While the level of NPAs has declined recently, the provision coverage ratio has risen to 60.5% from 48.3% a year ago, Das said

The market capitalisation of HDFC Bank touched Rs 7.01 lakh crore for the first time ever, after shares of the private sector lender surged near its 52-week high on Thursday

A big chunk of these write-offs happened over the last two years; one of the big reasons for high level of write-offs is the Insolvency & Bankruptcy Code

Punjab & Sind Bank Q2 results: The provisions and contingencies rose sharply by 63.81 per cent to Rs 972.62 crore in Q2FY20 as compared to Rs 593.73 crore in the year-ago quarter. The bank's provisions, stood at Rs 334.53 crore in June quarter

In line with benchmark indices, SBI share price declined as much as 2.84 per cent to touch an intraday low of Rs 309.25 apiece on the BSE after opening tad lower at Rs 317.45 against previous close level of Rs 318.30

Mutual fund investors must stick to disciplined and systematic investing to do well in the coming year.

These companies cut across sectors and include Vakrangee, PC Jeweller, Arvind, Rain Industries and Indiabulls Real Estate, among others. Most may never go back to their past highs

LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.

PM Narendra Modi on Saturday inaugurated the Kartarpur corridor and flagged off the first batch of over 500 Indian pilgrims, including former prime minister Manmohan Singh and Union minister Harsimrat Kaur Badal.

The agency issued a provisional order for attachment of 37 immovable properties of Sai Infosystems I (SIS) Ltd and others under the Prevention of Money Laundering Act.

Bank of Baroda Q2 results: The bank's net interest income (NII), or the core income a bank earns by giving loans, rose 10.09 per cent YoY to Rs 7,028 crore in Q2 FY20, while net interest margin (NIM), a measure of profitability, stood at 2.81 per cent, up 19 basis points (bps) on a sequential basis

ED issued a provisional order for attachment of 37 immovable properties of Sai Infosystems I (SIS) Ltd and others under the Prevention of Money Laundering Act

Three years down the line, India's economy has seen a lot of turbulence with GDP growth going down to six-year-low, fiscal deficit growing significantly, and various sectors, including auto and manufacturing, facing crises

Without the write-offs and with the incremental bad debt the pile may have ballooned to nearly $175 billion by the end of June

Allahabad Bank Q2 results: The provisions and contingencies rose by 16.32 per cent to Rs 2,740.59 crore as compared to Rs 2,356.03 crore made in the year-ago quarter. The bank's provisions, stood at Rs 1,008.81 crore in June quarter

Any or all projects undergoing corporate insolvency resolution process before the NCLT can be considered for funding through the Special Window upto the stage where the resolution plan for such insolvency resolution process has not been approved/rejected by the committee of creditors

Real estate revival: The FAQs issued by the finance ministry clarified that the NPA or NCLT projects will be also be considered for the last mile funding by the government

A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June