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Standalone profit rose to Rs 18,155 crore, while gross NPAs inched up to 1.4 per cent and margins narrowed
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ICICI Bank's gross non-performing assets ratio improved to 1.96 per cent as against 2.3 per cent a year ago
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Hyderabad: TRS supremo and Chief Minister K Chandrashekhar Rao challenged Prime Minister Narendra Modi to list out the electoral promises that were fulfilled in the last eight years, when the latter addresses a public meeting in Hyderabad today. “You have made many promises before the elections. Now I demand that you list out how many […]
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It is a myth to assume that valuations are precise, one can only be less wrong
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With quick loans, borrowers can improve their revenue streams to service future loans, prevent NPAs and raise deposits
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Financial stability is a public good, and so government has a vital role in maintaining price stability and welfare growth
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During the year (2020-21), the company posted record performance with the highest ever sanctions and disbursements at Rs 20,892 crore and Rs 9,460 crore, respectively.
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Taming cognitive biases in lending will help significantly reduce decision errors and thus NPA incidence
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This new initiative must be used as an opportunity to mend the credit culture in the long-term interest of growth
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The GNPA ratio may shoot up to touch 20 per cent of the overall assets once the Supreme Court order on bad asset recognition comes in
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Hyderabad: National Bank for Agriculture and Rural Development (NABARD) Deputy Managing Director KV Shaji on Monday appreciated the functioning of Cyber Security Operations Centre (C-SOC), which is being implemented by Telangana State Cooperative Apex Bank (TSCAB) Limited. During his visit to TSCAB, Shaji advised officials to provide necessary guidance and support for development of other […]
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The judge was dealing with a batch of criminal petitions filed by Ishoo Narang and others seeking to quash criminal cases booked against them by the Enforcement Directorate and other agencies.
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Creation of actuarial credit risk reserve instead of a bad bank is a more feasible option
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According to S&P, the banking system's credit costs will remain elevated at 2.2-2.9 per cent this year and next
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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
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The country's largest lender State Bank of India (SBI) on Wednesday reported a 55.41 per cent rise in consolidated net profit at Rs 5,245.88 crore for the second quarter.
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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
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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