Gross NPAs of banks may reduce to 8% by March 2020: Report
NPA in the banking system had peaked at 11.5 percent in March 2018 and then declined to 9.3 percent in March 2019.
Jun 25, 2019, 15:56 PM IST
ICICI Bank Q1 profit falls 8%, provisions rise
Net non-performing loans as a percentage of total loans fell to 4.86 percent at end-June from 4.89 percent at March-end, but rose compared with 3.01 percent a year earlier.
Jul 27, 2017, 18:00 PM IST
Indian banks face $37 billion hit from top 50 stressed assets: CRISIL
Indian banks may have to write off 60 percent of the value of bad loans from their 50 large stressed asset accounts, or a hit of 2.4 trillion rupees ($37.31 billion), ratings agency CRISIL said on Wednesday.
Jul 19, 2017, 16:58 PM IST
'Indian banks need at least $2.8 billion extra provisioning for bankruptcy cases'
Indian banks taking 12 of the country`s largest defaulters to bankruptcy court under a central bank directive, will need to make additional provisioning of at least Rs 180 billion ($2.8 billion), India Ratings and Research said on Tuesday.
Jul 18, 2017, 13:32 PM IST
Banks need Rs 91,000 crore capital to sustain 8-9% growth: Ind-Ra
Indian banks will require Rs 91,000 crore in tier-1 capital till March 2019 to sustain a minimum annual growth rate of 8-9 percent, according to a report by India Ratings and Research (Ind-Ra).
Feb 15, 2017, 17:35 PM IST
NPA pains to spill over into next fiscal, says Moody's
Weak asset quality will continue to plague credit profile of banks, with their profitability remaining under pressure till the next fiscal, says a report.
Jan 09, 2017, 15:18 PM IST
Re-capitalise state banks for economic prosperity: Expert
India needs to privatise and change the character of its state-owned banks which have massive bad loans that have become a drag on economic growth, a leading financial expert said here.
May 27, 2015, 15:19 PM IST
