non-performing assets

Public sector banks (PSBs) have logged a robust profit growth of 65 per cent to Rs 29,175 crore during the third quarter ended December 2022, with (BoM) emerging as the top performer in…

The debt collection market in India is a whopping Rs 40,000-crore industry growing at 18% annually. However, debt support and risk mitigation is still subject to significant challenges like…

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“Banks have written off ₹11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,” Parliament was informed on December 20. The non-performing assets…

Public sector has recorded a 33.2 per cent jump in its net profit for the second quarter ending September 30, 2022 at Rs 501 crore, the bank said on Sunday. The city-headquartered bank…

New Delhi, Public sector lender Punjab & on Saturday said its net profit rose 27 per cent to Rs 278 crore in the second quarter of FY23 on the back of reduction in bad loans. The bank…

State-owned on Saturday reported a jump of 59 per cent in its net profit to Rs 3,313 crore for the second quarter ended September on the back of a decline in bad loans and rise in interest…

IIFCL Managing Director P R Jaishankar has said the institution has transformed itself from being a last mile lender to a preferred financier and aims to sanction loans worth Rs 30,000 crore…

Stating a robust second quarter and further growth momentum, brokerage firm Axis Securities maintained a buy rating on with a target price of Rs 8,600, implying an upside potential of 19.6%…

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