Page 15 - Abhijit Lele

ARCs to see uptick in cumulative recovery rates in FY25 and 26: Crisil

Debt recast in thermal power, recoveries in realty to drive performance

Bank unions' Budget wishlist: Scrap tax on profits of cooperative banks

Asks for refinancing Rs 2 trn for non-recovery of farm loans

NaBFID loan disbursements more than double in Q3; to raise Rs 20k cr in Q4

The sanctions in the reporting quarter rose sharply to Rs 35,491 crore up from Rs 11,405 crore in Q3FY24

RBI's liquidity move boosts rate cut expectations: Canara Bank MD & CEO

I personally feel that steps may start addressing concern only from April onwards. In two months, the banking industry, most of them, will be aggressive on the top line, K Satyanarayana Raju said

Bank of India targets 35% share in MCLR-linked credit in next 2-3 years

Prudent growth forecast for FY26: 12-13%

Union Bank Q3 results: Net profit up 28.24% on non-interest income boost

The bank, in a late-night statement, said its net interest income (NII) grew marginally by 0.79 per cent Y-o-Y to Rs 9,240 crore in Q3FY25, compared to Rs 9,168 crore in the same quarter of last year

Canara Bank Q3 results: Net profit up 12.25% on non-interest income boost

The non-interest income, covering fees, commissions, treasury revenues, and recoveries, rose by 35.1 per cent Y-o-Y to Rs 5,802 crore

MFI CreditAccess posts Rs 99.5 cr loss in Q3; provision burden rises

The impairment provision for financial instruments rose to Rs 751.9 crore in Q3FY25, up from Rs 126.2 crore in Q3FY24

Bank of India Q3FY25 results: Net profit rises 35% to Rs 2,517 crore

Sequentially, the Mumbai-based lender's net profit rose by 6 per cent from Rs 2,374 crore in June 2024 (Q2FY25). Its stock closed 1.5 per cent lower at Rs 98.3 per share on BSE

Banks NPAs may dip to 2.4% by March despite stress in retail loans: Fitch

Robust growth, recoveries & write-offs to offset rise in slippages

Budget 2025-26: Banks expect steps for deposit mobilisation, tax breaks

Tax incentives will help sector as loan growth slows down, say experts

Lenders to Go Air expect recovery in H1FY26, collateral assessment underway

Conducting diligence on collateral, including land

UCO Bank's Q3FY25 results: Net profit rises 27% on better margins

Plans Rs 2,000 crore QIP in the current quarter

RBI eases norms for ARCs, streamlines borrower dues settlement process

The revised norms mandated that the committee should be chaired by an independent director and have a minimum two independent directors, including the chair

Central Bank of India Q3 results: NPAT up 33.6%, signals small equity QIP

Sequentially, the bank's net profit increased by 5.04 per cent from Rs 913 crore in Q2FY25. Its stock closed 3.1 per cent higher at Rs 54.41 per share on the Bombay Stock Exchange (BSE)

Budget 2025: Banks expect incentives to boost deposit mobilisation

The Indian Banking Association has asked for certain tax rebates on the savings account in order to nudge customers to retain funds in this account

Net FDI inflow slowed to $0.5 billion in April-November: RBI data

Gross inward FDI during April-November 2024 increased to $55.6 billion from $47.2 billion a year ago, according to the Reserve Bank of India's data (January 2025 bulletin)

Microfinance sector stress cyclical, pushing up NPAs, says SBI official

The dealing with internal factors would mean entities require more discipline and emphasis on corporate governance and compliance

Flows in NRI deposits up 71% in April-November 2024, shows RBI data

Total outstanding NRI deposits stood at $162.7 billion

Bank of Maharashtra eyes QIP of Rs 2,500 cr in FY26 to support biz growth

Reduce GOI stake, support business growth