Search For "npas"
Syndicate Bank Q3 profit up at Rs 435 crore as bad loans decline
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 11 (ANI): Government-owned Syndicate Bank said on Tuesday its net profit in the October to December quarter (Q3 FY20) increased four-fold to Rs 435 crore from Rs 108 crore in the corresponding period of the previous year on declining bad loans.
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PNB reports Q3 net loss of Rs 492 crore as provisions mount
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492 crore for the October to December quarter compared with a profit of Rs 246 crore in the same period of last financial year.
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Bajaj Finance posts highest-ever quarterly profit of Rs 1,614 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 29 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Wednesday reported 52 per cent jump in its consolidated profit after tax of Rs 1,614 crore in the quarter ended December 2019 (Q3 FY20).
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Canara Bank posts 3.8 pc growth in Q3 net profit at Rs 330 crore
Updated : 6 years, 1 month ago IST
Bengaluru (Karnataka) [India], Jan 23 (ANI): Government-owned Canara Bank said on Thursday its standalone net profit rose by 3.81 per cent to Rs 330 crore in the third quarter ending December (Q3 FY20) as net non-performing assets (NPAs) came down from 10.25 per cent to 8.36 per cent.
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Axis Bank Q3 net profit up 5 pc to Rs 1,757 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): Private sector lender Axis Bank said on Wednesday its net profit rose by 5 per cent year-on-year in the third quarter of current fiscal year to Rs 1,757 crore on the back of higher net interest income.
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Maharashtra loan waiver to cost at Rs 45,000 crore to 51,000 crore: SBI
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
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Yes Bank sees rating downgrade on multiple bonds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 26 (ANI): Brickwork Ratings has downgraded the rating of Yes Bank's various long-term bond issues worth Rs 1,330 crore as India's fourth largest private sector lender grapples with the overhang of stressed assets.
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Stressed MSMEs will not be declared as NPAs, says FM Nirmala Sitharaman
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 20 (ANI): Finance Minister Nirmala Sitharaman on Friday said that micro, small and medium enterprises (MSMEs) can approach any public sector bank to sort out their finances.
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SBI reports bad loan divergence of Rs 11,932 crore for FY19
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
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Indiabulls Housing Finance Q2 profit dips 32 pc to Rs 702 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Indiabulls Housing Finance's consolidated net profit dipped by 32 per cent to Rs 702 crore in the July to September quarter from Rs 1,035 crore in the corresponding quarter of previous financial year.
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Yes Bank reports Q2 loss at Rs 600 crore on tax hit while asset quality wo
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
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Banks not to declare stressed MSMEs as NPAs as till March 31 next year: Si
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday said banks have been told that no stressed-asset MSME should be declared a non-performing asset (NPA) till March 31 next year.
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