Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The framework mandates that banks report fraud to the RBI CRILC within a week of the joint lenders' forum (JLF) declaring an account fraudulent
In the Union Budget for FY22, no funds were earmarked for recapitalising state-run banks. This was a decadal first, and will temper their eagerness to lend
Stress test show banks capable of absorbing shocks without capital infusion
Topline growth should outweigh any pressure on margins
Gross NPA slips to 5%; regulator flags slippages from recast accounts
In a Q&A, Baldev Prakash dwells on the lender's plan to bring down NPAs and raise Rs 500 cr in equity by the end of FY23
Write-offs remained elevated at 2.1 per cent for NBFCs and 0.5 per cent for HFCs in H1FY23
Over the last couple of weeks, banks have made a beeline to raise funds by issuing debt instruments
'After coming out of four years of losses, we want to grow qualitatively'
Net NPA reduced to Rs 2,700.29 crore in Q2FY23 from Rs 3,854.33 crore as on Q2FY22 and from Rs 3,103.82 crore as on Q1FY23
PNB's total income during July-September 2022 was Rs 23,001.3 crore as against Rs 21,262.3 crore a year ago
NPA declines to Rs 2,457 crore, compared to Rs 3,972 crore a year ago
Profits would have been higher if not for aggressive provisioning: IDBI Bank CEO
NII up 19.1% to Rs 1,762 crore, other income rises 24% to Rs 610 crore
Also makes them applicable to UCBs
May even touch decadal low of 4% by March 2024; MSMEs remain vulnerable with one-fourth of recast accounts likely to turn NPAs
The National Credit Guarantee Trustee Company Ltd (NCGTC) declared that 1.6 million accounts or 16.4 per cent of the total 9.8 million loans disbursed have been converted to NPAs
Decrease in slippages and higher recoveries to help state-owned lender, says agency
Axis Bank Q1 Results: In FY22, the bank doubled its net profit to Rs 13,025 crore. The operating profit of the bank grew by 13 per cent YOY & 5 per cent QOQ, in Q4FY22
Credit growth showing signs of recovery, says RBI report