NPA

"I would reckon that these numbers stand out quite well simply because the NPA ratios are well under control. They have dropped quite significantly, in fact the gross NPA number is…

Kolkata: reported a 115% jump in net profit for the December quarter at Rs 605 crore over Rs 281 crore in the year ago period, backed by a healthy rise in both interest and non-core…

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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…

New Delhi: There was no proposal under consideration of the central government for restoration of the old pension scheme, Minister of State for Finance Bhagwat Karad informed Parliament on…

Micro lender reported a consolidated net profit of Rs 55.2 crore for the September quarter against a Rs 60 crore loss in the year-ago period, even as its total income dipped. Interest…

For us, this culture about having low NPA is a fetish. Our trip in life is our gross NPA should never cross 2%, our net NPA should never cross 1%. We are working to that formula, says V…

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The drop in provisioning was largely on account of the private sector banks which reported a 59.7% drop in the aggregate loan loss provisioning for the June quarter. Synopsis“Loan loss…