 3 weeks ago IST
New Delhi [India], May 13 (ANI): State-owned Union Bank of India on Friday reported a standalone net profit of Rs 1,440 crore for the fourth quarter of 2021-22, posting a year-on-year increase of around 8 per cent.
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SBI Q4 net profit jumps 41 per cent to Rs 9,113 crore
Updated : 10 months, 3 weeks 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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Indian Bank net profit rises 31 per cent to Rs 3,945 crore in 2021-22
Updated : 10 months, 3 weeks ago IST
Kolkata (West Bengal) [India], May 11 (ANI): The government-run lender Indian Bank on Wednesday reported a net profit of Rs 3,945 crore for the financial year ended March 2022 as compared to Rs 3,005 crore recorded in the previous year, posting a growth of 31 per cent.
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IDBI Bank Q4 net profit rises 35 pc to Rs 691 crore
Updated : 11 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI): IDBI Bank on Monday said its net profit for the fourth quarter of the financial year 2021-22 rose to Rs 691 crore from Rs 512 crore in the corresponding quarter of the previous year, posting year-on-year growth of 35 per cent.
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IDFC First Bank Q4 profit rises 168 per cent to Rs 343 crore
Updated : 11 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): IDFC First Bank on Saturday said its net profit for the quarter ended March 2022 surged 168 per cent year-on-year to Rs 343 crore as compared to Rs 128 crore recorded in the corresponding period of last year.
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HDFC Bank gross NPA declines to 1.17 per cent in March 2022
Updated : 11 months, 2 weeks 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 : 1 year 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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