Non Performing Assets

Banks request RBI to extend reporting time frame for loan related fraud

The framework mandates that banks report fraud to the RBI CRILC within a week of the joint lenders' forum (JLF) declaring an account fraudulent

YES Bank Q3 net down 80.7% at Rs 52 crore as ageing bad loan hurt

YES Bank's net interest income was up 11.7% YoY in Q3 to Rs 1,971 crore. Sequentially, NII declined from Rs 1,991 crore

YES Bank reports surprise 80% plunge in Q3 profit to Rs 51 cr as NPAs rise

Net profit fell to Rs 51.52 crore for the three months through December from Rs 266 crore

Indian banks going through a purple patch: NPAs trending downwards

Banks have been slow to pass the rate hikes on the liabilities while the assets side saw immediate revision

Statsguru: Six charts explain banking sector revival amid rising rates

In March 2021, the GNPAs for SCBs were at 7.5 per cent of the total outstanding loans

Top headlines: PM Modi's mother passes away, bank's NPA ratio at 10-yr low

Business Standard brings you the top headlines at this hour

Banks' net NPA ratio at 10-yr low, GNPAs continue downward journey: RBI

Stress test show banks capable of absorbing shocks without capital infusion

Gross NPA ratio falls to 7-yr low of 5%, banking system remains sound: RBI

The RBI on Thursday said banks' gross NPA ratio has fallen to a sever-year low of 5 per cent and the banking system remains sound and well-capitalised. In the 26th issue of the Financial Stability Report (FSR), the RBI also said the global economy is facing formidable headwinds with recessionary risks looming large. The interplay of multiple shocks has resulted in tightened financial conditions and heightened volatility in financial markets, it pointed out. "The Indian economy is confronting strong global headwinds. Yet, sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and engendering financial system stability," the report said. In the foreword to the report, RBI Governor Shaktikanta Das said the central bank recognises the destabilising potential of global risks, even as it draw strength from the robust macroeconomic fundamentals of the Indian economy. "The Reserve Bank and the other financial ..

ICRA downgrades PTC Financial Services short-term rating over operations

Failure to improve business volumes may impact profitability of Delhi-based NBFC, says agency

We want to address concentration risk in our home ground: J&K Bank chief

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

NIIF: How a tortoise among hares made due diligence process NPA-free

Only NIIF has so far stayed the course as a viable infrastructure financing institution, using sovereign support

Slippages from restructured NBFC book increased in H1FY23, says Icra

Write-offs remained elevated at 2.1 per cent for NBFCs and 0.5 per cent for HFCs in H1FY23

RBI revises norms for classifying UCBs as financially sound & well managed

The boards of the banks have to examine the compliance with the FWSM criteria and pass necessary resolutions and inform RBI immediately

Rally in PSU banks set to continue; biz prospects may improve further in H2

There's been credit expansion and credit costs have remained low, due to general economic growth and low non-performing assets (NPAs)

Nifty PSU Bank index m-cap crosses Rs 10 trillion in intra-day trade

The index hit an intra-day high of 4,145.45 before ending at 4,049, up 0.05%; m-cap at close was Rs 9.9 trillion

Indiabulls Finance Q2 consolidated net up marginally to Rs 289.4 cr

Impairments on financial instruments double YoY; income from operations almost flat at Rs 2,229.7 cr

SBI's Q2 net rises 74% to Rs 13,265 crore on improved interest margins

The lender's net interest income improved 12.83 per cent YoY to Rs 35,183 crore for Q2FY23, against Rs 31,184 crore last year

Bank of Baroda's Q2 net jumps 58.7% aided by rise in NII, dip in provisions

Provisions of the lender declined 41 per cent YoY to Rs 1,628 crore in Q2FY23.

HDFC retail loan demand at 8-year high, standalone net profit rises 18%

Shifted from quarterly reset for individual loans to monthly one

UCO Bank net profit up 145% at Rs 504 cr in July-September quarter

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