Search For "bad loans"
Banks bad loans decline sharply 9.5% y-o-y in Q1FY26, asset quality improv
Updated : 7 months ago IST
The gross non-performing assets (NPAs) of banks fell sharply in the first quarter of FY26, reflecting an improvement in overall asset quality, according to a report by Care Edge Ratings.
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IBC helped resolve bad loans of over Rs 12 lakh crore in 9 years, but reso
Updated : 7 months, 2 weeks ago IST
According to an analysis by CRISIL Market Intelligence, the IBC has directly resolved about Rs 12 lakh crore worth of debt through nearly 1,200 cases of stressed borrowers.
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Banking sector reforms are paying its dividend to Indian Economy: Nirmala
Updated : 1 year, 5 months ago IST
Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning for bad loans, sustained capital adequacy, and a rise in profitability."
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Bad loans during UPA stifled credit needs of startups and small businesses
Updated : 1 year, 9 months ago IST
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
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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
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SICOM swings back to profit in 18 months
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 12 (ANI/PRNewswire): The State Industrial Investment Corporation of Maharashtra (SICOM) has scripted a remarkable comeback story with the key financial ratios of the company bouncing back to black along with an improvement in business while its stressed as
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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IDBI Bank shares surge on bad loan recovery, privatisation buzz
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privati
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China deploys bad-loans expert to clean up Henan's funding woes
Updated : 3 years, 8 months ago IST
Beijing [China], July 26 (ANI): Ahead of China's twice-a-decade leadership conclave, Beijing deployed a bad-loans expert to clean up Henan's festering banking and property mess.
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Depositors are panicking as China's small banks in trouble amid corruption
Updated : 3 years, 8 months ago IST
Beijing [China], July 3 (ANI): Small banks in China are running into trouble as they are accused of crimes, bad loans and excessive risk, due to the failure of Xi Jinping's zero Covid policy.
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SBI Q4 profit jumps 80 pc to Rs 6,451 crore on lower provisioning
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 21 (ANI): Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 6,451 crore for January to March quarter (Q4 FY21) due to lower provision for bad loans.
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SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
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