Page 4 - Non Performing Assets

'5,200 cos with credit exposure of over Rs 5 cr declared as NPAs till Dec'

The Central Repository of Information on Large Credits (CRILC) is tasked to collect, store, and disseminate credit data to lenders

LIC net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution

In the same period last financial year, LIC's net profit totaled Rs 0.91 crore

Future Retail NPAs: Indian Bank to take Rs 800-crore hit in fourth quarter

Earlier, a consortium of 27 banks had indicated they would have to make combined provisions of around Rs 9,000 crore due to non-payment by the retailer.

Asset quality issues to affect realty-focused non-banks till FY23: Study

The real estate AUM of non-banks contracted by 17.64 per cent to Rs 2.8 lakh crore as of March 2021 from Rs 3.4 lakh crore as of March 2019

Top headlines: Future seeks time; RIL weighs in on Videocon's oil assets

The government's borrowing in the FY23 Union Budget may get trimmed by Rs 63,500 crore. More on that in our top headlines.

Top headlines: NPAs, new Air India board, Budget predictions, and more

Business Standard brings you the top headlines at this hour.

NBFCs to witness revival in growth this year; may see slight uptick in NPAs

Non-banking financial companies (NBFCs) showed resilience in 2021 despite the coronavirus pandemic woes and are expected to witness continued momentum in growth this year

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

Banks' better NPA recovery, declined provisioning to continue in 2022: ICRA

The improvement in such parameters has helped realise better profitability for the banks, the rating agency said

PSBs recover more than Rs 5.49 trn over last 7 fiscal years, says FM in LS

The government has taken comprehensive steps to reduce NPAs and to effect recovery, enabling public sector banks to recover more than Rs 5.49 trillion over the last seven fiscal years

A new approach to identify bad loans is needed: Credgenics co-founder

The pile-up of bad loans is a pain point and the pressure is mounting, said Rishabh Goel

Our action against defaulters helping banks cut NPAs: FM Sitharaman

Last week, prime minister Narendra Modi had said banks have managed to recover more than Rs 5 trillion from defaulters

Lenders to sell Videocon Oil Ventures, Amtek Auto debt to NARCL

Rs 90,000-crore NPAs of 22 firms to be transferred in first tranche

Dip in provisions helps PSB profits jump 94% to Rs 17,312 crore in Q2

The second quarter marked a gradual improvement after experiencing a setback from the pandemic in the April-June period.

IndBank Q2 net up 164% to Rs 1,089 cr on surge in other income, recoveries

Gross NPAs come down to 9.56% form 9.89% a year ago; advances up 5%

SBI Cards net up 67% to Rs 345 cr on lower provisions, higher other income

Asset quality improved as gross NPAs went down by 55 bps sequentially and 410 bps on YoY basis to stand at 3.36%

Indian Overseas Bank net profit up 154% to Rs 376 crore in Q2

Total income down marginally by 1% to Rs 5,376 crore; asset quality shows signs of improvement

L&T Finance Holdings Q2 consolidated net profit declines 15% to Rs 224 cr

The company's total lending loan book contracted by 12 per cent to Rs 86,936 cr in Sept 2021 from Rs 98,823 cr in year-ago period

Banking system NPAs may rise to 8-9% by end of FY22, says Crisil

Stressed assets may rise to 10-11% by the end of FY22, assuming 2% of assets are restructured by the banks

Amid rise in Mudra loan NPAs, finmin to meet PSB CEOs to take stock

Minister of State for Finance, Bhagwat Karad will meet the PSB CEOs on September 16 in Aurangabad