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Bank NPA

Gross NPAs of banks may decline to 6.9% by March 2022: Report

Gross NPAs of banks may decline to 6.9% by March 2022: Report

Wed, Oct 20, 2021

GNPAs and NNPAs stood at 8.6 per cent and three per cent, respectively, as on March 31, 2020.  

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22 NPAs worth Rs 89k crores identified to transfer to bad bank in first phase, confirms Indian Banks’ Association Chairman Rajkiran Rai G

22 NPAs worth Rs 89k crores identified to transfer to bad bank in first phase, confirms Indian Banks’ Association Chairman Rajkiran Rai G

Tue, Jun 08, 2021

As many as 22 bad loans worth Rs 89,000 crore have been identified by the banks to be transferred to the National Asset Reconstruction Company Ltd (NARCL) also called a bad bank in the initial phase, confirmed Indian Banks’ Association Chairman Rajkiran Rai G.

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Banks can never be free of NPAs; it is a part of the business: Padmaja Chunduru, Indian Bank

Banks can never be free of NPAs; it is a part of the business: Padmaja Chunduru, Indian Bank

Thu, Dec 12, 2019

"Indian Bank's corporate lending has grown by 12% and we expect that it will improve in the fourth quarter", says Padmaja Chunduru, Managing Director and CEO, Indian Bank.

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RBI crackdown on NPA: What is Reserve Bank's 'Prudential Framework' plan to deal with stressed assets

RBI crackdown on NPA: What is Reserve Bank's 'Prudential Framework' plan to deal with stressed assets

Mon, Jun 10, 2019

RBI placed a new guidelines prudential framework for resolution of stressed assets by banks in the wake of the judgment of the Supreme Court of India.

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Allahabad Bank Q3 net loss narrows to Rs 733 cr

Allahabad Bank Q3 net loss narrows to Rs 733 cr

Wed, Feb 06, 2019

On the asset front, the bank witnessed rise in its gross non-performing assets (NPAs) at 17.81 per cent of the gross advances as at December-end 2018, as against 14.38 per cent by December 2017.

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PNB Q3 net rises 7.12% to Rs 246.51 crore

PNB Q3 net rises 7.12% to Rs 246.51 crore

Tue, Feb 05, 2019

The bank's total income, fell by 2.64 per cent to Rs 14,854.24 crore for the quarter under review from Rs 15,257.5 crore in the year-ago quarter.

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Bad news for Modi government? Deloitte says Indian bank frauds up, will continue rising

Bad news for Modi government? Deloitte says Indian bank frauds up, will continue rising

Mon, Nov 26, 2018

According to the report, the root cause responsible for increase in bank fraud incidents "appears to not having been adequately addressed". 

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State-run banks need Rs 1.2 tn in urgent capital: Crisil

State-run banks need Rs 1.2 tn in urgent capital: Crisil

Wed, Nov 07, 2018

State-run lenders require an urgent Rs 1.2 trillion in capital in the next five months and government will have to take a bulk of the tab due to the weak market valuations of these NPA-saddled banks, says report.

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NPA crisis in banking sector an opportunity for bond mkt development: Sebi

NPA crisis in banking sector an opportunity for bond mkt development: Sebi

Thu, Oct 25, 2018

He also said rating agencies have an important role as gatekeepers in maintaining trust of investors in bond market and Sebi would consider further necessary changes in norms for them in consultation with stakeholders, after a number of steps taken to rationalise their governing structure and for close monitoring of ratings.

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