Non Performing Assets

In a bid to shore up recovery, the country's second-largest public sector lender Punjab National Bank (PNB) has identified about 100 non-performing asset (NPA) accounts for sale to asset reconstruction companies (ARCs) during the current financial year. "More than 100 accounts we have identified...the book size will be somewhere around Rs 4,000-5,000 crore. That is the outstanding book (for sale to ARCs)," PNB MD and CEO Ashok Chandra told PTI in an interview. Asked about the amount the bank can realise from the sale, he said, "We expect to recover something in the range of 40-50 per cent minimum. Through that route also, we are expecting a good recovery should happen this financial year". There may be an account where 100 per cent recovery is also going to take place because you have good security now, but in some cases it could be low, he said, adding that "we are anticipating that average recovery should be 40-50 per cent minimum". Chandra also said the bank has devised the righ

Gross NPAs of public sector banks dropped from 9.11% in 2021 to 2.58% in 2025, driven by RBI and government reforms, stricter recovery laws, and improved asset resolution frameworks

The business banking portfolio grew by 29.7 per cent Y-o-Y, while domestic corporate portfolio grew by 7.5 per cent

The Supreme Court rules that tenants cannot claim Sarfaesi Act protection unless they can show tenancy began before the property was mortgaged

The digitalisation of the entire process, has the potential to reduce costs for banks and buyers, speed up recovery for banks, and provide fair access to buyers

Net interest income (NII) for the reporting quarter grew 2.69 per cent Y-o-Y to Rs 42,775 crore. Sequentially, NII grew 3.21 per cent

Total income increased to ₹7,711 crore during the quarter under review against ₹6,488 crore in the same period of the previous year

HDFC Bank on Saturday posted a 6.6 per cent increase in standalone profit at Rs 17,616 crore in the fourth quarter of 2024-25. The country's biggest private sector lender had earned a net profit of Rs 16,512 crore in the same quarter a year ago. Total income increased to Rs 89,488 crore during the quarter under review, as against Rs 89,639 crore in the same period of last year, HDFC Bank said in a regulatory filing. The bank reported interest income of Rs 77,460 crore during the January-March quarter of 2024-25, compared to Rs 71,473 crore in the same period a year ago. The board of the bank recommended a dividend of Rs 22 per equity share of Re 1 each for the year ended March 31, 2025. As regards asset quality, the bank witnessed slight deterioration, with gross Non-Performing Assets (NPAs) rising to 1.33 per cent of the gross loans by the end of March 2025, from 1.24 per cent a year ago. Similarly, net NPAs or bad loans rose to 0.43 per cent, from 0.33 per cent at the end of th

The number of microfinance (MFI) loans disbursed by lenders declined 41.7 per cent to 1.19 crore in the December quarter, according to a report by credit information company Crif High Mark. The amount disbursed to the borrowers who come from the poor and marginalized communities declined 34.9 per cent to Rs 63,440 crore as against Rs 97,400 crore in the year-ago period. Loans unpaid for 31 to 180 days jumped to 6.4 per cent of the portfolio at the end of December 2024, from the 2 per cent level in the year-ago period, the Crif report said. The overall portfolio declined by 4 per cent on-year and by 5.4 per cent on- quarter to Rs 3.91 lakh crore, the report said, attributing it to industry calibrations, including regulatory guidelines, risk realignmentand changes in underwriting and collection strategies. Crif said the ongoing shifts on the metrics may have its origins in the moves undertaken by the industry lately. "Stricter regulatory guidelines, such as caps on the number of ..

The bank's net interest income (NII) grew 7.22 per cent Y-o-Y to Rs 11,032 crore in Q3

Additional provisions for existing NPAs in unsecured book, says Federal Bank ED

Sebi had issued a show-cause notice to the company in February 2024 for allegations of non-disclosure or delayed disclosure of defaults on loans

RBL Bank reported an 86 per cent year-on-year (Y-o-Y) decline in net profit to Rs 32.6 crore for Q3FY25, mainly due to a surge in provisions

Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Gross non-performing assets (NPAs) stood at 1.46 per cent at the end of the December quarter, and net NPAs stood at 0.35 per cent

NARCL has made an offer of Rs 12,000 crore to acquire the debt of 25 lenders on a 15:85 cash-to-security receipts basis

Manushree Saggar, Sector Head - Financial Sector Ratings, ICRA said the profitability for the SFBs to remain under pressure in H2 FY2025

State-run Indian Overseas Bank on Thursday said it is selling non-performing assets of Rs 11,500 crore to asset reconstruction companies. The Chennai-headquartered lender said it is selling 46 loan accounts and invited expressions of interest from the ARCs, according to an official statement. The sale will be conducted through an e-auction under the open auction method on a portfolio basis, it said, adding that the portfolio comprises accounts financed under a consortium arrangement, with some admitted under NCLT. Prospective buyers can bid on a portfolio basis, individual accounts, or groups of accounts, it added. IOB Managing Director and Chief Executive Ajay Kumar Srivastava said when it comes to resolving stress, it wants to focus on value maximisation through recovery measures, including invoking SARFAESI actions, compromise settlements, and sales to ARCs. Eligible ARCs and other transferees can submit their EoI by January 18 to participate in the e-auction scheduled for Janu

The surety bonds market in India has the potential to generate billions of dollars in premiums over the coming years

NPAs were recorded at a modest Rs 14.7 crore at the end of FY19, at a time when the P2P lending segment was still in its nascent stage