Page 14 - Non Performing Assets

Banks likely to take more loan write-offs due to weak recovery prospects

Resolution delays coupled with rising provision cover on large legacy bad loans (nearing 90 per cent) could mean that loan write-offs will continue to be high, particularly for state-run banks

PNB under-reported bad loans by Rs 2,617 cr in FY19: RBI report

In a regulatory filing on Saturday, PNB said the divergence in gross non-performing assets (NPAs) assessed by the central bank stood at Rs 2,617 crore in FY19

Cash woes at India shadow lenders may lead to more bad debt at banks

Banks and non-bank firms are in a feedback loop, especially through exposures to the real estate sector, which is under "significant stress," Moody's said

Indian banks' NPA write-offs to continue amid low recoveries: Fitch Ratings

The state-owned banks account for a dominant share (around 90 per cent) of impaired loan stock and have cumulatively written-off nearly 30 billion dollars in bad loans over the past three years

Corporate sentiment improving in early sign of economic recovery: SBI MD

The bank's PMI has crossed 50 points for the first time this month indicating that sentiment is positive

Loan melas a short-term salve, may come back to bite NPA-hit banks

Banking and policy experts said government lending schemes had a track record of skimping on due diligence, leading to higher-than-normal levels of bad loans

AB Capital: a case of growing mismatch in fundamentals and price movement

Confidence on the stock remains high despite systemic concerns

India didn't join RCEP as 'offer was not as much as our aspirations': FM

India's decision to not to join the mega deal was announced by Prime Minister Narendra Modi during his speech at the RCEP Summit in Bangkok early this month.

Banks need Rs 50,000 cr additional capital to support loan growth: Fitch

Fitch said the rating outlook for most Indian banks mirrors the stable outlook on India's sovereign rating

$14 bn loans to builders under severe stress, may result in default: Report

"Over 62% or about $58 billion of the total loan advances ($93 billion) to Indian real estate by banks and NBFCs/HFCs is currently completely stress-free," Anarock said in a statement

Axis Bank says doubling loan provisions for 'stressed' sectors

In April 2019, the bank had first disclosed that it had started to provide extra capital, but had not given out the exact levels of the additional provisioning or spelled out the sectors

India's banks wrote off Rs 2 trillion worth of bad loans in 2018-19

Even as banks have written off more loans than before, recovery of bad loans has also improved substantially in the past couple of years

MFI sector growth falters and defaults rise with Assam protests, slowdown

Natural calamities, over-lending and liquidity issues with NBFCs add to the sector's woes

RBI mulls new rules on corporate governance; wants banks to 'disclose more'

Speaking to an audience comprising of all the top bankers, RBI deputy governor said the new guidelines will be put in public domain and the RBI will be seeking comments before finalising any rules

Strategic privatisation can fund fiscal needs for 15-20 yrs: Chhaochharia

The value of a strategic privatisation could easily be two to three times these companies' typical valuation

Major wilful defaulters revealed: RBI finally discloses details under RTI

For over ten years, the RBI has denied RTI applicants this information arguing that it would be against the economic interests of the country

CSB Bank IPO: Why lender may ride the Street and be its dark horse

CSB's core strength is its concentration in Kerala and gold loans, which could also turn into its weakness in times of adversity

Bank of India, IOB report divergences in bad loans; losses widen for FY19

Bank of India had a fall in its net NPA divergence by Rs 329 crore for 2018-19

HC relief for SBI, other lenders in debt recovery from crisis-hit DHFL

The lenders, led by State Bank of India, Bank of Baroda and IDFC had moved the high court seeking a relief from an earlier order that restrained DHFL from making any payments to creditors

PFS to raise Rs 500 cr in equity; looks to bring down gross NPA under 4%

The company has also become the first NBFC to avail of the RBI's credit enhancement scheme by raising Rs 250 crore in bonds from LIC