All posts tagged "NPA"
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245BUSINESSUCO Bank withdraws Diwali sweet distribution plan for top 10 NPA borrowers: Report
In its latest circular, the bank said, “It is hereby advised that the instructions contained in the aforesaid communication stand withdrawn.” The...
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251STOCK MARKETPNB Housing Finance shares rise over 8% on recovery of Rs 784 crore NPA
Mortgage lender PNB Housing Finance shares rallied 8% to Rs 688 in Monday’s trade on BSE after the firm resolved and fully...
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284BUSINESSBank of Baroda Q1 results: Net profit jumps 88% to Rs 4,070 cr; asset quality improves
Public sector lender Bank of Baroda on Saturday reported 88% jump in net profit at Rs 4,070 crore for the quarter ending...
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519BUSINESSPunjab & Sind Bank Aims at Rs 500 Crore Recovery From NPAs in Q4: MD
Aided by a reduction in bad loans, recovery from them and healthy growth in interest spread, the bank aims to maintain its...
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285BUSINESS
PNB Housing Finance announces Swiss Challenge for sale of NPAs worth Rs 322 cr
Burdened by bad loans and a shrinking portfolio, PNB Housing Finance Ltd has counter bids for 663 non-performing assets worth Rs 322...
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280BUSINESSRBI Financial Stability Report: Banks’ Gross NPA Ratio Falls To 7-Year Low of 5%
RBI in its Financial Stability Report says the interplay of multiple shocks has resulted in tightened financial conditions and heightened volatility in...
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992BUSINESSGood news for customers of this bank; RBI to soon lift restrictions as bank’s financial health improves
The bank under PCA faces RBI restrictions on dividend distribution, branch expansion, management compensation or requiring promoters to infuse capital. Central Bank...
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468MUST KNOWSBI net profit dips 7% to Rs 6,068 crore in Q1
New Delhi: The country’s biggest lender State Bank of India (SBI) on Saturday posted a 7 per cent decline in standalone net...
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457NEWSYES Bank’s fear of new bad loans nearly vanishes
Two years ago, YES Bank had nearly collapsed. Now, the bank says it has recovered big sums of money as loan repayments,...
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269MUST KNOWNARCL: Rs 50,000 crore loans to be transferred to bad bank by April-end, says Union Bank MD
Transfer of 15 bad loan accounts worth Rs 50,000 crore to the National Asset Reconstruction Company could not be completed within the...
