Page 2 - Npas
Education loan redesign may overcome banks' reluctance to disburse more
Of the Rs 35 trillion of retaill loans deployed by banks, just Rs 84,375 crore or 2.4 per cent went towards education loans
 "Education loan redesign may overcome banks' reluctance to disburse more")
YES Bank to sell all its NPAs to JC Flowers ARC by December: Report
YES Bank's gross NPAs stood at 13.4 per cent at the end of June. The gross figures stood at Rs 27,747 crore. In June 2021, the NPAs stood at 15.6 per cent
 "YES Bank to sell all its NPAs to JC Flowers ARC by December: Report")
One in every six MSME loans under ECLG scheme turned into NPAs: Report
The National Credit Guarantee Trustee Company Ltd (NCGTC) declared that 1.6 million accounts or 16.4 per cent of the total 9.8 million loans disbursed have been converted to NPAs
 "One in every six MSME loans under ECLG scheme turned into NPAs: Report")
Maharashtra state bank employees union protests govt loan melas
The federation's secretary, said in a statement the Congress government before "distributed hundreds of crores" by organising loan melas and now the present government is on the same lines
 "Maharashtra state bank employees union protests govt loan melas")
PSBs recover Rs 6.42 trn NPAs, written off loans since from FY15 to FY22
From FY16 to FY21, the central government has infused Rs 3.36 trillion of capital in PSBs, while banks have raised an additional Rs 2.99 trillion from the markets
 "PSBs recover Rs 6.42 trn NPAs, written off loans since from FY15 to FY22")
Stressed accounts of Rs 2,500 cr identified for bad bank: Indian Bank
The bank's managing director and chief executive officer Shanti Lal Jain has said that out of the total eight accounts that were identified in the first phase, three were already resolved
 "Stressed accounts of Rs 2,500 cr identified for bad bank: Indian Bank")
Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr
Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close
 "Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr")
Asset quality worries weigh on Bandhan Bank's stock as NPAs spike
Analysts have 'neutral' to 'buy' recommendation on the share with target price ranging between Rs 320 and Rs 440, it closed at Rs 273 on Monday
 "Asset quality worries weigh on Bandhan Bank's stock as NPAs spike")
No plan to pass interest rate hike to MFI customers: Suryoday SFB's Babu
R Baskar Babu, managing director & chief executive officer of Suryoday Small Finance Bank, tells Manojit Saha in an interview that the regulator wants these lenders to rebalance the portfolio
 "No plan to pass interest rate hike to MFI customers: Suryoday SFB's Babu")
Best year for Indian banks, but there are new challenges
As we celebrate the banks' performance in FY22, let's not throw caution to the wind
Customer trusts the physical bank branch, says Bandhan Bank MD & CEO
'When we started the bank seven years back, 98 per cent of the loan book was micro and group loans; now it is 47 per cent'
 "Customer trusts the physical bank branch, says Bandhan Bank MD & CEO")
PNB to bring down NPAs, ensure high loan recoveries: Atul Kumar Goel
The lender declared its January-March earnings Wednesday, and posted a drop in its gross NPAs to 11.78 per cent from 14.12 per cent reported a year ago
 "PNB to bring down NPAs, ensure high loan recoveries: Atul Kumar Goel")
Moody's maintains 'stable' outlook for Indian banks on recovering economy
It said that the global economic fallout from the Russia-Ukraine military conflict will create some risks
 "Moody's maintains 'stable' outlook for Indian banks on recovering economy")
Bad loans to decline to 5.6-5.7% level by March 2023, says ICRA
The credit and other provisions are estimated to dip to 1.3-1.4 per cent of advances in FY23 as against an estimated 1.7-1.8 per cent in FY22
 "Bad loans to decline to 5.6-5.7% level by March 2023, says ICRA")
India's SBI exploring new ways to resolve retail loan stress
SBI, which is India's largest lender by assets, had gross non-performing assets of 1,200 billion rupees at the end of December, representing 4.5% of its loan book
 "India's SBI exploring new ways to resolve retail loan stress")
'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
 "'5,200 cos with credit exposure of over Rs 5 cr declared as NPAs till Dec'")
The coast is still not clear: Is the worst over for Indian banks?
Banks are better placed now than any time in the past three years, but they are not yet over the hump
 "The coast is still not clear: Is the worst over for Indian banks?")
Strong recovery seen as bounce rates ease further in Feb; lowest in 32 mths
According to NACH data, the metric improved by 100 bps by value over Jan, to 22.4%. By volume, it stood at 29.2%, an improvement of 40 bps over Jan
 "Strong recovery seen as bounce rates ease further in Feb; lowest in 32 mths")
HFCs' bad loans jump by 70 bps following new asset quality norms: Report
RBI had on November 12, 2021, introduced tighter asset quality reporting norms for all lenders, which brought in housing financiers and NBFCs on par with commercial banks
 "HFCs' bad loans jump by 70 bps following new asset quality norms: Report")
ABG Shipyard fraud: Banks' detection faster than usual, says FM Sitharaman
The alleged Rs 22,842 crore ABG Shipyard fraud is the largest fraud detected in the Indian banking system yet.
 "ABG Shipyard fraud: Banks' detection faster than usual, says FM Sitharaman")
