Page 5 - Npa

Centre raises MSP of 17 kharif crops; further revises MSME definition

Medium units' turnover limit hiked to Rs 250 crore

Covid-19 hits M&M Finance; pre-tax profit plunges by 67% in Q4FY20

The vehicle finance major, provided Rs 562.6 crore towards Covid-19 related shocks

Equitas SFB posts 8.4% rise in FY20 pre-tax profit, income up 22%

Bank has made a provision of Rs 99.63 cr for the period ended March 31, 2020, based on assessment of recoverability of advances

Reserve Bank tries to reduce NPA burden for lenders in coronavirus crisis

From being classified as NPAs after 90 days of overdue, the central bank raised the period to 180 days

Covid-19 impact: Banks want NPA forbearance for next two quarters or more

An account becomes NPA if default is beyond 90 days. With the present crisis, a huge number of accounts will fall in this category in the next two quarters

HDFC Bank: Steepest single-day fall, gains wiped off; caution warranted

On Wednesday, the private lender's stock saw its steepest single-day fall of 9.9 per cent in nearly 12 years; it is down 33 per cent since all-time high

Letter to BS: Bankers are reluctant to lend over NPA, profitability concern

The reluctance of bankers to be over-enthusiastic in granting loans should be seen through the prism of the changed banking scenario

SBI Cards aims to keep non-performing assets at 2.4-2.5%: CEO Prasad

Gross non-performing assets stood at 2.47% at the end of last year, down from around 2.9% in March 2018

LIC's gross NPA ratio in debt portfolio rises to 7.5% in December

The gross NPA ratio of LIC in the debt portfolio at the end of September 2019 stood at 6.10%

Letter to BS: Economic slowdown hits debt-servicing capacity of borrowers

Since income generation from economic activities and jobs is crucial to the recovery of bad loans, focusing simply on the effectiveness of the recovery tools will hardly make a difference.

IDBI Bank Q3 net loss widens to Rs 5,763 cr, NPAs at 29%

IDBI Bank had posted a net loss of Rs 4,185.48 crore during the corresponding October-December period of the previous fiscal year.

Govt's NPA gameplan: Rs 4 trn recovered via IBC proceedings, says Thakur

Addressing the 70th annual function of the Institute of ICAI, the junior finance minister said when Modi assumed office in 2014 in his first term, NPA stood Rs 52 trillion.

Corporation Bank Q3 net jumps 7-fold to Rs 421cr, gross NPA at Rs 19,557 cr

Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore. On a standalone basis, the net profit increased to Rs 420.68 crore in 3rd quarter ended December 31, 2019 from Rs 60.53 crore a year ago.

RBI mulls one-time rollover loan recast of select real estate firms

Real estate industry associations - CREDAI and NAREDCO have been seeking this one-time rollover

RBI revises PCA regime for urban co-operative banks facing financial stress

Regulator may place restriction on declaration or payment of dividend/donation without prior approval of RBI

Banks' gross NPA ratios may rise from 9.3% to 9.9% by Sept 2020: RBI

The foreign banks' gross bad loans may increase to 3.1 per cent from 2.9 per cent in September 2019

Bad loans taken over by ARCs rose 17.4% in 12 months ended June 2019

The amount they bought of such NPAs in the 12-month period was less, at Rs 57,506 cr, from the Rs 67,830 cr they acquired in the previous such one-year period

Gross NPA ratio improves to 9.1% at Sept end from 11.2% y-o-y: RBI

Net non-performing assets (NPAs) of all commercial banks reduced to 3.7 per cent in FY19 as against 6 per cent in FY18.

Most banks will improve stressed assets by March, says SBI chairman

On transmission of monetary policy, he said the banks cannot lower rates beyond a threshold due to asset liability mismatch issues.

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