Search For "non performing assets"
SBI Q3 profit jumps 41 pc to Rs 5,583 cr as asset quality improves
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
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Canara Bank posts 3.8 pc growth in Q3 net profit at Rs 330 crore
Updated : 6 years, 1 month ago IST
Bengaluru (Karnataka) [India], Jan 23 (ANI): Government-owned Canara Bank said on Thursday its standalone net profit rose by 3.81 per cent to Rs 330 crore in the third quarter ending December (Q3 FY20) as net non-performing assets (NPAs) came down from 10.25 per cent to 8.36 per cent.
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Axis Bank Q3 net profit up 5 pc to Rs 1,757 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): Private sector lender Axis Bank said on Wednesday its net profit rose by 5 per cent year-on-year in the third quarter of current fiscal year to Rs 1,757 crore on the back of higher net interest income.
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Federal Bank Q3 net profit up by 32 pc to Rs 441 crore
Updated : 6 years, 1 month 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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IndusInd bank reports 33 pc jump in Q3 net profit at Rs 1,309 crore
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): Private sector lender IndusInd Bank on Tuesday reported 33 per cent jump in its net profit for the October to December quarter (Q3 FY20) at Rs 1,309 crore as against Rs 985 crore in the corresponding quarter of the previous year.
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Maharashtra loan waiver to cost at Rs 45,000 crore to 51,000 crore: SBI
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
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Yes Bank sees rating downgrade on multiple bonds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 26 (ANI): Brickwork Ratings has downgraded the rating of Yes Bank's various long-term bond issues worth Rs 1,330 crore as India's fourth largest private sector lender grapples with the overhang of stressed assets.
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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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BoB shares slide by 2.9 pc after reports of under-reported bad loans
Updated : 6 years, 2 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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SBI reports bad loan divergence of Rs 11,932 crore for FY19
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
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NABARD seeks credit disbursal from banks on monthly basis
Updated : 2 years, 4 months ago IST
New Delhi [India], Nov 12 (ANI): To avoid situations like the PMC Bank scam, National Bank for Agriculture and Rural Development (NABARD) has directed cooperative and regional rural banks to submit information about their credit disbursal every month.
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Canara Bank Q2 profit up 22 pc at Rs 365 crore, asset quality improves mar
Updated : 6 years, 4 months ago IST
Bengaluru (Karnataka) [India], Nov 6 (ANI): Government-owned Canara Bank said on Wednesday its net profit during the July to September quarter jumped by 22 per cent year-on-year to Rs 365 crore.
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