Page 7 - Bad Loans

BoM Q2 net profit doubles, writes-off Srei's Rs 550-cr exposure

The bank's asset quality profile showed an improvement with gross NPAs declining to 5.56%

Forget Squid Game, here are some strategies to get out of debt in real life

The most-expensive-debt first approach is cost-effective, while debt snowball has been found to be the most successful

MSME stressed assets likely to touch 18% by March 2022, says CRISIL

For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021

Why Moody's improved outlook on India might require a discerning look

The ability of the second largest global ratings agency to assess an upside and downside before events make everyone wise about India has been dismal for a long time

Lenders to make Rs 5,000-crore provisions for Srei bad loans, say bankers

The banks will set aside around 15 per cent provision for secured loans. It would be higher for unsecured credit

PNB picks up 12% stake in NARCL, to cut holding by December

PNB's equity stake of 12.06 per cent will be reduced to 9 per cent by December 2021

Top headlines: Sebi eases delisting norms, NARCL eyes Rs 64,000 cr recovery

S&P sees indications of strong rebound in Indian economy after Q1. Jewellers sell Rs 100 gold online as Indians take to internet buys in Covid. More in top headlines of the day

NARCL expects to recover up to Rs 64,000 cr through resolution of bad loans

Bad bank and AMC may get 15 per cent of upside recovery in NPAs resolved in first year itself

How good is the bad bank

The key to the success of the bad loan experiment will be IDRCL's management team and the incentive structure. It could recover more than what the industry is estimating now

Gross NPAs of banks to cross Rs 10 trn by March 2022: Study

The study also highlighted that risk management practices of Indian banks

After Q1 spike, NBFC bad loans to ease in FY22 as collections improve: Icra

Rating agency says the 90-day-plus dues, which touched 6.3% this June, may drop to 5.3% by March 2022 under base scenario

GIC Housing Finance's bad loans spike to 11.4% in Q1, solvency weakens

The deterioration in the asset quality would further impact GICHF's earnings profile, and consequently, its internal capital generation

Indian banks will be able to withstand rising asset risks, says Moody's

The rating agency in a statement said that banks' improved profitability, capital and loss buffers will help them absorb anticipated loan losses and maintain credit strength

Bad loans: Prevention is better than cure

In managing the bad loan problem, IBC should be the last resort for banks

Banks use ARCs for ever-greening: Parliamentary Committee on Finance

Calls for encouraging banks to bring down their leverage, says present "grim situation" should not be used as an alibi for bank privatisation

PNB expects recovery of Rs 14,000 crore from bad loans in three quarters

Currently, the bank has about 10,641 branches across the country

HDFC's bad loans increase in June quarter, but there's a silver lining

Growth trends still strong; it is well-capitalised, provision coverage is high

MSME NPAs increase to 12.6% in March 2021 quarter, says report

An analysis showed a significant surge in credit demand post unlocks after the first and second wave of the pandemic

Canara Bank Q1 net nearly triples to Rs 1,177 cr as provisions dip

Net interest income rose by just 0.84 per cent in Q1FY22 to Rs 6,147 crore from Rs 6,096 crore a year ago

Real estate sector loans worth $18 bn under severe stress: Anarock

Property consultant Anarock, however, said in its report that at least 67 per cent or about $67 billion of the total advances to the sector is now completely stress-free.