Search For "npa"
SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
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Federal Bank reports Q3 operating profit at Rs 963 crore
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 20 (ANI): Private sector lender Federal Bank said on Wednesday its operating profit moved up to Rs 963 crore during the quarter ended December as against Rs 744 crore during Q3 FY20.
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CSB Bank reports PAT of Rs 53 cr in Q3
Updated : 5 years, 2 months ago IST
Thrissur (Kerala) [India], January 19 (ANI): Private sector lender CSB Bank (earlier known as Catholic Syrian Bank) on Tuesday reported a profit after tax of Rs 53 crore in the third quarter (October to December 2020) as compared to Rs 28 crore in the corresponding period of the previous fis
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 5 years, 2 months ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Karnataka Bank Q3 net rises 10 pc to Rs 135 crore
Updated : 5 years, 2 months ago IST
Mangaluru (Karnataka) [India], Jan 12 (ANI): Karnataka Bank on Tuesday posted a net profit of Rs 135 crore for the third quarter of the current financial year, marking a growth rate of 9.93 per cent as against Rs 123 crore during the corresponding quarter of the previous year.
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BoI reports divergence of Rs 63 crore in gross NPAs
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
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Petition filed in SC seeking contempt of Court proceedings against RBI Gov
Updated : 5 years, 2 months ago IST
New Delhi [India], January 4 (ANI): A petition has been filed before the Supreme Court seeking initiation of contempt of Court proceedings and punish the Reserve Bank of India (RBI) Governor, Shaktikanta Das, and officials concerned of the State Bank of India (SBI) for allegedly and wilfully
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Loan moratorium case: Petitioner seeks grace period before lifting stay on
Updated : 5 years, 3 months ago IST
New Delhi [India], December 21 (ANI): Submitting that accounts of borrowers turning into non-performing assets due to non-repayment of loans will bring "disastrous effect", one of the petitioners seeking an extension of the loan moratorium has sought to grant a grace period of 90 days before
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Gross NPAs of banks may jump to 11.5 pc by end of FY21: Care Rating
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
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MSME credit declines by 6 pc in Q1 on Covid-19 impact: Motilal Oswal
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 14 (ANI): Total credit to micro, small and medium enterprises (MSMEs) in the country declined 6 per cent year-on-year in the first quarter of current fiscal year and 3.4 per cent quarter-on-quarter, Motilal Oswal Financial Services said on Wednesday.
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RBI asks banks to ensure automation of NPA identification
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 14 (ANI): The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems and ensure automation of non-performing asset (NPA) identification.
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Commitment of IPS officers will inspire youth to join the service: Amit Sh
Updated : 5 years, 6 months ago IST
New Delhi [India], September 4 (ANI): Union Home Minister Amit Shah on Friday conveyed his best wishes to IPS probationers on their Dikshant Parade at the Sardar Vallabhbhai Patel National Police Academy (SVP NPA) and expressed confidence that their commitment will inspire youth to join the
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