Page 12 - Npas

Top banks' asset quality pains are easing, show July-September earnings

Results of SBI, ICICI Bank and Axis Bank indicate respite in formation of fresh bad loans; resolution and recoveries will be important for the trend to sustain

In NPAs race, Urban Cooperative Banks are no worse than commercial banks

Three UCBs, which reported their FY19 financials, have an average GNPA average ratio of 5.6 per cent last fiscal, down from a high (average) of 5.9 per cent in FY15

FM Nirmala Sitharaman announced loan 'mela' despite banks' reluctance

PSB executives were not too sure if they would be able to not classify all the stressed loans of micro, small, and medium enterprises (MSMEs) as non-performing assets (NPAs) till March 2020

ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil

With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts

Merger will force branch closures, hit customer service: staff association

Branch closure would mean more customers going to fewer branches. Banking services would be impacted, as the customer population per branch will increase

63% banks report decline in NPA in infra sector in six months: Ficci-IBA

57 per cent of banks surveyed said engineering goods has seen a reduction in NPA levels

Two ways to evaluate a firm

Use Altman's Z-score and Montier's C-score as basic hygiene before buying any company

Don't fall for under-construction stock, ready-to-move homes a better bet

With banks saddled with NPAs, NBFCs had stepped into the breach

Letter to BS: MSME loans, especially NPAs in Mudra, is a cause for concern

The overall slowdown in the economy plus lending to the now problematic real estate sector will impact the asset quality of the non-banking institutions

United Bank of India reports Rs 105 cr profit in Q1 as NPAs decline

The Kolkata-headquartered lender had registered a net loss of Rs 388.68 crore during the April-June quarter of the previous fiscal year

ICICI Bank swings into black in first quarter on higher retail loan growth

ICICI, like its peers, also said India's ongoing economic slowdown weighed on its performance in the quarter

How regulators, agencies are hurting India's war on $190-billion bad loans

Here are some instances of government agencies' tussles with the process

NPAs under Modi's Mudra scheme doubled to Rs 9,204 cr in just 1 year: RTI

The RTI filed by The Wire reveals that as of March 31, 2019, the total value of NPAs from loans issued under the MUDRA stood at Rs 16,481.45 crore

Banks yet to tag Rs 3.5-trn stressed corporate loans as NPAs, says report

Of the Rs 13.5-14 trillion stressed corporate loans, banks have recognised only Rs 10 trillion as of Sept 2018

Gross NPAs of banks increase to 11.2% at Rs 10.39 trn in FY18: RBI report

System-wide gross non-performing assets of banks rose to 11.2 percent or at Rs 10.39 trillion in FY18 from 9.3 percent a year ago, and the share of public sector banks stood at Rs 8.95 trillion, or at 14.6 percent, according to the Reserve Bank data released Friday. In FY17, system-wide gross NPAs stood at 9.3 percent and that of state-run lenders stood at 11.7 per cent. "During FY18, the GNPA ratio reached 14.6 percent for state-run banks due to restructured advances slipping into NPAs and better NPA recognition," RBI said in its report on 'Trends & Progress of Banking in 2017-18'. In terms of the net NPA ratio, state-run banks saw significant deterioration at 8 percent in FY18 from 6.9 percent year-ago. Private sector peers banks' GNPA ratio stood at a much lower level of 4.7 percent as against 4.1 percent in FY17. "Resolute efforts on the part of private sector banks to clean up their balance sheets through higher write-offs and better recoveries also contributed .

Banks' credit costs to stay at 2-3% till FY20, says India Ratings

The rating agency has kept a stable outlook for private banks and two PSBs - SBI and Bank of Baroda. The outlook for the rest of the PSBs remains negative

Indian banks vulnerable to profit decline amid rising bad loans: IMF

Gross NPAs of PSBs have surged from Rs 2.67 lakh cr of advances in 2014-15 to Rs 4.76 lakh cr in 2015-16

Debt resolution process: Rising litigation mars success of IBC

Ruchi Soya Industries where Adani Wilmar has emerged as the H1 bidder is also close to resolution

Not so 'Sashakt'

New scheme for NPA resolution detracts from the IBC

Hope to double the recovery from NPA resolutions in FY19, says IFCI

The state-owned term lender has also lined up some of its non-core fixed assets including a commercial real estate for sale in 2018-19 provided they fetch good value