Feb 12, 2016 at 17:52 | Source: Moneycontrol.com
In absolute terms, gross NPA jumped 33 percent quarter-on-quarter to Rs 19,615 crore and net NPA shot up 48 percent to Rs 9,613 crore in quarter ended December 2015, impacted by fresh slippages that increased significantly to Rs 5,839 crore from Rs 1,373 crore on sequential basis.
Feb 10, 2016 at 16:45 | Source: CNBC-TV18
It has been a bad Q3 for banks, with most lenders reporting a massive jump in their NPA and provisioning figures. So be it Punjab National Bank, ICICI Bank or others they are all near or below their 52-week lows. CNBC-TV18's Latha Venkatesh is here to take us through the numbers put out by all these banks.
Feb 10, 2016 at 15:22 | Source: PTI
On account of increased provisions for domestic and overseas advances including provision made for asset quality review, as per the RBI direction, resulted in net loss, IOB said in a statement.
Feb 09, 2016 at 13:09 | Source: Moneycontrol.com
Its gross non-performing assets (NPA) climbed 8.47 percent in Q3 versus 6.36 percent while net NPA was 5.86 percent in Q3 versus 3.99 percent quarter-on-quarter.
Feb 08, 2016 at 16:53 | Source: CNBC-TV18
Net interest income, the difference between interest earned and interest expended, may increase 1.26 percent to Rs 4,286 crore in quarter ended December 2015 compared to Rs 4,233 crore in year-ago period.
Feb 02, 2016 at 11:01 | Source: CNBC-TV18
State Bank of Travancore (SBT) on Monday reported a 23 percent increase in its net profit at Rs 91.47 crore for the December quarter on account of higher income from operations.
Jan 21, 2016 at 10:38 | Source: Moneycontrol.com
Gross non-performing loans (GNPL) are expected to remain elevated as the company migrated to 135-day NPA recognition against 150-day earlier which resulted in GNPL spiking to 9.4 percent in Q2FY16 against 8 percent Q-o-Q.
Jan 15, 2016 at 09:15 | Source: CNBC-TV18
CNBC-TV18s Latha Venkatesh, quoting sources, says that the RBI, as a part of its clean-up act, wants banks to provide for all stressed assets by March this year and also increase provisioning.
Jan 11, 2016 at 14:30 | Source: Moneycontrol.com
According to a CNBC-TV18 poll, the bank is expected to post a net profit of Rs 193.4 crore in October-December quarter down 27 percent from Rs 264.7 crore in Q3FY15. In Q2 profit was down 33 percent annually as provisions spiked 91 percent.
Dec 11, 2015 at 14:27 | Source: Moneycontrol.com
The Reserve Bank of India (RBI) is pressing ahead with its aim to clean up banks' balance sheets by March 2017 and towards that, it may make certain alterations to steps it has taken so far to tackle the NPA menace.