The gross non-performing assets (NPAs) of banks fell sharply in the first quarter of FY26, reflecting an improvement in overall asset quality, according to a report by Care Edge Ratings.
Trinamool Congress MP Derek O'Brien on Saturday cited Parliament data to highlight that West Bengal has recorded the second-lowest percentage of Non-Performing Assets (NPAs) in loans given to Women Self Help Groups (SHGs) among major states.
Noida (Uttar Pradesh) [India], August 8: Continuing on its growth momentum during Q1 FY'26, Axis Max Life Insurance Limited ("Axis Max Life"/ "Company"), formerly known as Max Life Insurance Company Limited, new business growth (Individual Adjusted First Year Premium) grew by 23% to ₹1
Mumbai (Maharashtra) [India], August 6: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has announced the official launch of its employee-centric mobile application,
New Delhi [India], July 31: India's Most Rapidly Advancing Ayurvedic Nutraceutical Powerhouse Rajasthan Aushdhalaya Pvt. Ltd. (RAPL Group), a pioneer in the Ayurvedic nutraceutical sector, has achieved a significant milestone by surpassing a net worth of ₹2000 crore. This achievement i
India's real estate sector is witnessing a significant rise in credit rating, booming IPO activity, and healthier balance sheets in the post-pandemic era, according to a report by Colliers India.
Mumbai (Maharashtra) [India], June 25: In a remarkable gathering of distinguished guests, industry veterans, and professionals from the banking and finance sector, NPA Consultants Pvt. Ltd. proudly hosted the official book launch of "NPA Nightmare: Struggle for Survival and Revival" autho
The stress in short-term unsecured loans and microfinance segments could push credit costs of the banks upward in the financial year 2026, according to a report by CareEdge Ratings.
Non-performing assets (NPAs) in India's banking system are likely to increase slightly in the first half of FY26, mainly due to rising stress in the retail loan segment, particularly unsecured personal and microfinance loans, according to a report by CareEdge Ratings.
New Delhi [India], June 5: NPAs have been impacting the growth and profitability of India's banking sector. With more than 80% of SARFAESI cases disputed by borrowers and recovery timelines running into several years, financial institutions have been stuck in an inefficient loop that technol
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yu