Search For "gnpa"
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.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 5 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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Banks' gross NPAs may rise to 9.5 per cent in Sept 2022: RBI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 29 (ANI): The gross non-performing asset (GNPA) ratio of scheduled commercial banks is likely to increase to 9.5 per cent in September 2022 from 6.9 per cent in September 2021 in a severe stress scenario, the Reserve Bank of India (RBI) said on Wednesday.
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SBI Q4 profit jumps 80 pc to Rs 6,451 crore on lower provisioning
Updated : 4 years, 9 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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RBI says GNPAs may shoot up to 14.8 per cent by Sept under severe stress s
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.
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BoI reports divergence of Rs 63 crore in gross NPAs
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Care downgrades Repco Home Finance's loan facilities, NCDs to AA-minus
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 19 (ANI): Care Ratings has revised the rating of Chennai-based Repco Home Finance's long-term loan facilities and non-convertible debentures worth Rs 1,620 crore to AA-minus with stable outlook from AA with negative outlook.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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Kotak Mahindra Bank Q1 profit dips 10 pc to Rs 1,244 cr
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 10 per cent fall in its standalone profit after tax at Rs 1,244 crore in the April to June quarter.
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 8 months ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
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GNPA, NPA expected to come down by March 31: SBI Chairman
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 22 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said that the gross non-performing assets (GNPA) and non-performing assets (NPA) of all the banks are expected to decline by March 31, 2020.
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