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Asset quality News

23 Mar 2016

Bank stocks edge lower on asset quality worries

Bank stocks came under selling pressure today, falling by up to 2 per cent, after Standard & Poor's said their asset quality and capitalisation are likely to remain under pressure in the next 12 months.

06 Aug 2015

Stressed loans to add $16 billion to Indian banks' capital needs

Most state-run lenders have high levels of bad loans and their shares are trading below their book values.

29 Jul 2015

Bank results indicating asset quality stability: RBI

Reserve Bank Deputy Governor S S Mundra on Wednesday said initial trends from banks' first quarter results indicate some stability on asset quality.

25 Jul 2015

Andhra Bank Q1 net up 89.27% at Rs 202.52 crore

Andhra Bank on Saturday reported a 89.27 percent jump in Net profit at Rs 202.52 crore for the first quarter ended June 30, 2015, on improved asset quality.

12 May 2015

17 projects turn non performing assets: Govt

About 23 percent of the 74 projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.

12 May 2015

Loans worth Rs 54,000 cr granted by public banks turned NPAs

About 23 percent of the projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.

12 May 2015

Asset quality woes not over for banks; GNPAs to rise: Crisil

The scheme allows banks to refinance or sell long-term project loans after every five years. For banks to avail such a facility, the loan tenor cannot be more than 25 years.

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