Change in macroeconomic scenario, marginal increase in slippages might be the reasons, says RBI in its Financial Stability ReportThe report showed that the share of large borrowers in banks’ total loan portfolios and their share in GNPAs was at 51.8% and 79.3%, respectively, in September 2019
2 min read27 Dec 2019Provisions and contingencies during the quarter fell 14% to ₹5,641 crore as against ₹6,580 crore in the year-ago quarter Gross NPAs were at 29.43% in the September quarter as compared with 29.12% in the June quarter
1 min read8 Nov 2019The changes made in the disclosure norms are in line with the revised RBI requirementsAs per the circular, listed banks will have to disclose to the stock exchanges divergences in the asset classification
1 min read18 Jul 2019The highest amount of gross NPAs was for country’s largest lender State Bank of India (SBI) at Rs201,560 crore
2 min read9 Mar 2018The government says as per RBI data, combined gross bad loans of Scheduled Commercial Banks have declined marginally from 10% as on 30 June 2017 to 9.8% as on 30 September 2017
1 min read10 Feb 2018Yes Bank’s net profit for the fourth quarter stood at Rs914.12 crore as compared with Rs702.11 crore a year ago
1 min read19 Apr 2017Five ratios that indicate that banks still have a long way to go to put their house in order
3 min read16 Feb 2017Investors’ main expectation from banks is that they might deliver less bad news in future, or that’s what Temasek’s cautious re-entry appears to suggest
2 min read17 Aug 2016Wisely used, bank crises can give opportunities to shareholders to make good returns at the time of peak pessimism
4 min read14 Mar 2016The bank’s provisions for the quarter rose to Rs967 crore from Rs241 crore reported in the same period a year ago
1 min read9 Feb 2016The 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