non-performing assets | Zee News

Advertisement

Newsnon-performing assets

Non-performing assets News

19 Oct 2024

HDFC Bank's Net Profit Up 5 Per Cent To Rs 16,820 Crore In Q2

HDFC Bank's net revenue grew by 9.2 per cent to Rs 41,600 crore for the quarter, up from Rs 38,090 crore for the same quarter last year.

29 Dec 2022

Gross non-performing asset ration dips to seven-year low of 5.0%: RBI report

Gross non-performing ration dips to seven-year low of 5.0%: Report. Net-non performing assets (NNPA) have dropped to ten-year low of 1.3 % in September 2022. RBI releases 26th issue of financial stability report.

non-performing assets

25 Sep 2022

High NPAs in education loan segment turn banks cautious

Cautious approach is adopted at the end of branches while sanctioning education loans due to high NPAs. In India, around 90 per cent of education loans are disbursed by the PSBs. The outstanding education loans of all banks were Rs 79,056 crore at the end of March 2020 and at Rs 78,823 crore as of March 2021.

16 Apr 2022

HDFC Bank net profit jumps 23% to Rs 10,055 crore in Q4

Total income rose to Rs 41,085.78 crore during Q4 FY22. HDFC Bank's total income was Rs 38,017.50 crore in the year-ago period. Net NPAs (or bad loans) stood at 0.32 per cent of the net advances.

15 May 2019

Indian Bank to decide on raising Rs 7,000 crore in Q2: MD

In December 2017, the bank's Board accorded approval to raise equity capital upto Rs 7,000 crore in one or more tranches in the current or subsequent financial years based on requirement through FPO, private placement, QIP/rights issue/preferential issue/institutional placement programme.

09 Jan 2019

Rs 10,253-crore agri loan by Syndicate Bank turned NPAs in last 5 fiscals: RTI

Noida-based engineer and RTI activist Amit Gupta had sought to know from the bank the amount of loans given to farmers till 2018 and how much of that had turned NPAs till last year.

non-performing assets

20 Aug 2018

Parliamentary panel calls ex-RBI gov Rajan to brief on mounting NPAs

The panel has already questioned senior finance ministry officials, including Finance Secretary Hasmukh Adhia and top brass of banks, about rising bad loans.

19 Jul 2018

Bandhan Bank Q1 net Rs 482 crore, to focus on micro-credit, retail

The Kolkata-headquartered bank reported a 47.5-percent rise in its net profit for the first quarter ended June to Rs 482 crore, as against a bottomline of Rs 327 crore a year ago.

bank account portability

07 May 2018

Bank Account Portability scheme may be put on the back burner

Bank account portability allows the customer to shift form one bank to the other without having to give up his bank account number or without having to open a new account altogether.

22 Mar 2018

CBI files Rs 1,394 cr fraud case against Hyderabad firm for duping Union Bank

The CBI team also carried out raids at several places in Hyderabad after filing the FIR against Totem Infrastructure.

Moody's Investors Service

04 Jan 2018

Higher NPA provisioning to impact banks in 2018/19: Moody's

The government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years.

04 Jan 2018

RBI puts Allahabad Bank under prompt corrective action

The central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

non-performing assets

25 Dec 2017

Take urgent remedial steps to contain NPAs: Parl panel to govt

The Committee on Petition in its reports said that it is constrained to note that even after having a 'vigilance mechanism' in vogue in the banking system, there are incidences of fraud relating to non-performing assets (NPAs).

18 Dec 2017

Gross NPAs of banks cross Rs 8.50 lakh crore in 1st half: Govt

RBI has issued directions to certain banks for referring 12 accounts, with fund and non-fund based outstanding amount greater than Rs 5,000 crore and with 60 percent or more classified as non-performing as of March 31, 2016, to initiate insolvency process under the Insolvency and Bankruptcy Code, 2016, Minister of State for Finance Shiv Pratap Shukla said.

05 Oct 2017

Stake sale in insurance arms to help banks on bad loans: Moody's

Earlier this week, state-run SBI Life Insurance (SBI Life) completed its initial public offer (IPO) issue, while the privately-run ICICI Lombard did the same last week.

14 Sep 2017

NPAs to touch 10.5% by March as banks recognise entire stress

The 9.5 percent NPA figure for March 2017 includes only two-thirds of the overall stressed assets.

Economic Survey

11 Aug 2017

Companies raise Rs 6.7 lakh crore via corporate bonds: Economic Survey

Besides, stock markets recorded a robust growth in 2016- 17, with Sensex rising by 16.9 percent and Nifty gaining 18.6 percent as compared to losses registered in 2015-16.

22 May 2017

Framework under NPA ordinance by RBI may be out within 15 days

The Reserve Bank is likely to announce within a fortnight the guidelines to operationalise NPA ordinance so as to expedite the recovery of bad loans which have crossed Rs 8 lakh crore.

Financial linkages

21 May 2017

India's economy to improve in overall conditions, cost of funds may rise: Report

Owing to growth of external financial linkages, and presence of surplus funds in domestic market, India is set to observe improvement in overall economic conditions, as per a survey.

Reserve Bank Governor

25 Apr 2017

RBI governor suggests merging public sector banks

Reserve Bank Governor Urjit Patel says that merging public sector banks and having fewer of them would be better for the sector and also help deal with problem of non-performing assets (NPA).

Loading...

NEWS ON ONE CLICK