Search For "npa"
J&K Bank reports net loss of Rs 1,139 crore due to bad loans
Updated : 5 years, 8 months ago IST
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
Read More
Central Bank's net loss down to Rs 1,121 crore in FY20
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): Government-owned Central Bank of India said on Monday its net loss for FY20 reduced to Rs 1,121 crore from Rs 5,641 crore in FY19.
Read More
Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 9 months ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
Read More
Bank of India suffers a loss of Rs 3,571 crore in Q4 on bad debts
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): Government-owned Bank of India on Thursday reported a net loss of Rs 3,571 crore in the quarter ended March against a profit of Rs 252 crore in Q4 FY19.
Read More
ACB raids Guru Raghavendra Co-op Bank in Bengaluru
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 19 (ANI): Anti-Corruption Bureau (ACB) on Thursday raided offices of Sri Guru Raghavendra Co-operative Bank, including the residence of present and previous chairmen in Bengaluru over allegations of irregularities in financial transactions.
Read More
Infrastructure finance major PTC India issues fresh loans of Rs 884 in Q4
Updated : 5 years, 9 months ago IST
New Delhi [India], June 15 (ANI): Infrastructure finance company PTC India Financial Services on Monday reported issuing fresh loans of Rs 884 crore and further disbursements of about Rs 511 crore during the quarter ended March (Q4 FY20).
Read More
Amrapali case: SC directs RBI to allow banks to release sanctioned loans t
Updated : 5 years, 9 months ago IST
New Delhi [India], June 10 (ANI): In a relief to Amrapali homebuyers, the Supreme Court on Wednesday directed Reserve Bank of India (RBI) to allow banks to release sanctioned loans to home buyers notwithstanding their account being non-performing assets (NPAs).
Read More
After losses for 13 quarters, IDBI Bank clocks Q4 profit of Rs 135 crore
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 30 (ANI): IDBI Bank on Saturday reported a net profit of Rs 135 crore in the quarter ended March as against a loss of Rs 4,918 crore for Q4 FY19.
Read More
ESAF Small Finance Bank posts 111 pc rise in net profit
Updated : 5 years, 10 months ago IST
Kochi (Kerala) [India], May 30 (ANI): Kerala-based ESAF Small Finance Bank has recorded 111 per cent increase in its net profit for the year ended March 31 (FY20) to Rs 190 crore from Rs 90 crore in FY19.
Read More
RBI imposes penalty of Rs 1.2 crore on Karnataka Bank for non-compliance o
Updated : 5 years, 10 months ago IST
New Delhi [India], May 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.
Read More
Bajaj Finance Q4 profit down 19 pc to Rs 948 crore on higher provisions
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Bajaj Finance on Tuesday posted a consolidated profit after tax for Q4 FY20 at Rs 948 crore, down 19 per cent from Rs 1,176 crore in the corresponding period of previous fiscal.
Read More
Nothing for poor in economic package, meant for those who have already loo
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): AAP MP Sanjay Singh on Wednesday targeted the Central goverment over Rs 20 lakh crore stimulus package, stating that there was nothing for the poor in it and it was 'meant for those who have looted crores of rupees in the name of non-performing assets (NPA)'.
Read More