Tag: NPA

ICICI Q3 profit jumps 19% to 4,940 crore – Times of India

MUMBAI: ICICI Bank on Saturday reported a net profit of Rs 4,940 crore for the quarter ended December 2020 — an increase of 19%...

Do you have an account in this bank? 50 branches affected due to merger

New Delhi: Yes Bank's new chief executive and managing director Prashant Kumar told PTI that it will be shutting down 50 branches as part...

Do you have an account in this bank? 50 branches closing for merger

New Delhi: Yes Bank's new chief executive and managing director Prashant Kumar told PTI that it will be shutting down 50 branches as part...

Do you have an account in this bank? 50 branches of this bank shutting down

New Delhi: Yes Bank lacked a culture of cost control, and under the new management, the lender is targeting to reduce operational expenses by...

Banks may see flat to lower Q2 bad loans – Times of India

MUMBAI: Banks are expected to post a flat or lower level of non-performing assets (NPAs) in the quarter ended September 2020. This is a...

HDFC Bank Earnings: Q2 Net Profit Rises 16% to Rs 7,703 Crore

HDFC Bank on Saturday reported a 16 per cent rise in its consolidated net profit at Rs 7,703 crore for the second quarter ended...

Banks can rejig realty loans based on project, not realtor – Times of India

MUMBAI: The Reserve Bank of India (RBI) has permitted banks to restructure loans to real estate companies on the basis of the project rather...

‘Huge Implications for Banking System’: RBI Urges SC to Lift Stay on Accounts’ Classification as NPAs

A man checks his phone outside the Reserve Bank of India (RBI) headquarters in Mumbai. (REUTERS/Francis Mascarenhas/Files)On September 3, in a respite to stressed...

Privatise select PSU banks, dilute role of DFS: Raghuram Rajan – Times of India

NEW DELHI: Former RBI governor Raghuram Rajan on Monday advised the government to privatise select public sector banks, set up a "bad bank" to...

RBI norms may exclude several cos from loan recast scheme – Times of India

Mumbai: The RBI’s norms on corporate loan restructuring are likely to exclude a large number of companies as bankers expect advances worth only Rs...

Protect Accounts Which Were Not Declared NPA Till August 31, Says Supreme Court

File photo of the Supreme Court of India. (Image Credit: PTI) ...

Lucky to have things on platter: Jagdishan – Times of India

Mayur.Shetty@timesgroup.com Mumbai: HDFC Bank CEO-designate Sashidhar Jagdishan has said the lender’s bad loans on account of Covid-19 would be below what was seen during...

Divest Governance of PSBs from Govt, Says Former RBI Deputy Governor

Former RBI Deputy Governor NS Vishwanathan. (ANI) ...

Banks go for stress test to assess the impact of COVID-19 on NPAs

New Delhi: Banks have undertaken stress tests to assess the level of bad loans or non-performing assets (NPAs) caused due to economic slowdown triggered...

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