Search For "gross non performing assets"
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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Gross NPAs of banks may jump to 11.5 pc by end of FY21: Care Rating
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
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Care downgrades Repco Home Finance's loan facilities, NCDs to AA-minus
Updated : 5 years, 6 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, 7 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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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 8 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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Kotak Mahindra Bank Q1 profit dips 10 pc to Rs 1,244 cr
Updated : 5 years, 8 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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Bajaj Finance Q1 profit falls 19 pc to Rs 962 crore, Rahul Bajaj paves way
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 21 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Tuesday posted 19 per cent year-on-year fall in consolidated net profit at Rs 962 crore for the April to June quarter.
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 9 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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Federal Bank Q3 net profit up by 32 pc to Rs 441 crore
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 20 (ANI): Private sector lender Federal Bank said on Monday its third quarter net profit rose by 32 per cent to Rs 441 crore compared to Rs 334 crore in the year-ago period.
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GNPA, NPA expected to come down by March 31: SBI Chairman
Updated : 6 years, 3 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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BoB shares slide by 2.9 pc after reports of under-reported bad loans
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
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Yes Bank reports Q2 loss at Rs 600 crore on tax hit while asset quality wo
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
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