Sunday, January 23, 2022

Non-Performing Assets

SBI to sell two NPA accounts to recover Rs 60 cr

The e-auction for these two accounts will take place on July 7, 2021.

Punjab & Sind Bank returns to profit netting Rs 161 cr in Mar qtr

Total income during Q4 FY21 was down by 15.2 per cent to Rs 1,940.62 crore as against Rs 2,289.43 crore in Q4 FY20.

Karimnagar DCCB clocks Rs 51.12 cr profit in FY 20-21

During the preceding financial year 2019-2020, the DCCB made a profit of Rs 35 crore

NABARD firm on TSCAB’s growth: Shaji

Hyderabad: National Bank for Agriculture and Rural Development (NABARD) Deputy Managing Director KV Shaji on Monday appreciated the functioning of Cyber Security Operations Centre...

IOB seeks about Rs 1,000 cr support

IOB which has posted profit for the last three consecutive quarters, expects to continue the trend in the remaining part of the current fiscal year with focus on recovery and business pick up

Karur Vysya Bank Q2 net profit jumps 81 per cent

Total income though fell to Rs 1,666.26 crore in the July-September period of FY21 as against Rs 1,815.24 crore in the same quarter of 2019-20

Higher NPAs hinder monetary policy transmission: RBI

Presence of non-performing assets in a bank also weakens monetary policy transmission and lowers the loan growth rate, said the working paper prepared by RBI

Accounts not performing due to delay won’t be labelled NPAs: Centre

The Centre said concerns have also been expressed regarding possible downgradation of loan accounts from standard to NPAs and consequent impact on ratings

Latest News

- Advertisement -