The state-run bank said its interest income went up 12.61 per cent to Rs 2,107 crore from Rs 1,871 crore in the corresponding quarter the previous year
The Bank also said consolidated advances grew 19.2 per cent to Rs 1,563,799 crore during the third quarter of 2022-23, against Rs 1,312,142 crore as on December 31, 2021. The bank shared the statement with exchanges on Saturday.
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
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
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.
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.
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.
Mumbai (Maharashtra) [India], Apr 30 (ANI): Crisis-hit lender Yes Bank on Friday reported a standalone net loss of Rs 3,788 crore in the March quarter as against a net loss of Rs 3,668 crore in the year-ago period.
Chennai (Tamil Nadu) [India], January 22 (ANI): Public sector Indian Bank on Friday reported a net profit of Rs 514 crore for the October to December quarter as against a net loss of Rs 1,739 crore in Q3 FY20.
Mumbai (Maharashtra) [India], January 12 (ANI): Equity benchmark indices were subdued during early hours on Tuesday due to drag in banking stocks after the Reserve Bank of India (RBI) said gross non-performing assets of the lenders may increase from 7.5 per cent in September 2020 to 14.8 per
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.
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.