Bank Of Baroda’s Stock Tanks 11 Per Cent Over Weak Q4 Results, NII Down 6.6 Per Cent
At the end of March 2025, Bank of Baroda had total deposits worth Rs 14.72 trillion, up 10.3 per cent YoY and 4.9 per cent QoQ.
May 06, 2025, 18:09 PM IST
ICICI Bank's Q4 Profit Rises 18 Per Cent To Rs 12,630 Crore, NII Grows 11 Per Cent
ICICI Bank’s total deposits grew 14 per cent YoY to Rs 16.11 lakh crore by March 31. On a quarterly basis, deposits rose 5.9 per cent.
Apr 19, 2025, 17:54 PM IST
Government Launches BAANKNET To Enhance PSU Bank E-Auctions For Asset Sales
The BAANKNET portal is specifically designed to enhance transparency and speed up the process of disposing of Non-Performing Asset (NPA) cases.
Mar 25, 2025, 11:12 AM IST
ICICI Bank's Q3 Profit Rises 15 Per Cent To Rs 11,792 Crore, NII Grows 9 Per Cent
According to the bank, the higher NPA additions during the third quarter typically come from its Kisan Credit Card portfolio, a credit scheme for farmers. The bank's provision coverage ratio for non-performing loans stood at 78.2 per cent as of December 2024.
Jan 25, 2025, 17:59 PM IST
Indian SCBs Clock Highest-Ever Net Profit At Rs 23.50 lakh Cr In FY24, Reduce NPAs
Gross NPA ratio of PSBs declined to 3.32 per cent in June-24 from 4.97 per cent in March-2015 and from a peak of 14.58 per cent March-2018.
Dec 15, 2024, 10:23 AM IST
India’s Public Sector Banks Clocks 11 Per Cent Growth At Rs 236 Lakh Crore In April-Sep FY25
The operating and net profit for H1 FY25 was Rs 1,50,023 crore (14.4 per cent YoY growth) and Rs 85,520 crore (25.6 per cent YoY growth).
Nov 12, 2024, 19:13 PM IST
Indian Bank Clocks 41 per cent Jump In Net Profit To Rs 2,403 Crore For April-June Quarter
The bank's gross advances increased by 12 per cent to Rs 5.40 lakh crore in the April-June quarter compared to Rs 4.8 lakh crore in the same quarter last year.
Jul 29, 2024, 19:05 PM IST
ICICI Bank Reports 14.6 Per Cent YoY Profit Growth In Q1FY25, NII Up 7.3 Per Cent
ICICI Bank's total period-end deposits increased by 15.1 per cent YoY, reaching Rs 14,26,150 crore.
Jul 28, 2024, 10:40 AM IST
RBI Warns ARCs Over Evergreening Distressed Assets
The RBI Deputy Governor urged ARC chiefs to adopt a regulation-plus approach where you not only comply with the letter of the regulation but also its spirit.
May 29, 2024, 16:36 PM IST
IDBI Bank Registers 44% Jump In Net Profit For Jan-March Quarter
IDBI Bank's provisions on bad debts written off came down sharply to Rs 1,049 crore from Rs 3,587 crore in the same quarter of the previous year.
May 04, 2024, 21:08 PM IST
SBI Net Profit Declines 35 Pc To Rs 9,164 Crore In Q3
During the quarter, the bank earned interest income of Rs 1,06,734 crore as against Rs 86,616 crore in the same period a year ago.
Feb 03, 2024, 15:35 PM IST
Cooperative Banks Will Soon Be Able To Do Compromise Settlements, Write-Offs On NPAs: RBI Governor
Till now, this avenue for dud asset resolutions was available only with scheduled commercial banks and select non-bank finance companies, Das said, adding that comprehensive guidelines on the same will be released soon.
Jun 08, 2023, 13:09 PM IST
'Tamasha', 'Nautanki' companies dupe IDBI, Bank of Baroda, HDFC of Rs 150 crore, check details
Great Indian Tamasha Company Pvt. Ltd. (GITCPL) is named as the corporate guarantor in the case.
Jun 22, 2022, 14:33 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
PNB reports another fraud! Bank defrauded of Rs 2,060 crore by THIS company
According to PNB, the fraud account belonged to the IL&FS Tamil Nadu Power at the Extra Large Corporate Branch in Delhi zonal office.
Mar 16, 2022, 22:32 PM IST
RBI's recent norms may spike NPAs for NBFCs, cautions ICRA
ICRA said that the RBI's recent notification on income recognition, asset classification, and provisioning norms for banks, non-banking financial institutions, and all-India financial institutions may lead to a sharp spike in the non-performing assets (NPAs) for non-banking finance companies.
Nov 28, 2021, 22:51 PM IST
Rs 73 cr fraud at PNB, Indian Bank: CBI lodges case against seven
After disbursal of the loan proceeds, the borrowers/guarantors allegedly violated the terms & conditions of the sanction and they neither procured the machineries nor deposited the installments in time and the account turned Non-Performing Assets(NPA).
Nov 25, 2021, 17:18 PM IST
Do you have an account in this bank? 50 branches affected due to merger
The bank has already surrendered two floors in Central Mumbai's upscale Indiabulls Finance Centre, which houses its corporate offices.
Oct 26, 2020, 14:35 PM IST
PNB reports fraud of Rs 3,688.58 cr in DHFL account
The DHFL came in the eye of the storm after a report suggested that the company, through layers of shell companies, allegedly siphoned off Rs 31,000 crore out of total bank loans of Rs 97,000 crore.
Jul 10, 2020, 14:00 PM IST
Banks go for stress test to assess the impact of COVID-19 on NPAs
Since the quarter as well as the financial year has ended, it is prudent to undertake the stress test to have a better view of the financial health, banking sources said.
Jun 26, 2020, 17:23 PM IST