Page 13 - Non Performing Assets

Private banks stare at washed-out Q1; moratorium, Covid-19 provisions eyed

Extension of moratorium, ICICI Securities points out, till August would push recognition of pain points, thereby leading to benign slippages and stable headline non-performing asset (NPA) numbers

NPAs may move up by 5% due to moratorium: CARE Ratings' Ajay Mahajan

Ajay Mahajan, managing director and chief executive officer, spoke to Raghu Mohan on how he views the business and the regulatory topography ahead

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in 6 months

Rajan cautioned that one should not mistake pent up consumption for normal consumption.

Karnataka Bank reports highest-ever quarterly net profit of Rs 196 cr in Q1

The bank had posted a net profit of Rs 175.42 crore during the corresponding period of the previous financial year, which also was its previous high in quarterly profit, it said in a release.

NPAs are everybody's problem

Vivek Kaul's Bad Money: Inside the NPA Mess and How it Threatens the Indian Banking System provides the answer and I am wiser years after having taken the loan

Letter to BS: Bad bank a good idea but IBA might not be the right sponsor

The bank may ideally be floated by the government with it holding a 26% stake and the rest with some large banks

Centre may tell IBA to set up 'bad bank' with financial support from banks

The IBA had proposed a national-level asset reconstruction company (ARC) owned by the government with its capital infusion worth Rs 10,000 crore

Inevitability of defaults: Promoters gripe over loans being sold to ARCs

'Once the moratorium is lifted, we expect several companies to default. The bank will have no other option but to either restructure the loan or sell it to ARCs,' says a banker

Covid-19 pandemic may set back banks' recovery by years, says S&P

It also expects non-performing assets (NPAs) to hit a fresh high this year.

Loan recasts may push NPAs up to 14% in FY21 due to Covid-19: S&P

"The Covid-19 pandemic may set back the recovery of India's banking sector by years, which could hit credit flows and, ultimately, the economy," the agency said

S&P rating action won't impact Axis Bank, Bajaj Finance much: Experts

Experts say comfortable capital levels, strong market position positive for both

RBI's one-time restructuring scheme may be limited to Covid-hit sectors

Firms from the aviation, hospitality, and retail sectors are expected to be allowed to avail of the new scheme

Weak assets of Indian banks may shoot up to 14% by March 2021: S&P

The tough operating conditions could lead to a rise in non-performing loans (NPLs) and credit costs. It may also result in delay in recoveries for the banking system

Gross NPAs of HFCs are estimated to increase to 2.5-3% in FY21: Icra

The situation in the non-housing segment is expected to be worse

RBI's moratorium helps public sector banks post lower NPAs in Q4

On aggregate basis, gross NPAs of 8 PSBs improve by 132 bps

Moratorium hides asset health of PSBs, helps banks post lower NPAs

On aggregate basis, gross NPA ratio of 8 PSBs declined by 132 bps

One-time loan recast for India Inc may come up at Friday's RBI board meet

The virtual meeting of the central board will be its first since the outbreak of Covid-19

Bank of Baroda posts Rs 507 cr profit in Q4 on lower bad loans provision

The bank had posted a net profit of Rs 991.37 crore in the January-March quarter of the preceding fiscal ended March 2019

Covid-19 impact: RBI asks banks to carry out detailed stress testing

Capital-raising, precautionary provisioning may be on cards

LIC Housing Finance likely to recover Rs 3,000 crore worth NPAs

The target is to get back about 50 per cent of gross non-performing assets (GNPAs), Managing Director and Chief Executive Siddhartha Mohanty said.