Page 5 - Bad Loans

Lenders to make Rs 5,000-crore provisions for Srei bad loans, say bankers

The banks will set aside around 15 per cent provision for secured loans. It would be higher for unsecured credit

PNB picks up 12% stake in NARCL, to cut holding by December

PNB's equity stake of 12.06 per cent will be reduced to 9 per cent by December 2021

Top headlines: Sebi eases delisting norms, NARCL eyes Rs 64,000 cr recovery

S&P sees indications of strong rebound in Indian economy after Q1. Jewellers sell Rs 100 gold online as Indians take to internet buys in Covid. More in top headlines of the day

NARCL expects to recover up to Rs 64,000 cr through resolution of bad loans

Bad bank and AMC may get 15 per cent of upside recovery in NPAs resolved in first year itself

How good is the bad bank

The key to the success of the bad loan experiment will be IDRCL's management team and the incentive structure. It could recover more than what the industry is estimating now

Gross NPAs of banks to cross Rs 10 trn by March 2022: Study

The study also highlighted that risk management practices of Indian banks

After Q1 spike, NBFC bad loans to ease in FY22 as collections improve: Icra

Rating agency says the 90-day-plus dues, which touched 6.3% this June, may drop to 5.3% by March 2022 under base scenario

GIC Housing Finance's bad loans spike to 11.4% in Q1, solvency weakens

The deterioration in the asset quality would further impact GICHF's earnings profile, and consequently, its internal capital generation

Indian banks will be able to withstand rising asset risks, says Moody's

The rating agency in a statement said that banks' improved profitability, capital and loss buffers will help them absorb anticipated loan losses and maintain credit strength

Bad loans: Prevention is better than cure

In managing the bad loan problem, IBC should be the last resort for banks

Banks use ARCs for ever-greening: Parliamentary Committee on Finance

Calls for encouraging banks to bring down their leverage, says present "grim situation" should not be used as an alibi for bank privatisation

PNB expects recovery of Rs 14,000 crore from bad loans in three quarters

Currently, the bank has about 10,641 branches across the country

HDFC's bad loans increase in June quarter, but there's a silver lining

Growth trends still strong; it is well-capitalised, provision coverage is high

MSME NPAs increase to 12.6% in March 2021 quarter, says report

An analysis showed a significant surge in credit demand post unlocks after the first and second wave of the pandemic

Canara Bank Q1 net nearly triples to Rs 1,177 cr as provisions dip

Net interest income rose by just 0.84 per cent in Q1FY22 to Rs 6,147 crore from Rs 6,096 crore a year ago

Real estate sector loans worth $18 bn under severe stress: Anarock

Property consultant Anarock, however, said in its report that at least 67 per cent or about $67 billion of the total advances to the sector is now completely stress-free.

PSBs' loan write-offs twice as much as govt's capital infusion in 7 years

RBI data shows, loans written-off by the private sector banks were much lower than their public sector counterparts

Recovery of bad loans impacted due to Covid pandemic, says B K Karad

The recovery as a percentage of gross non-performing assets moderated to 12.8 per cent in 2020-21 from 15.8 per cent in the previous fiscal year against the backdrop of the pandemic

China's bank regulator warns of rising bad loans due to uneven recovery

Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation

India sets up bad bank to reduce debt burden, free up lenders

National Asset Reconstruction Company Ltd's paid-up capital is Rs 74.6 crore