HDFC Bank's Net Profit Up 5 Per Cent To Rs 16,820 Crore In Q2
HDFC Bank's net revenue grew by 9.2 per cent to Rs 41,600 crore for the quarter, up from Rs 38,090 crore for the same quarter last year.
Oct 19, 2024, 16:32 PM IST
Gross non-performing asset ration dips to seven-year low of 5.0%: RBI report
Reserve Bank released the 26th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system.
Dec 29, 2022, 18:07 PM IST
High NPAs in education loan segment turn banks cautious
The outstanding education loans of all banks were Rs 79,056 crore at the end of March 2020 and at Rs 78,823 crore as of March 2021.
Sep 25, 2022, 16:25 PM IST
HDFC Bank net profit jumps 23% to Rs 10,055 crore in Q4
HDFC Bank reported a 22.8 per cent jump in its standalone net profit at Rs 10,055.2 crore for the quarter ended March 2022.
Apr 16, 2022, 15:19 PM IST
Indian Bank to decide on raising Rs 7,000 crore in Q2: MD
In December 2017, the bank's Board accorded approval to raise equity capital upto Rs 7,000 crore in one or more tranches in the current or subsequent financial years based on requirement through FPO, private placement, QIP/rights issue/preferential issue/institutional placement programme.
May 15, 2019, 14:19 PM IST
Rs 10,253-crore agri loan by Syndicate Bank turned NPAs in last 5 fiscals: RTI reply
Noida-based engineer and RTI activist Amit Gupta had sought to know from the bank the amount of loans given to farmers till 2018 and how much of that had turned NPAs till last year.
Jan 09, 2019, 10:28 AM IST
Parliamentary panel calls ex-RBI gov Rajan to brief on mounting NPAs
The panel has already questioned senior finance ministry officials, including Finance Secretary Hasmukh Adhia and top brass of banks, about rising bad loans.
Aug 20, 2018, 18:30 PM IST
Bandhan Bank Q1 net Rs 482 crore, to focus on micro-credit, retail
The Kolkata-headquartered bank reported a 47.5-percent rise in its net profit for the first quarter ended June to Rs 482 crore, as against a bottomline of Rs 327 crore a year ago.
Jul 19, 2018, 15:22 PM IST
Bank Account Portability scheme may be put on the back burner; government to ask UIDAI, NPCI for solution
Bank account portability allows the customer to shift form one bank to the other without having to give up his bank account number or without having to open a new account altogether.
May 07, 2018, 15:23 PM IST
CBI files Rs 1,394 crore fraud case against Hyderabad firm for duping Union Bank of India
The CBI team also carried out raids at several places in Hyderabad after filing the FIR against Totem Infrastructure.
Mar 22, 2018, 20:10 PM IST
Higher NPA provisioning to impact banks in 2018/19: Moody's
The government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years.
Jan 04, 2018, 15:00 PM IST
RBI puts Allahabad Bank under prompt corrective action
The central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.
Jan 04, 2018, 12:34 PM IST
Take urgent remedial steps to contain NPAs: Parl panel to govt
The Committee on Petition in its reports said that it is constrained to note that even after having a 'vigilance mechanism' in vogue in the banking system, there are incidences of fraud relating to non-performing assets (NPAs).
Dec 25, 2017, 17:57 PM IST
Gross NPAs of banks cross Rs 8.50 lakh crore in 1st half: Govt
RBI has issued directions to certain banks for referring 12 accounts, with fund and non-fund based outstanding amount greater than Rs 5,000 crore and with 60 percent or more classified as non-performing as of March 31, 2016, to initiate insolvency process under the Insolvency and Bankruptcy Code, 2016, Minister of State for Finance Shiv Pratap Shukla said.
Dec 18, 2017, 18:59 PM IST
Stake sale in insurance arms to help banks on bad loans: Moody's
Earlier this week, state-run SBI Life Insurance (SBI Life) completed its initial public offer (IPO) issue, while the privately-run ICICI Lombard did the same last week.
Oct 05, 2017, 18:27 PM IST
NPAs to touch 10.5% by March as banks recognise entire stress
The 9.5 percent NPA figure for March 2017 includes only two-thirds of the overall stressed assets.
Sep 14, 2017, 15:11 PM IST
Companies raise Rs 6.7 lakh crore via corporate bonds: Economic Survey
Besides, stock markets recorded a robust growth in 2016- 17, with Sensex rising by 16.9 percent and Nifty gaining 18.6 percent as compared to losses registered in 2015-16.
Aug 11, 2017, 18:01 PM IST
Framework under NPA ordinance by RBI may be out within 15 days
The Reserve Bank is likely to announce within a fortnight the guidelines to operationalise NPA ordinance so as to expedite the recovery of bad loans which have crossed Rs 8 lakh crore.
May 22, 2017, 16:06 PM IST
India's economy to improve in overall conditions, cost of funds may rise: Report
Owing to growth of external financial linkages, and presence of surplus funds in domestic market, India is set to observe improvement in overall economic conditions, as per a survey.
May 21, 2017, 16:30 PM IST
RBI governor suggests merging public sector banks
Reserve Bank Governor Urjit Patel says that merging public sector banks and having fewer of them would be better for the sector and also help deal with problem of non-performing assets (NPA).
Apr 25, 2017, 12:03 PM IST