Search For "bank asset quality"
RBI Deputy Governor M Rajeshwar Rao highlights IBC's transformative impact
Updated : 1 year, 5 months ago IST
M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI) on Sunday highlighted the transformative journey of the Insolvency and Bankruptcy Code (IBC) since 2016, emphasising its critical role in improving bank asset quality and facilitating substantial pre-admission settlements of un
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Karnataka Bank's Q1 net profit rises 7.69 per cent to Rs 114 crore
Updated : 3 years, 10 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.
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ICICI Bank's gross NPA ratio declines to 3.41 per cent
Updated : 3 years, 10 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
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Indian banks' improved performance reflects deferred recognition of asset
Updated : 4 years, 8 months ago IST
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
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Sensex, Nifty end at fresh record closing high
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 30 (ANI): The market on Monday witnessed a rally in the Midcap and Smallcap indices by more than one percent, though equity benchmarks ended at fresh record closing high.
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