Tuesday, January 25, 2022

NPA

CBI registers case against two Hyderabad-based hotels, promoters

The hotels availed credit facility from banks for business purpose but diverted the same for their personal use

Check crime against women and children: Union Minister to IPS probationers

Speaking at the Dikshant Parade of the 72nd batch of the NPA, Rai also called for active work towards community policing initiatives for better engagement with the people.

Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21

For the full year 2020-21, BoM's standalone net profit jumped nearly 42 per cent to Rs 550.25 crore. I

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.

Bank of Baroda to sell 46 NPA accounts to recover Rs 597 cr

The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks / NBFCs or other financial institutions (FIs) on 100 per cent cash basis.

CBI books Hyderabad-based agro company for bank fraud

The case was booked against the company managing partners - Ramjee Adalla and Peddapati Padmavathi, and another person Santosh Yadav

Industry body FTCCI seeks support for MSMEs

Moratorium should be extended up to March 2022 on all EMIs of term loans as well as interest on cash credit accounts.

How good will be Bad BankĀ 

The soaring NPAs, despite several interventions like Dispute Resolution Tribunals, Asset Reconstruction Companies and Insolvency and Bankruptcy Code, now get another pill

SBI Q4 profit jumps 80 per cent to Rs 6,451 crore

During the quarter under review, net interest income rose 19 per cent to Rs 27,067 crore, from Rs 22,767 crore in the same period a year ago.

TSCAB tops country in use of IT and HR practices, says MD

TSCAB has set a business target of Rs 15,000 cr for 2021-22 FY and had so far done business of Rs 11,300 cr, informed MD, Dr N Muralidhar

Bank of India Q3 net profit jumps over five-fold

The bank had registered a net profit of Rs 105.52 crore in the year-ago period.

ICICI Bank’s Q3 net profit increases 17 per cent to Rs 5,498 crore

On a standalone basis, the country's second largest private sector lender by assets showed a 19.12 per cent rise in the post-tax profit at Rs 4,939.59 crore for the reporting quarter

Asset quality stress touches ‘peak’, GNPAs may rise after SC order: Yes Bank

The bank had said that a total of over Rs 18,551 crore of its Rs 1.69 lakh crore of advances were in some stress as of December 31, 2020.

Solving the bad loan problem

Creation of actuarial credit risk reserve instead of a bad bank is a more feasible option

Hyderabad: CBI books eight, including former AGM, for bank fraud

It was alleged that, the fraud caused loss of Rs 1,229.58 lakh to the bank

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