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Thursday, June 20, 2013
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BoI doesn't see big raise in provisioning post RBI revision
Bank of India (BoI) doesn't see its provisioning requirement substantially going up due to RBI's rev...
SBI plummets over 8%; m-cap down Rs 12,867 cr on weak results
Following the earning results, shares of State Bank of India plummeted by 8.87 percent to Rs 2,154.5...
SBI aims for 25% deposit growth in 2013-14 fiscal
State Bank of India is projecting a deposit growth of 25 percent during the current fiscal compared ...
Allahabad Bank to trim NPAs to 3.2%; aims to recover Rs 3K cr
Public sector lender Allahabad Bank aims to bring down its gross non-performing assets (NPAs) level ...
Bank NPAs likely to be at 4.4% levels this fiscal: Fitch
Fitch on Thursday said the asset quality woes of banks are unlikely to ease any time soon and the gr...
Bad assets rise 42% at Rs 1.83 trillion till Dec'12: CARE
Slowdown in growth and high interest rates have resulted in a 42.6 percent rise in bad assets in ban...
Govt, RBI steps improved recovery of NPAs: FM
Steps taken by the government and RBI have led to improvement in recovery of bad loans of public sec...
Bad loans of banks rise 50% in first 9 months: Study
Bad loans or net non-performing assets (NPAs) of listed banks rose by 50 percent in the first nine m...
SBI posts mere 4% growth in Q3; bad assets rise
On a consolidated basis, net income fared a tad better with 7.65 percent growth to Rs 4,648 crore.
Banking system shows signs of instability on rising NPAs: RBI
The banking system has recently shown signs of moderate rise in instability due to increase in non-p...
Bad loans of state-run banks are Rs 1.43 lakh cr as of Sept
Non-performing assets were Rs 1.12 lakh crore as of March 31, 2012, Minister of State for Finance Na...
Govt to handhold stressed sectors to help them brave gloom: FM
The government will have to look at rising Non-Performing Assets (NPAs) sector wise and find ways an...
SBI shares fall 4% on concerns over higher NPAs
Shares of SBI on Friday fell by nearly 4 percent, after the bank's reported 5.15 percent increase in...
Yes Bank Q2 net profit rises 30% to Rs 306.08 crore
Private sector Yes Bank on Tuesday posted a 30 percent growth in net profit to Rs 306.08 crore for t...
NPAs of banks may cross Rs 2 lakh crore by March 2013: Assocham
The net non-performing assets (NPAs) of the banking sector are expected to cross Rs 2 lakh crore by ...
Improve credit mgmt system to curb NPAs: RBI to banks
While the overall bad assets in the system rose to 5.7 percent in FY12, from 4.2 percent a year ago,...
Fin Min wants PSU banks to phase out unsecured short-term loans
The government has asked the public sector banks to phase out all short-term loans without collatera...
United Bank expects to recover Rs 400-500 crore from defaulters
United Bank of India (UBI) on Saturday said it expects to recover Rs 400-500 crore in cash this fis...
Cut interest rates, keep EMIs at affordable level: FM to banks
Finance Minister P. Chidambaram Saturday called for increased consumer spending as a booster shot to...
Spanish banks' bad-loans ratio hits new record
The ratio of non-performing loans to total outstanding loans held by Spanish banks has risen to a re...
SBI Q1 net jumps 137% to Rs 3,752 crore; NPAs cause of concern
Country's largest lender, State Bank of India (SBI) on Friday posted net profit of Rs 37.52 billion ...
Central Bank's net profit up 20%
The bank had net profit of Rs 280.78 crore during the April-June quarter of 2011-12.
ICICI Bank Q1 net up 36% at Rs 1,815 crore
ICICI Bank Friday reported a 36 percent jump in post-tax profit for the first quarter ended June 30 ...
HDFC Bank Q1 net up 31% to Rs 1,417.4 crore, stocks up
HDFC Bank Friday reported 30.6 percent growth in net profit to Rs 1,417.4 crore for the first quarte...
RBI revises criteria for declaring dividend by UCBs
RBI on Thursday said urban cooperative banks (UCBs) which have less than five percent of NPAs and co...
Pranab asks banks to reduce NPAs without choking credit flow
Expressing concern over the bad loans, Finance Minister Pranab Mukherjee Tuesday directed banks to r...
NPAs issue needs to be addressed on priority: Pranab
Concerned over the rising bad loans of banks, Finance Minister Pranab Mukherjee Wednesday said the i...
NPAs only a reflection of economic stress: RBI
RBI Deputy Governor Anand Sinha on Tuesday said the burgeoning Non-Performing Assets (NPAs) in the b...
FM asks public sector banks to manage NPAs
Concerned over rising bad loans, Finance Minister Pranab Mukherjee Monday asked the banks to take st...
NPAs of nationalised banks stand at Rs 59,397 crore: FM
The government on Tuesday said gross non-performing assets (GNPAs) of nationalised banks stood at Rs...
Huge jump in Indian Bank's NPA
State-owned Indian Bank hopes to convert a sizeable portion of its non-performing assets (NPA) into ...
Govt monitoring efforts to recover NPA
With bad loans of banks touching Rs 1.27 lakh crore during April-December 2011, the government Wedne...
Banks' NPA at Rs 1.27 trillion till Dec
The non-performing assets (NPAs) of banks have risen to Rs 1.27 lakh crore till December last year, ...
Strengthen NPA database through existing systems: RBI
Reserve Bank Wednesday said there is a need to strengthen the database non-performing assets (NPA) t...
Banks' NPAs do not indicate systemic vulnerability: FinMin
The Finance Ministry Tuesday said non-performing assets (NPAs) in the banking sector do not indicate...
AI not be an NPA before April: SBI
Reporting a massive 85 percent rise in provisioning against non-performing assets, State Bank of Ind...
IOB plans recovery of Rs 1,500 cr from sticky accounts
The bank's overall non-performing assets stands at Rs.3,971 crore.
Infra proj in emerging economies perceived vulnerable to risks
Infrastructure projects in emerging economies like India are perceived as vulnerable to risks and ef...
Bank's deteriorating NPAs a concern: Pranab
Voicing concerns over "deteriorating assets quality" in the banking sector, Finance Minist...
Kingfisher is an NPA: SBI chief Pratip Chaudhuri
State Bank of India, cash-strapped Kingfisher Airlines' largest creditor, on Thursday called the Vij...
NC-Cong coalition non-performing liability on J&K
Terming the ruling NC-Congress dispensation in Jammu and Kashmir as a non performing liability on t...
Debt sales to accelerate to unprecedented level in 2012: KPMG
KPMG said that the debt markets globally will see unprecedented activity in 2012.
'Big-time infra loans may turn NPA due to regulatory hurdles'
Delay in regulatory approvals for infrastructure projects worth Rs 1.18 lakh crore poses a serious r...
'Allow systemically important NBFCs to float perpetual bonds'
Industry chamber FICCI on Sunday suggested that systematically important non-banking finance compani...
Assocham opposes new classification norms for NBFC NPAs
Industry body ASSOCHAM has opposed the RBI's proposed new classification of the secured and unsecure...
Gross NPAs of banks to go up to 3% in 2011-12: Crisil
Rating agency Crisil Thursday said gross non-performing assets (NPAs) of banks are expected to incre...
No systemic risks from rising NPAs: Anand Sinha
Reserve Bank deputy governor Anand Sinha Wednesday said though bad loans are rising in the system, t...
Be vigilant to check NPAs, but don't choke credit: FM to banks
Concerned over rising Non- performing Assets (NPAs) of public sector lenders, Finance Minister Prana...
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