E-PaperBank Bad Loans News
HDFC Bank Q3 net profit rises 20% to ₹ 5,586 crore
Gross NPAs rose to 1.38% by the end of December against 1.33% in the previous quarterProvisions and contingencies rose to Rs 2,211.53 crore in Q3 against Rs 1,351.44 crore a year ago
2 min read20 Jan 2019Large borrowers fall in line after RBI’s one-day default norm
RBI says the total outstanding loans of borrowers, who defaulted on bank loans (under the one-day default rule), has declined more than 60% to 55,070 crore on 30 September 2018 from 1.53 trillion on 30 June
3 min read16 Jan 2019Central Bank of India CEO moves to turn around lender
Central Bank of India CEO Pallav Mohapatra is looking to create a vertical for stressed assets and contain slippages to turn a corner
2 min read15 Jan 2019Farm loan defaults rise as banks brace for big write-offs
Lenders are not only wary of giving out farm loans, but are also unable to keep a lid on delinquencies. Much of this could be attributed to concerns stemming from potential waivers by governments
2 min read2 Jan 2019Why govt is upping the ante on PSU bank recapitalisation plan
A look at what a higher PSU bank capitalisation outlay means for the NPA-ridden banking industry in India
2 min read24 Dec 2018A weak FY19 wrap-up to give way to stronger FY20 for banks
The combination of interest rate hikes and cash recoveries from legacy bad loans will boost banks' interest income and, in turn, margins
2 min read24 Dec 2018Banks get ₹3.7 trillion lending boost with RBI-Govt ceasefire
The RBI board has decided to extend the timeline for full implementation of Basel III norms for bank capital by a year
2 min read21 Nov 2018ICICI Bank shares end at record high
Stock ends up 1.58% on the BSE after a number of brokerage firms recommend a buy rating for the stock
1 min read14 Nov 2018IDBI Bank posts eighth straight quarterly loss as provisions surge
IDBI Bank reported a loss of Rs3,602.49 crore against Rs197.84 crore a year ago. Tax writeback for the quarter stood at Rs2,127.33 crore against Rs260.53 crore last year same quarter
1 min read14 Nov 2018Banks under RBI PCA show mixed results
Net interest incomes at 11 banks under RBI's prompt corrective action (PCA) has risen but asset quality has been hit
3 min read31 Oct 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared