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Total 455 results found. Search for [ provisioning for bad loans ]

Results 1 to 21 of 455
Chitranjan Kumar
July 10, 2020
The slippages for five private sector banks - HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank - would be around 5 per cent for FY21, if refinancing remains a challenge


Anand Adhikari
July 10, 2020
Higher voting rights in private bank may come as a dampener for attracting new investors into the bank; investors may feel that SBI would call shots in deciding future strategy


Anand Adhikari
July 6, 2020
Coronavirus-related disruption could double NPAs in the months ahead; banks are preparing for the worst


PTI
July 5, 2020
Veteran banker and CII President Uday Kotak had said the public sector banks would need financial support from the government to drive the economy, while private sector banks need to raise capital from various sources to meet the future challenges


Chitranjan Kumar
June 26, 2020
In Q4 FY20, UCO Bank posted net profit of Rs 16.78 crore compared to net loss of Rs 1,552.02 crore in Q4 FY19, helped by rise in other income and decline in provisions


Niti Kiran
June 25, 2020
Nonetheless, collective bad loans of the public sector entities saw a decline of 2.5 per cent last fiscal. The gross NPA ratio of the country's largest public sector lender SBI was down 138 basis points year-on-year, at 6.15 per cent


BusinessToday.In
New Delhi, June 24, 2020
In Q4 FY20, Canara Bank's net loss widened to Rs 3,259.33 crore as compared to net loss of Rs 551.53 crore during the same period last year


BusinessToday.In
New Delhi, June 23, 2020
Public Sector Banks will need  anywhere between Rs 75,000 crore to Rs 1 lakh crore of fresh capital from the government. Fresh NPAs means higher provisioning for bad loans , lower profits  and also delayed recovery as bankruptcy code has been suspended. It is time to build capital buffers in PSBs to face covid 19 loan losses. Anand Adhikari, Executive Editor, Business Today explains what needs to be done for Public Sector Banks.Also Read: How retail companies are trying to minimise job losses


BusinessToday.In
New Delhi, June 21, 2020
The public sector lender plans to raise funds to meet its growth and regulatory requirements, PNB Managing Director S S Mallikarjuna Rao said


BusinessToday.In
June 20, 2020
In Q4, net loss narrowed to Rs 697.20 crore due to lower provisioning against bad loans


Rupa Burman Roy
June 20, 2020
For the year 2020, the firm's net profit registered a flat growth at Rs 2,403.66 crore as against Rs 2,434.37 crore in FY19. The housing finance company's income for FY20 rose to Rs 19,706.88 crore, from Rs 17,398.46 crore in FY19


Anand Adhikari
New Delhi, June 12, 2020
The banking system, which already has 9 per cent gross NPAs, now faces the danger of more loans slipping into NPAs. There are already some Rs 40 lakh crore of term loans under the RBI's six-month moratorium


PTI
June 10, 2020
In the wake of COVID crisis, the finance ministry last week asked all ministries and departments not to initiate any new scheme in the current financial year and said that there is a need to use resources prudently in these difficult times


Anand Adhikari
New Delhi, June 9, 2020
Up to Rs 40 lakh crore worth of loans of banks are under six-month moratorium. The risk of default looms large


Anand Adhikari
May 27, 2020
The bank has to prepare for new set of NPAs post August when the six-month moratorium period ends


BusinessToday.In
May 13, 2020
Share price of Kotak Mahindra Bank gained up to  5.31% to Rs 1,220  compared to the previous close of Rs 1,159 on BSE.


BusinessToday.In
New Delhi, May 13, 2020
Kotak Mahindra Bank share price gained 5.3 per cent at intra-day high of Rs 1,220.85 after the company posted its financial results. On National Stock Exchange, the bank's shares were quoting Rs 1,180.90, after climbing to a high of Rs 1,220 earlier


BusinessToday.In
May 8, 2020
Share price of RBL Bank fell up to 8.77% to Rs 117.6 compared to the previous close of Rs 128.90 on BSE


Aseem Thapliyal
April 29, 2020
Axis Bank share price has lost 42.85% during the last one year and fallen 42.38% since the beginning of this year. However, the large cap stock has gained 20.78% in last one month.


BusinessToday.In
New Delhi, April 29, 2020
The FM says those who did not repay despite having the capacity to pay, divert or siphon-off funds, or dispose of secured assets without bank's permission were categorised as \"wilful defaulters\"; they are those well-connected promoters, who benefitted from UPA's 'phone banking',she alleges


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