Search For "non performing assets"
Gross NPAs of public sector banks have declined by over Rs 89,000 cr till
Updated : 6 years, 7 months ago IST
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.
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Ind-Ra downgrades IDBI Bank's rating outlook to negative
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): India Ratings and Research (Ind-Ra) has revised IDBI's long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from 'rating watch negative' to 'negative.
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HDFC Bank Q1 FY20 profit up 21 pc at Rs 5,568 crore
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], June 20 (ANI): Private lender HDFC Bank on Saturday reported a net profit of Rs 5,568 crore for the quarter ended June 30, marking an increase of 21 per cent in the year-on period.
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IndusInd Bank reports 38 pc jump in Q1 net profit at Rs 1,433 crore
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): IndusInd Bank on Friday reported net profit of Rs 1,433 crore for the quarter ended June 2019, up 38 per cent compared to Rs 1,036 crore in the corresponding period of last year.
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NPAs worth Rs 4 lakh crore recovered in past four years
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sitharaman said on Friday.
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J-K Bank reports 129 pc growth in net profit for FY 19 at Rs 465 crore
Updated : 6 years, 10 months ago IST
Srinagar (Jammu and Kashmir) [India], May 16 (ANI): J&K Bank has reported 129 per cent growth in net profit for financial year 2018-19 at Rs 465 crore as compared to Rs 202 crore in the previous fiscal.
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Syndicate Bank reports net loss of Rs 2,587 crore in FY 19
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Government-owned Syndicate Bank suffered a net loss of Rs 2,587 crore during 2018-19 on account of bad loans compared to a net loss of Rs 3,223 crore in the previous fiscal year.
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SBI reports net profit of Rs 838 crore in Q4 FY19, NPAs decline
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 10 (ANI): State Bank of India (SBI) on Friday reported standalone net profit at Rs 838 crore for the March quarter of the financial year 2018-19.
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NCLAT allows bankers to declare IL&FS as non-performing assets
Updated : 6 years, 10 months ago IST
New Delhi [India], May 2 (ANI): Delhi's National Company Law Appellate Tribunal (NCLAT) on Thursday allowed the banker to declare loan and Infrastructure Leasing and Financial Services (IL&FS) as a non-performing asset that has defaulted on the payments.
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Astounding Centre doesn't want to disclose info about loan defaulters, say
Updated : 6 years, 10 months ago IST
New Delhi (India) Apr 26 (ANI): It is astounding that there is Rs 10 lakh crore non-performing assets (NPAs) of banks, but the Central government does not want to disclose details about defaulters, said noted lawyer Prashant Bhushan here on Friday.
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Axis Bank comes out of red with Rs 1,505 crore profit in Q4
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 25 (ANI): Private lender Axis Bank on Thursday reported a net profit of Rs 1,505 crore during January to March of 2019 due to improved asset quality compared to a loss of R 2,189 crore in the corresponding period of last year.
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Plea filed in SC seeking ban on inclusion of loan waivers in election mani
Updated : 6 years, 11 months ago IST
New Delhi [India] Apr 18 (ANI): A petition has been filed in the Supreme Court seeking to stop political quarters from offering loan waivers and other monetary schemes in their election manifestos, citing that these plans involve public money and can also adversely affect the economy.
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