Search For "higher provisioning"
RBI proposal of higher provisioning for under-construction projects will h
Updated : 1 year, 10 months ago IST
The Reserve Bank of India's (RBI) proposal to set aside 5 per cent of the loan for construction projects, which is significantly higher than the 0.4% that it used to be earlier, has raised the concerns of the builders. The proposal, however, also provisioned it to be lowered to 2.5% when the
Read More
BoB reports Q1 net loss at Rs 864 crore on higher provisioning
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 10 (ANI): Bank of Baroda on Monday reported a net loss of Rs 864 during the April to June quarter on higher provisioning as compared to a net profit of Rs 710 crore in Q1 FY20.
Read More
J&K Bank reports net loss of Rs 1,139 crore due to bad loans
Updated : 5 years, 8 months ago IST
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
Read More
Syndicate Bank Q3 profit up at Rs 435 crore as bad loans decline
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 11 (ANI): Government-owned Syndicate Bank said on Tuesday its net profit in the October to December quarter (Q3 FY20) increased four-fold to Rs 435 crore from Rs 108 crore in the corresponding period of the previous year on declining bad loans.
Read More
Yes Bank Q1 profit down 91 pc to Rs 114 crore
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): Yes Bank said on Wednesday its first-quarter net profit dropped 90.97 per cent to Rs 113.76 crore during three months ending June 30 due to lower other income and higher provisioning.
Read More
PNB reports net loss of Rs 4,750 crore in Q4 due to higher provisioning fo
Updated : 6 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
Read More
PNB reports net loss of Rs 4,750 cr in Q4 due to higher provisioning for b
Updated : 6 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
Read More
ICICI Bank Q4 profit drops 5 pc due to higher provisioning for bad loans
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 6 (ANI): Private lender ICICI Bank on Monday posted a 5 per cent drop in profit at Rs 969 crore in the quarter ended March 31 due to higher expenses.
Read More
RBI advises banks to allocate higher provisioning for 12 stressed accounts
Updated : 8 years, 7 months ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) on Tuesday issued an advisory letter to banks asking them to incorporate additional provisioning on the 12 loan accounts to be referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code (IBC)
Read More