Page 14 - Npas

Finance ministry counters RBI, says stress in banking sector declining

According to the FSR, the regulator conducted macro stress tests for credit risks to assess the banking system's resilience to macroeconomic shocks under baseline conditions

Slowdown, credit squeeze to increase NPA, but banks more resilient now: RBI

Says geopolitical uncertainties an overhang; CAD to remain under control

NBFCs' gross NPA ratio rises from 6.1% to 6.3% in Sept: RBI report

Non-bank lenders witnessed stress in their asset quality in the first half of the current fiscal, with gross NPA ratio increasing to 6.3 per cent in September 2019 from 6.1 per cent in March, according to an RBI report. However, the net NPA ratio of non-banking financial companies (NBFCs) remained steady at 3.4 per cent between end-March 2019 and end-September 2019, RBI's Financial Stability Report showed. As at end-September 2019, the capital to risk assets ratio (CRAR) of the NBFC sector stood at 19.5 per cent, lower than 20 per cent as at end-March 2019. The report said while the importance of NBFCs in credit intermediation is growing, the IL&FS episode brought the focus on the asset liability mismatches of non-bank lenders, which poses risks to the sector as well as the financial system as a whole. To address this, the RBI introduced the liquidity coverage ratio (LCR) requirement for all deposit-taking and non-deposit taking NBFCs with an asset size of Rs 5,000 crore and ...

UCBs need to address weak governance, slow tech adoption, says RBI report

The sector faces increasing competition from not only scheduled commercial banks (SCBs) but also from small finance banks and payments banks.

IDBI to be out of PCA framework in Q4FY20 helped by IBC, capital infusion

The PCA framework kicks in when banks breach any of the three key regulatory trigger points namely capital to risk weighted assets ratio, net non-performing assets (NPA) and return on assets (RoA).

Cashiers, peon among those penalised for bank NPAs in FY18, reveals RTI

FMs' statements in the Lok Sabha show that 41,360 public-sector bank employees have been held responsible and penalised for NPAs in last 5 financial years, including 6,049 in 2017-18

Banks need Rs 50,000 cr additional capital to support loan growth: Fitch

Fitch said the rating outlook for most Indian banks mirrors the stable outlook on India's sovereign rating

MFI sector growth falters and defaults rise with Assam protests, slowdown

Natural calamities, over-lending and liquidity issues with NBFCs add to the sector's woes

Congress slams govt for corporation tax cut, privatisation overdrive

Congress leader Anand Sharma also said that the non-performing assets' level of Indian banks had gone up to Rs 11 trillion, from Rs 3 trillion

Strategic privatisation can fund fiscal needs for 15-20 yrs: Chhaochharia

The value of a strategic privatisation could easily be two to three times these companies' typical valuation

Tamilnad Mercantile Bank net grows 141% in April-September to Rs 62.74 cr

The bank's gross non-performing assets during the first six months of the year stood at Rs 1346.65 crore, or 4.91 per cent of its gross advances

Govt not planning to help banks rescue shadow lender DHFL: Report

A consortium - led by Union Bank (UNBK.NS) and State Bank of India (SBI.NS) - was set up to restructure DHFL's (DWNH.NS) debt a month after it first defaulted in June

YES Bank posts net loss of Rs 629 cr in Sept quarter as bad loans spike

The private sector lender had posted a net profit of Rs 951.47 crore in the corresponding period of the previous fiscal

Can financial creditor sell assets of firms in liquidation? NCLAT to decide

The judgment is likely to have a big impact on the insolvency process and will decide if errant promoters have one last shot at regaining control of their company and its assets, experts said

Top banks' asset quality pains are easing, show July-September earnings

Results of SBI, ICICI Bank and Axis Bank indicate respite in formation of fresh bad loans; resolution and recoveries will be important for the trend to sustain

In NPAs race, Urban Cooperative Banks are no worse than commercial banks

Three UCBs, which reported their FY19 financials, have an average GNPA average ratio of 5.6 per cent last fiscal, down from a high (average) of 5.9 per cent in FY15

FM Nirmala Sitharaman announced loan 'mela' despite banks' reluctance

PSB executives were not too sure if they would be able to not classify all the stressed loans of micro, small, and medium enterprises (MSMEs) as non-performing assets (NPAs) till March 2020

ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil

With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts

Merger will force branch closures, hit customer service: staff association

Branch closure would mean more customers going to fewer branches. Banking services would be impacted, as the customer population per branch will increase

63% banks report decline in NPA in infra sector in six months: Ficci-IBA

57 per cent of banks surveyed said engineering goods has seen a reduction in NPA levels