Showing results for "#Non Performing Assets"
ICICI Bank Q2 net profit jumps 36 pc to Rs 10,261 cr
The total income in the second quarter of the current fiscal rose to Rs 40,697 crore from Rs 31,088 crore in the same period a year ago, ICICI Bank...
Union Bank of India profit jumps 61 pc in fourth quarter
7 May 2023 1:51 PMIn the reviewed quarter, the bank had strong growth in terms of advances and deposits year-on-year, while a sharp decline has been seen in gross...
Risk of a sharp fall in Indian banks' asset quality has receded
5 Feb 2021 10:12 AMThe Indian government's support measures for bank borrowers have softened growth in non-performing loans (NPLs), averting the risk of a sharp...
Bank of Baroda to sell 46 NPA accounts to recover Rs 597 cr
9 Jun 2021 3:00 AMState-owned Bank of Baroda will conduct an e-auction of as many as 46 NPA accounts later this month to recover dues of Rs 597.41 crore.
RBI's recent norms may spike NPAs for NBFCs, says ICRA
28 Nov 2021 3:39 PMThe Reserve Bank of India's recent notification on income recognition, asset classification, and provisioning norms for banks, non-banking financial...
Tightening of norms may increase NBFCs' headline NPAs: Ind-Ra
4 Dec 2021 6:03 AMTightening of norms may increase non-banking finance companies' (NBFCs) headline non-performing advances (NPA) by around one third, India Ratings and...
SBI invites bids to sell NPA account KSK Mahanadi Power with dues over...
5 Dec 2021 5:24 AMSBI has invited bids from asset reconstruction companies, and other financial institutions to sell an NPA account KSK Mahanadi Power Company, with...
Banks gross NPA to improve to 4% by next fiscal: CRISIL
21 Sept 2022 8:12 AMThis was on the back of benefits from the proposed sale of NPAs to the National Asset Reconstruction Company Ltd (NARCL), recovery in economy post...