Page 15 - Npas

Two ways to evaluate a firm

Use Altman's Z-score and Montier's C-score as basic hygiene before buying any company

Don't fall for under-construction stock, ready-to-move homes a better bet

With banks saddled with NPAs, NBFCs had stepped into the breach

Letter to BS: MSME loans, especially NPAs in Mudra, is a cause for concern

The overall slowdown in the economy plus lending to the now problematic real estate sector will impact the asset quality of the non-banking institutions

United Bank of India reports Rs 105 cr profit in Q1 as NPAs decline

The Kolkata-headquartered lender had registered a net loss of Rs 388.68 crore during the April-June quarter of the previous fiscal year

ICICI Bank swings into black in first quarter on higher retail loan growth

ICICI, like its peers, also said India's ongoing economic slowdown weighed on its performance in the quarter

How regulators, agencies are hurting India's war on $190-billion bad loans

Here are some instances of government agencies' tussles with the process

NPAs under Modi's Mudra scheme doubled to Rs 9,204 cr in just 1 year: RTI

The RTI filed by The Wire reveals that as of March 31, 2019, the total value of NPAs from loans issued under the MUDRA stood at Rs 16,481.45 crore

Banks yet to tag Rs 3.5-trn stressed corporate loans as NPAs, says report

Of the Rs 13.5-14 trillion stressed corporate loans, banks have recognised only Rs 10 trillion as of Sept 2018

Gross NPAs of banks increase to 11.2% at Rs 10.39 trn in FY18: RBI report

System-wide gross non-performing assets of banks rose to 11.2 percent or at Rs 10.39 trillion in FY18 from 9.3 percent a year ago, and the share of public sector banks stood at Rs 8.95 trillion, or at 14.6 percent, according to the Reserve Bank data released Friday. In FY17, system-wide gross NPAs stood at 9.3 percent and that of state-run lenders stood at 11.7 per cent. "During FY18, the GNPA ratio reached 14.6 percent for state-run banks due to restructured advances slipping into NPAs and better NPA recognition," RBI said in its report on 'Trends & Progress of Banking in 2017-18'. In terms of the net NPA ratio, state-run banks saw significant deterioration at 8 percent in FY18 from 6.9 percent year-ago. Private sector peers banks' GNPA ratio stood at a much lower level of 4.7 percent as against 4.1 percent in FY17. "Resolute efforts on the part of private sector banks to clean up their balance sheets through higher write-offs and better recoveries also contributed .

Banks' credit costs to stay at 2-3% till FY20, says India Ratings

The rating agency has kept a stable outlook for private banks and two PSBs - SBI and Bank of Baroda. The outlook for the rest of the PSBs remains negative

Indian banks vulnerable to profit decline amid rising bad loans: IMF

Gross NPAs of PSBs have surged from Rs 2.67 lakh cr of advances in 2014-15 to Rs 4.76 lakh cr in 2015-16

Debt resolution process: Rising litigation mars success of IBC

Ruchi Soya Industries where Adani Wilmar has emerged as the H1 bidder is also close to resolution

Not so 'Sashakt'

New scheme for NPA resolution detracts from the IBC

Hope to double the recovery from NPA resolutions in FY19, says IFCI

The state-owned term lender has also lined up some of its non-core fixed assets including a commercial real estate for sale in 2018-19 provided they fetch good value

Bad Bank: Solution or more problems?

Simplifying the existing process and removing inconsistencies in implementation would be better

Mantra for low NPAs? Only risk management people should meet promoters

The head of a leading bank has minimal interaction with promoters

PSBs write off Rs 5.16-bn NPAs of 38 wilful defaulters in H1FY18

State Bank of India accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters as of March 2017

Accretion of fresh NPAs has virtually stopped, says Bibek Debroy

Replying to a query on direct taxes, Debroy said that it was perfectly possible to scrap income tax and other direct taxes

Fixing stressed assets needs more than just bank recapitalisation

If the investment cycle is to be revived, a well-capitalised banking system is essential. But it should be supplemented by alternate sources of credit, such as a vibrant corporate bond market

Priority sector challenge for banks: Agri and education loans in stress

Meeting priority sector target could be challenging for banks this year, as at least two sectors-agriculture and education-are showing signs of stress.Both education and agriculture lending are components of priority sector lending. Notably, banks are increasing restructuring both the categories of loans. According to data from Reserve Bank of India, released on 10th October, 2017, education loans showed a year-on-year decline of 3.5 per cent in loans outstanding. As on 18th August 2017, education loan outstanding stood at Rs 59300 crore, against Rs 61500 crore as on 19th August 2016. In case of agriculture loans the growth too has been muted, although banks are compelled to give agri-loans under priority sector lending. Loans to agriculture and allied activities showed a growth of 6.5 per cent as on 18th August 2017 of a year on year basis, against around 13 per cent last year. Also, in the financial year between March and August, loans agriculture and allied activities fell by 1.6 .