Search For "nonperforming assets"
SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.
Updated : 1 year, 5 months ago IST
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
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Large Indian banks are expected to improve their asset quality in the curr
Updated : 2 years ago IST
The cumulative nonperforming loans (NPLs) of India's three largest private and three largest public banks fell to 2.483 trillion Indian rupees in the 12 months ending March 31, marking an 11 per cent decrease from the previous year's Rs 2.791 trillion.
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J.C. Flowers completes acquisition of Nonperforming Assets from YES BANK i
Updated : 3 years, 5 months ago IST
New York [US], December 19 (ANI/PRNewswire): J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing globally in the financial services industry, announced today that the J.C. Flowers Asset Reconstruction Company (the "ARC") has com
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GDP data for first quarter 2021-22 reaffirms imminent V-shaped recovery, s
Updated : 4 years, 9 months ago IST
New Delhi [India], August 31 (ANI): GDP data for the first quarter 2021-22 reaffirms the government prediction of an imminent V-shaped recovery, said Chief Economic Advisor (CEA), Krishnamurthy Subramanian, on Tuesday.
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