Page 10 - Npas

Ujjivan SFB reports net loss of Rs 279 cr in Q3 on higher provisioning

The bank had posted a net profit of Rs 90 crore in the October-December quarter of 2019-20

RBL Bank Q3 net doubles to Rs 147 cr on other income, low operating costs

Affordable housing and tractor loans are the new business segments that the bank is entering

Five things the market will be watching in FM Sitharaman's third Budget

It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs

Bank of Baroda reports Q3 net profit at Rs 1,061 cr on lower provisions

On a consolidated basis, its profit after tax stood at Rs 1,196 crore during the three months ended December, the bank said in a release

SBI Cards growth nears pre-Covid level on higher spends, new card sourcing

Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average

Capitalise PSBs, create bad bank to absorb NPAs, says financial sector

Rating agency CARE Ratings said, given that bank credit growth would be higher in FY22 than in FY21, incremental credit would be Rs 10-11 trillion

Bandhan Bank sinks 11% in 2 days on disappointing December quarter results

Bandhan Bank reported a sharp deterioration in asset quality trends with pro-forma gross non-performing assets (GNPA) ratio increasing to 7.1 per cent

SBI Cards net profit down 52% to Rs 210 crore in Q3, total income dips

Impairment losses and bad debts jumped 72 per cent YoY in Q3FY21 to Rs 648 crore

L&T Finance: Retail shift slowly playing out, credit cost remains a concern

While disbursements improved in Q3, asset quality trend remains an uncomfortable patch

Nithia Capital, CarVal Investors complete purchase of two Uttam Group firms

Total consideration Rs 2,000 cr; companies were on RBI's second list of NPAs mandated for resolution under IBC

UCBs' asset quality and finances deteriorate in FY20, says RBI report

The rise in NPAs may partly be attributable to stagnant growth in loans and advances and weak balance sheets

Growth gathers steam for NBFCs in H1FY21 as balance sheets expand 12%: RBI

In view of the pandemic, and also in order to maintain adequate liquidity, NBFCs increased their cash and bank balances significantly during the year, RBI report said

A year after PMC crisis, RBI says NPAs rise in urban co-ops, losses soar

Earlier this year, the government amended the Banking Regulation Act to give the RBI complete regulatory and supervisory power over such lenders

NPAs set to see a sharp jump this year amid Covid-19 pandemic: Experts

Of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, would turn into NPAs

Curbs on PMC Bank extended by 3 months, lender gets four revival proposals

The bank had invited EoIs from eligible investors for investment/equity participation for its reconstruction

We expect an AUM growth of 5-6% in FY21, says STFC's Umesh Revankar

"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar

Covid-19 impact: As debt piles up, transporters surrender or sell trucks

IFTRT says 30,000 trucks have either been impounded or surrendered

SBI shares surge 7% after healthy September quarter numbers

Analysts believe that the earnings normalisation cycle for the state-owned lender has begun as the uncertainty brought about by the pandemic is receding significantly.

SBI's attractive asset quality needs to be viewed with a sharp lens

Proforma net NPA ratio at 2.08 per cent indicates a reversal in easing of asset quality trend

Former RBI governors warn of NPAs posing 'huge risk' to economic recovery

Domestic banks, which have the highest bad loan pile in the world, pose a huge risk to the recovery of the Covid-ravaged economy unless the government rescues them, 4 ex-RBI governors warn in a book