Last Updated: Thursday, August 6, 2015, 13:34
Most state-run lenders have high levels of bad loans and their shares are trading below their book values.
Last Updated: Thursday, July 30, 2015, 19:37
Country's second largest private lender HDFC Bank on Thursday said there is a scope for further cuts in the lending rates as loan growth is trailing deposit growth.
Last Updated: Wednesday, July 29, 2015, 15:22
Reserve Bank Deputy Governor S S Mundra on Wednesday said initial trends from banks' first quarter results indicate some stability on asset quality.
Last Updated: Tuesday, July 28, 2015, 18:47
Shares of PNB rose 5 percent Tuesday as the country's second largest public sector lender's asset quality improved on a quarter-on-quarter basis.
Last Updated: Saturday, July 25, 2015, 14:28
Andhra Bank on Saturday reported a 89.27 percent jump in Net profit at Rs 202.52 crore for the first quarter ended June 30, 2015, on improved asset quality.
Last Updated: Friday, June 26, 2015, 19:35
Bank stocks on Friday witnessed a selling pressure after the Financial Stability Report said that asset quality deterioration is likely to continue for a few more quarters.
Last Updated: Friday, June 5, 2015, 17:32
"We consider that IDBI Bank's standalone credit profile continues to be negatively impacted by its asset quality issues. Its impaired loan ratio rose to 14.7 percent at end-March 2015 as against 12.16 percent a year earlier," it said.
Last Updated: Tuesday, May 12, 2015, 18:19
About 23 percent of the 74 projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.
Last Updated: Tuesday, May 12, 2015, 17:17
About 23 percent of the projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.
Last Updated: Tuesday, May 12, 2015, 15:06
The scheme allows banks to refinance or sell long-term project loans after every five years. For banks to avail such a facility, the loan tenor cannot be more than 25 years.
Last Updated: Wednesday, March 18, 2015, 15:39
Improvement in the asset quality of Indian banks and growth in credit offtake is likely to take more time as the problems in mining and infrastructure sector are yet to be resolved, global rating agency S&P said on Wednesday.
Last Updated: Wednesday, February 4, 2015, 14:15
State-run Canara Bank on Wednesday reported 60.2 percent increase in net profit at Rs 655.92 crore for the quarter ended December despite an increase in bad loans.
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