Search For "non performing assets"
Punjab National Bank net profit grows multifold to Rs 1,864 crore in March
Updated : 2 years, 9 months ago IST
The lender's revenues went up 31.76 per cent to Rs 28,132.23 crore for the quarter under review, against Rs 21,350.59 crore. Assets and liabilities grew 11.52 per cent to Rs 14,93,648.94 crore in the March quarter, against Rs 13,39,301.13 crore in the year-ago period.
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Karur Vysya Bank net profit jumps 58.3 pc to Rs 338 crore
Updated : 2 years, 10 months ago IST
The firm said its net interest income (NII) went up 25.7 per cent to Rs 892.6 during the March quarter, against Rs 710 crore in the corresponding quarter the previous year.
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Union Bank of India profit jumps 61 pc in fourth quarter
Updated : 2 years, 10 months ago IST
In the reviewed quarter, the bank had strong growth in terms of advances and deposits year-on-year, while a sharp decline has been seen in gross non-performing assets (NPA). Interest margins expanded further annually.
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Central Bank of India profit jumps over 84 pc to Rs 571 crore in fourth qu
Updated : 2 years, 10 months ago IST
"Operating profit has shown a growth of 16.27 per cent on a year-on-year basis to Rs 2,108 crore for the fourth quarter of FY23 (Q4FY23) as against Rs 1,813 crore for the fourth quarter in FY22 (Q4FY22)," the bank said in a statement shared with exchanges.
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Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping
Updated : 3 years, 1 month ago IST
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
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Punjab and Sind Bank posts 24 pc growth in profit to Rs 373 crore in third
Updated : 3 years, 1 month ago IST
The state-run bank said its interest income went up 12.61 per cent to Rs 2,107 crore from Rs 1,871 crore in the corresponding quarter the previous year
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ICICI Bank posts 34.5 pc growth in profit after tax to Rs 8,792 cr in Q3
Updated : 3 years, 1 month ago IST
The bank said the average current account and savings account (CASA) ratio was 44.6 per cent during the reviewed quarter
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HDFC Bank posts 20% growth in net profit during Oct-Dec
Updated : 3 years, 1 month ago IST
The Bank also said consolidated advances grew 19.2 per cent to Rs 1,563,799 crore during the third quarter of 2022-23, against Rs 1,312,142 crore as on December 31, 2021. The bank shared the statement with exchanges on Saturday.
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ED files chargesheet against 7 J-K-based bizmen, entities in 'Bank of Indi
Updated : 3 years, 4 months ago IST
The chargesheet was filed under the Prevention of Money Laundering Act (PMLA), 2002, in a case related to bank fraud wherein the total Non-Performing Assets (NPA) declared by the Bank of India was Rs 91.50 crore.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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China's economy at risk with banks witnessing rise in non-performing asset
Updated : 3 years, 7 months ago IST
Beijing [China], July 27 (ANI): Chinese bank depositors, who are protesting against their inability in getting their frozen funds back, are now boycotting the mortgages payment which in turn is increasing the non-performing assets (NPA) of the banks giving a major blow to the country's econo
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ECI's action against 2,100 parties 'cleanup of NPA's in political space'
Updated : 3 years, 9 months ago IST
New Delhi [India], May 26 (ANI): Action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of audited reports, is a cleanup exercise of the non-performing assets (NPA) in
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