PNB net profit up 2.5% to Rs 775 crore

Last Updated: Tuesday, February 3, 2015, 12:37

Punjab National Bank on Tuesday posted a marginal 2.5 percent increase in net profit to Rs 774.56 crore for its third quarter ended December 31, on account of higher provisioning for bad loans.

Banks' asset quality to improve with eco growth: ICICI chief

Last Updated: Friday, January 23, 2015, 14:27

As the Indian economy gathers momentum, it will reflect in banks' asset quality while the issue of over-leveraging by corporates is also expected to get corrected going ahead, top banker Chanda Kochhar said.

Federal Bank Q3 net up 9% at Rs 230 cr on improved assets

Last Updated: Friday, January 17, 2014, 15:19

Federal Bank on Friday reported a 9.18 percent rise in net profit for the third quarter ended December 2013 at Rs 230.13 crore on the back of improved asset quality.

'Gross NPAs of banks to touch 5% by March-end'

Last Updated: Thursday, January 16, 2014, 17:23

The country's banking sector could witness tough times ahead with gross non-performing assets (NPAs) expected to touch 5 percent of total loans by March this year, according to an Assocham study.

SBI fears more strain on asset quality

Last Updated: Tuesday, January 14, 2014, 18:32

SBI's gross NPA fell to 5.64 percent of total advances as on September 2013.

Banks trim risk but fail to raise provisions ahead of EU review

Last Updated: Tuesday, December 10, 2013, 18:25

The results feed into EU-wide stress tests that assess whether banks need to raise more capital to insulate themselves against future economic and financial shocks.

PSU bank asset quality yet a concern

Last Updated: Saturday, May 11, 2013, 19:34

An improvement is likely since bankers are keen to say worst is over.

Major improvement in asset quality unlikely in near term: BoB

Last Updated: Sunday, January 13, 2013, 12:40

Public sector lender Bank of Baroda (BoB) doesn't see significant improvement in the asset quality and restructured book in the near term unless growth picks up, a top bank official has said.

Slowdown may hurt banks' asset quality: FM

Last Updated: Saturday, April 7, 2012, 18:21

Nationalisation of banks was a path breaking step in deploying financial services for transformation of the economy, Finance Minister Pranab Mukherjee said.

No worries on asset quality; to raise fund by Dec: Dhanlaxmi

Last Updated: Wednesday, October 12, 2011, 22:09

Kerala-based private lender Dhanlaxmi Bank, which is fighting a slew of charges like cooking accounts and mis-governance by a section of its employee union, on Wednesday denied all accusations and said it will raise funds by December to increase its capital base.

IDBI looks at under-15 % loan growth to up asset quality

Last Updated: Saturday, July 30, 2011, 21:35

IDBI Bank, which on Saturday reported a 34 percent rise in net profit to Rs 335 crore on higher interest income and interest margin, said it would curtail credit growth in coming quarters to bring down stressed assets and improve the over all asset quality.