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Alekh Archana

IDBI Bank’s gross NPAs as a percentage of total loans stood at 27.95% at end-March, compared with 24.72% in the previous quarter and 21.25% a year ago. Photo: Pradeep Gaur/Mint

IDBI Bank, Bank of Baroda post massive Q4 losses as provisions surge

2 min read . 25 May 2018

On Friday, Bank of Baroda shares gained 1.8% to close at Rs1,41.20 apiece on the BSE, while the benchmark Sensex gained 0.76% to close at 34,924.87 points. Photo: Mint

Bank of Baroda posts Q4 loss on higher provisions for bad loans

1 min read . 25 May 2018

SBI is likely to report a sharp jump in gross NPAs because of new additions to its restructured book. Photo: Mint

SBI Q4 Results today: 4 things you should watch out for

2 min read . 22 May 2018

The PNB ratings downgrade by Moody’s also reflects the weak internal controls and processes of the bank, given that the fraudulent transactions were undetected for a number of years. Photo: Abhijit Bhatlekar/Mint

Moody’s downgrades PNB on impact of Nirav Modi fraud

2 min read . 21 May 2018

South Indian Bank had reported divergence in reporting of gross non-performing assets for fiscal 2017. Photo: Mint

RBI imposes Rs5 crore penalty on South Indian Bank for flouting rules

1 min read . 19 May 2018

Currency dealers are attributing the fall in foreign exchange reserves to Reserve Bank of India’s dollar sales. Photo: Bloomberg

India’s forex reserves fall for the fourth week in a row

1 min read . 18 May 2018

ASF is defined as the portion of capital and liabilities expected to be reliable over a year, the RBI said. Photo: Mint

RBI issues final norms on net stable funding ratio

1 min read . 17 May 2018

DHFL will use at least 75% of the net proceeds of the public issue to repay debt.

DHFL’s Rs12,000 crore NCDs bond issue to open on 22 May

1 min read . 17 May 2018

After the auction, the 10-year benchmark bond yield eased by one basis point to 7.73% as the long-end papers were fully sold. Photo: Bloomberg

RBI bond auction disappoints for a 4th straight week

1 min read . 11 May 2018

Canara Bank raised its NPA provisions to Rs8,762.57 crore in Q4 FY18, up by nearly 200% from Rs2,924.08 crore in Q4 FY17. Photo: Pradeep Gaur/Mint

Canara Bank posts Rs4,860 crore loss in Q4 on higher NPA provisions

1 min read . 11 May 2018

JM Financial Credit Solutions Ltd plans to uses 75% of the net proceeds for onward lending and repayment of existing borrowings.

JM Financial Credit to raise funds through sale of NCDs

1 min read . 11 May 2018

The bank’s gross bad loan ratio as a percentage of total loans rose to 15.7% as at the end of March from 11.2% a year ago. Photo: Mint

Union Bank posts Q4 loss of Rs2,583 crore

1 min read . 10 May 2018

Oil prices are likely to rise and could lead to volatility in financial markets after US President pulled his country out of the Iran deal. Photo: Reuters

The implications of US’s exit from Iran nuclear deal

2 min read . 10 May 2018

US Fed chairman Jerome Powell is expected to raise interest rates in June. Photo: Bloomberg

How interest rate hikes by US Fed can affect India

2 min read . 07 May 2018

Provisions surge 129% in fourth quarter; govt nominee skips board meet. Photo: Abhijit Bhatlekar/Mint

ICICI Bank profit down 50%, board silent on Chanda Kochhar

2 min read . 07 May 2018

ICICI Bank is seen reporting a drop in its fiscal fourth quarter profitability because of higher provisioning for bad loans. Photo: Mint

Four things to look for in ICICI Bank earnings

2 min read . 07 May 2018

Since the start of 2018, the yield on the 10-year benchmark bond has gained 40 basis points to 7.73%. Photo: Hemant Mishra/Mint

RBI to buy up to Rs10,000 crore of government bonds on 17 May

1 min read . 05 May 2018

Sunil Mehta, non-executive chairman, Punjab National Bank.

There were many learnings from fraud, says PNB chairman Sunil Mehta

2 min read . 04 May 2018

Currently, authorised dealer banks and custodians provide information on investment made by their clients in listed Indian companies. Photo: Mint

Banks reporting on NRI investment to continue even after new monitoring system: RBI

1 min read . 03 May 2018

L&T Finance Holdings Ltd also reported a fall in gross NPAs ratio to 4.80% at the end of March. Photo: Mint

L&T Finance Holdings posts 28% jump in Q4 profit at Rs406 crore

1 min read . 03 May 2018