New Delhi [India], Feb 4 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492 crore for the October to December quarter compared with a profit of Rs 246 crore in the same period of last financial year.
New Delhi [India], July 25 (ANI): The gross non-performing assets (NPAs) of public sector banks (PSBs) have declined by Rs 89,189 crore from a peak of more than Rs 8.95 lakh crore in March 2018 to over Rs 8.06 lakh crore in March this year, the government told the Rajya Sabha.
Chennai (Tamil Nadu) [India], July 23 (ANI): The government-owned Indian Overseas Bank (IOB) on Tuesday reported a net loss of Rs 342 crore during the April to June quarter of current fiscal versus a loss of Rs 919 crore in Q1 of FY19.
New Delhi [India], Jan 23 (ANI): With the Indian banking sector currently under stress, gross NPAs are expected to rise from Rs. 8 lakh crore to Rs. 9.5 lakh crore by March this year, an ASSOCHAM-Crisil study noted.