Tag: NPA

Indian banks improved performance due to delay in stress recognition: Fitch

The challenges posed by Indian lenders have increased due to the virulent second wave, Fitch Ratings said on Wednesday. It also said the recent asset...

Govt mulling measures to bolster governance & HR practices in public sector banks

The government is considering measures to further strengthen corporate governance and human resource practices in nationalised banks through a diversified board structure, strengthening of board-level...

Public sector banks list Rs 82,500 crore NPAs for bad bank

(This story originally appeared in on Jun 03, 2021) Public sector banks have shortlisted 28 loan accounts to be transferred to the National Asset Reconstruction...

Multiple contempt petitions filed in SC against Shaktikanta Das, bank forum chief, others

A number of petitions have been filed before the Supreme Court seeking to initiate contempt of court proceedings against Reserve Bank of India (RBI) Governor,...

federal bank: It has been a good year for Federal Bank given the challenges: Shyam Srinivasan

Our underlying principles remain the same – preserve and conserve capital and preserve the portfolio quality and keep provision coverage at 65% for our largely...

bad loans: RBI may set up task force soon: Rules for ARCs likely to be reviewed

In a move to activate the struggling market for bad loans, the rules for asset reconstruction companies (ARCs), which buy sticky assets from banks, may...

Whatever banks are reporting does not present the full picture: Saswata Guha, Fitch Ratings

We are pretty mindful of the fact that a fair degree of underwriting has been done by banks over the last three to four years...

what to buy: PSU banks may outperform private peers in next few quarters

You could see a very powerful trading rally. Already one is underway, but this has got more wings and can fly even higher, says Dipan...

PSB privatisation: NPA hive-off, staff transfers being considered

The government could hive off the non-performing loans of the two public sector banks that are to be selected for privatisation and transfer some of...

Expect real NPA pain for banks to show up in July-Sept quarter

Deepak Shenoy, Founder of Capital Mind, says NBFCs have been enjoying a huge regulatory arbitrage over banks in their ability to borrow from the bond...

With fiscal support, growth will be 6.5-7.5% by FY23: CEA

NEW DELHI: A day ahead of the presentation of the Union budget, Chief Economic Advisor KV Subramanian on Saturday said the idea of a bad...

HDFC Bank Q3 results: HDFC Bank Q3 takeaways: Assets quality in good shape, loan recast demand low

MUMBAI: HDFC Bank surprised analysts and investors by registering a blistering double-digit year-on-year growth in net profit and showing improvement in asset quality for the...

RBI: NBFCs may have lower bad loan ratios than banks yet challenges remain

Kolkata: Non-banking finance companies (NBFCs) appear to be better placed in terms of asset quality when compared to banks with their aggregate bad loan ratio...

Budget 2021: Bad banks plan back on table to tackle NPAs

New Delhi: Ahead of the budget, the government is again considering the idea of bad banks amid concerns that nonperforming loans may spike as Covid-19...

IndusInd Bank: IndusInd expects restructuring book to be in control: CEO

IndusInd Bank expects its total restructured book to be in “single digits” even as it stepped up provisions to deal with any Covid related uncertainties....

Nifty: Nifty overbought, market may see sectoral rotation in the near term

The domestic equity market took a breather during the week gone by after registering a steep one-day drop in the previous week. FPIs and DIIs...

I-T department carries out search and seizure operations on real estate firm in Srinagar and Delhi

The income tax department Thursday carried out search and seizure actions at 15 residential and business premises in Srinagar and Delhi, belonging to a real...

Higher NPAs hinder monetary policy transmission: RBI paper

MUMBAI: High incidence of non-performing assets (NPAs) in banks acts as a major roadblock in transmission of monetary policy actions of the Reserve Bank, a...

Reserve Bank of India appeals to Supreme Court to allow NPA classification

MUMBAI: India‘s central bank has appealed to the country’s top court to let banks classify loans as nonperforming, saying a ban imposed to help borrowers...

View: Put depositors first. Relief to borrowers not at their cost

A government committee set up to consider the issue of interest waiver on loans that enjoyed a six-month moratorium because of Covid-19 may only provide...

loan moratorium: SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest

New Delhi: The Supreme Court will continue tomorrow hearing on two petitions seeking an extension of the moratorium period on repayment of loans and to...

Consumer electronics, coal and pharma may shine as Make in India themes: Amish Shah

75% of the companies are contemplating seriously having a China Plus One production strategy. If this really goes through as also the targeted efforts that...

View: For its own political safety, if not for India’s economy, GoI must fully open the expenditure tap

At first, New Delhi struggled to square the circle to make sense of the zeros in the economic stimulus. After unconvincing attempts, there are hints...

RBI: Banks set to seek NPA relaxation, guarantees from RBI

Mumbai: Staring at a double blow of rising delinquences and falling loan demand, banks are all set to request the Reserve Bank of India (RBI)...