Asset Quality Review

Asset quality of Indian banks will be stable in 2023, says Moody's

The asset quality of Indian banks and those in Southeast Asian countries will be stable in 2023, said Moody's Investors Service in its latest report on the banking sector in emerging markets

Excess credit growth to limit Indian banks' loss-absorbing ability: Fitch

Rating agency warns capital base of PSBs may come under greater strain

Five-Star Business up 3.4% on debut as Rs 684 cr worth of shares are traded

Listing day gains come despite lukewarm response to IPO

PSBs' Q2 net profits zoom 50% YoY on steady rise in interest income

Strong loan growth, rising lending rates give the boost

BOI Q2 net down 8.65% YoY on rise in provisions for standard assets

Earnings, asset quality profile improve for public sector lender

PNB Q2 net profit slips 63% to Rs 411.3 crore as NPA provisions rise

PNB's total income during July-September 2022 was Rs 23,001.3 crore as against Rs 21,262.3 crore a year ago

PNB Housing Finance's Q2 net profit rises 12% on improving margins

Its net interest income (NII) expanded by 29 per cent YoY to Rs 649 crore in the reporting quarter.

SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions

Impairment losses and bad debts declined 8 per cent YoY to Rs 546 crore but was up 21 per cent sequentially.

Bank does not foresee asset quality challenges, rumours baseless: RBL Bank

The bank's gross non-performing assets (NPAs) and net NPAs were 4.4% and 1.3%, respectively, at the end of the March quarter, with a provision coverage ratio of 70.4%

Rising Covid cases may add to asset quality risks of NBFIs: Fitch

Fitch Ratings on Friday said the rising COVID cases may delay recovery in MSME and microfinance lending, and add to asset quality risks of non-banking financial institutions.

Banks likely to post 36.3% rise in Q3 net profit at Rs 38,153 crore

The bad loans saw a dip in Q2, both in absolute and percentage terms. The trend is likely to prevail in Q3

Banks see uptick in credit growth; asset quality likely to improve

"An increase in bond yields would impact treasury performance," Motilal Oswal Securities said.

Asset quality set to worsen, but banks resilient enough: RBI report

The GNPA ratio of PSBs, which was 8.8 per cent in September this year, may deteriorate to 10.5 per cent by September 2022 under the baseline scenario

Asset quality of NBFCs worsens in H1 amid Covid-19 pandemic: RBI report

The pandemic posed significant challenges to NBFCs during the first wave (2020) also

Dramatic improvement in asset quality post June: Amitabh Chaudhry

'The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner', said Chaudhry

Small ticket personal loans delinquencies shoot up in FY21, NBFCs most hit

Small ticket personal loans segment has witnessed a huge surge in asset quality stress for lenders in the pandemic-affected FY21, with NBFCs taking the maximum brunt

Retail and MSMEs likely to see rise in slippages, say bankers

The current level of NPAs masks the actual pain due to restructuring done under regulatory packages, both in 2020 and this year

AU Small Finance Bank jumps 7% as firm clarifies on recent managerial exits

The management clarified on the recent exits in the bank, including on the resignation of internal audit head, Sumit Dhir, saying he resigned following personal reasons

Asset quality risks on rise, but Indian banks can absorb loss: Moody's

Coronavirus outbreaks triggering strict containment steps will impede economic recovery and erode borrowers' debt repayment capacity, increasing their asset risks, says agency

SBI Card gains 4% on strong June quarter results

Asset quality improved with GNPA at 3.91 per cent versus 4.99 per cent QoQ while RBI RE book was down from 8 per cent to 6 per cent, sequentially