Npa

Tuesday, Apr 23, 2024 | Last Update : 02:16 PM IST

Mr Chahal is looking ahead and preparing to take on the dreaded “third wave” that is expected soon. (Twitter)

Dilip Cherian | Iqbal Chahal, ‘superbabu’ of Mumbai, & his amazing story

Iqbal Singh Chahal, a 1989 batch officer of the Maharashtra cadre, established a new benchmark in crisis management during the pandemic

11 Aug 2021 1:33 AM

Kotak Mahindra Bank reports 4% decline in Q4 net profit to Rs 1,952 crore. (PTI Photo)

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

In financial year 2018-19 the proportion of gross non-performing assets (NPAs) to total loans decreased to 9.1 per cent compared to 11.2 per cent in 2017-18.

RBI sees corporate governance 'fault lines' at some lenders

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

25 Dec 2019 10:49 AM

I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, Uday Kotak said. (Photo: File)

'Kotak Mahindra Bank best suited to acquire Yes Bank'

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's Rajnish Kumar.

17 Dec 2019 1:51 PM

Minister of State for Finance Anurag Thakur said that any complaint received in respect of implementation of the PMMY, including turning down of loan applications, delay in turn-around-time (TAT) and lenders' insisting on collateral/guarantor on certain occasions, are redressed in coordination with the respective banks.

Nearly 3 per cent of Mudra loans turn into bad loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

03 Dec 2019 4:21 PM

Not through bonds, only cash, says Rangarajan on banks recapitalisation

The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.

29 Nov 2019 3:27 PM

The bank said that it intends to convene a meeting of its board of directors by the end of this month to finalise its capital raise.

Yes Bank posts lower net profit for FY19 due to NPA divergence

The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.

20 Nov 2019 10:59 AM

NABARD chairman Harsh Kumar Bhanwala said that cooperative and regional rural banks have also been asked to submitted information about deposits on every 15 days. (Photo: ANI)

NABARD seeks credit disbursal from banks on monthly basis

Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.

13 Nov 2019 12:59 PM

Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance for additional borrowing or revival of their existing home loans within the existing legal and regulatory framework and standard board approved policies of the lending institutions, said the frequently asked questions (FAQs) issued by the finance ministry in this regard. (Representational image)

Rs 25,000-cr fund not for projects with cases pending in higher courts: Govt

Homebuyers can approach banks for loan revival, advised the Governmant.

07 Nov 2019 5:52 PM

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.

Govt not planning to help banks rescue shadow lender DHFL: sources

DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.

07 Nov 2019 1:30 PM

Net NPAs or bad loans too rose to 4.35 per cent as against 0.84 per cent. Provisions for bad loans and contingencies rose to Rs 1,336.25 crore as against Rs 942.53 crore earlier.

Yes Bank posts net loss of Rs 629 cr in Sept quarter as bad loans spike

The private sector lender had posted a net profit of Rs 951.47 crore in the corresponding period of the previous fiscal.

01 Nov 2019 6:42 PM

All India Bank Officers' Confederation joint general secretary Sanjay Das said reducing the government's stake in PSBs to below 50 per cent to take the bankers out of CVC ambit is no panacea. (Photo: Representational | PTI)

Diluting govt stake below 50 per cent in PSBs no solution: Unions

Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.

01 Nov 2019 2:26 PM

Total income of the bank rose to Rs 11,985.50 crore during the second quarter, from Rs 10,800.24 crore.

Bank of India post Rs 266 crore profit in Q2

The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.

01 Nov 2019 1:48 PM

ICICI Bank witnessed an improvement in asset quality as gross non performing assets (NPAs) fell to 6.37 per cent of the gross advances by the end of September 2019, from 8.54 per cent a year ago.

ICICI Bank rises 2 per cent after Q2 results

The ICICI Bank scrip rose 1.95 per cent to Rs 478.60 -- its 52-week high -- on the BSE.

29 Oct 2019 2:04 PM

SBI sold 4.5 per cent stake in SBI Life Insurance in September as part of its effort to increase public float as per the regulation.

SBI posts six-fold rise in Q2 profit at Rs 3,375 crore

The bank's net profit was Rs 576.46 crore in the July-September period of the previous fiscal.

25 Oct 2019 4:14 PM

Loans AUM grew at 38 per cent y-o-y to Rs 27,876 crore and deposits grew 72 per cent on-year to Rs 22,149 crore.

AU Small Finance Bank reports 89 per cent jump in Q2 net profit

The bank's 79 per cent of the loan book is retail with around 95 per cent are secured.

22 Oct 2019 9:38 AM

In the six-page letter, Joy Thomas details the birth and growth of the relationship between PMC Bank and HDIL and refers to at least three occasions in which the company infused funds when the bank was struggling, including a Rs. 100 crore payment in 2004. (Photo: PTI)

Suspended PMC bank chief hid information from RBI to save itself from ‘reputational loss’

‘As loans outstanding were huge and if these were classified as NPA it would have affected the profitability,’ the letter said.

01 Oct 2019 5:49 PM

Finance Minister Nirmala Sitharaman. (Photo: File)

No stressed MSME loan to be declared NPA till March 2020: FM

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

19 Sep 2019 8:24 PM

The bank has asked the prospective bidders to expedite the process of due diligence.

PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

09 Sep 2019 10:06 AM

Union Finance Minister Nirmala Sitharaman. (Photo: File)

From 27 to 12, Finance Minister announces mega PSU bank mergers

Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.

30 Aug 2019 4:55 PM

1 of 10

Columns

Aakar Patel

npa