Search For "asset quality"
Asset quality issue at Indian banks subsiding, bolstering appetite for gro
Updated : 1 year, 10 months ago IST
Asset quality pressures are subsiding at Indian banks, creating a favourable business environment and bolstering banks' potential and appetite for growth, said Fitch Ratings on Monday.
Read More
India Shelter Finance Corporation Limited. AUM crosses Rs 6,084 Crores in
Updated : 1 year, 10 months ago IST
Gurugram (Haryana) [India], May 9: The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the audited financial results for quarter and full year ended March 31, 2024. India Shelter now operates out of 223 branches in 15 states and have added 40 new b
Read More
Poonawalla Fincorp Q4FY24 Business Update: Strong AUM Growth of 13 per cen
Updated : 1 year, 11 months ago IST
Pune (Maharashtra) [India], April 5: Poonawalla Fincorp Limited provided the following information with respect to the quarter ended 31st March 2024:
Read More
Indian banking sector continues to improve with better asset quality, high
Updated : 1 year, 11 months ago IST
The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed.
Read More
Asset quality of banks improves to decadal high at end-September: RBI
Updated : 2 years, 2 months ago IST
The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and further to 3.2 per cent at end-September 2023.
Read More
Paytm's asset quality metrics remain steady, increase in number of lending
Updated : 2 years, 3 months ago IST
The asset quality metrics of Paytm remain steady and the pick-up in high-ticket personal loans and merchant loans, along with the increase in the number of lending partners, should support steady growth in the medium term, said analysts at Motilal Oswal Financial Services, in a research note
Read More
Congress is responsible for India's non-performing assets crisis: BJP lead
Updated : 2 years, 4 months ago IST
He posted on X, "The Congress would have us believe that the BJP government is responsible for the NPA crisis, but former RBI governor Raghuram Rajan, an ally of the Congress, was unambiguous in ponting out that many of the problematic loans originated during Congress-led UPA era. Banks were
Read More
Clix Capital eyes big turnaround, Aims for Rs 100 cr. profit in FY24
Updated : 3 years, 1 month ago IST
New Delhi [India], February 10 (ANI/NewsVoir): Clix Capital Services Pvt. Ltd. ('Clix Capital') - one of India's leading non-banking financial services companies, under new leadership has made huge strides in turning around its business this year. Challenged by COVID and the associated lockd
Read More
Budget 2023: Indian economy backed by strong fundamentals; check datapoint
Updated : 3 years, 1 month ago IST
Be it capital expenditure, the asset quality of banks, foreign exchange reserves, GST collections, fiscal consolidation path, and convergence of wholesale and retail inflation, Budget document data showed all these indicators to be on strong ground.
Read More
Karnataka Bank's Q1 net profit rises 7.69 per cent to Rs 114 crore
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Karnataka Bank on Saturday reported a net profit of Rs 114.05 crore for the first quarter of the current financial year, registering a year-on-year growth of 7.69 per cent.
Read More
ICICI Bank's gross NPA ratio declines to 3.41 per cent
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross non-performing asset (NPA) declining to 3.41 per cent as of June 30, 2022, as compared to 5.15 per cent recorded on the sam
Read More
HDFC Bank gross NPA declines to 1.17 per cent in March 2022
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 16 (ANI): The asset quality of India's largest private sector lender HDFC Bank has improved as the bank's gross non-performing assets (NPAs) declined to 1.17 per cent of gross advances as on March 31, 2022, as against 1.32 per cent as on March 31, 2021, a
Read More