Provisions / Npa

Apr 29, 2016 at 18:26 | Source: PTI
State-run State Bank of Bikanerand Jaipur (SBBJ) today reported a 31.05 percent plunge innet profit to Rs 193.22 crore for the quarter ended March 31,due to increased provisions for bad loans.
Apr 29, 2016 at 12:00 | Source: Moneycontrol.com
ICICI Bank's fourth quarter profit plunged sharply by 76 percent to Rs 702 crore compared to Rs 2,922.1 crore in year-ago period, impacted by exceptional provisioning.
Apr 27, 2016 at 12:32 | Source: CNBC-TV18
Every bank in the industry should see some rise in provisioning, and a deterioration in asset quality, says Banking Analyst Hemindra Hazari.
Apr 27, 2016 at 10:30 | Source: Moneycontrol.com
YES Bank has posted better-than-expected net profit at Rs 702.1 crore in January-March quarter, up 27.4 percent from Rs 551 crore in corresponding quarter last fiscal. It net interest income (NII) grew 27.1 percent at Rs 1241.4 crore in Q4 against Rs 977.1 crore in year ago period.
Apr 22, 2016 at 11:31 | Source: CNBC-TV18
In a virtual confirmation of recent reports that the Reserve Bank of India had trimmed the list of companies that should be included in banks' asset quality review, Union Bank Chairman and Managing Director Arun Tiwari says the move should be looked at as a "correction" of stricter norms prescribed earlier.
Apr 21, 2016 at 15:51 | Source: CNBC-TV18
A marginal rise in provisioning and a slight deterioration in gross NPL of IndusInd Bank was expected given the economic environment and should be taken positively as the corporate portfolios of all the banks are under considerable pressure, says Hemindra Hazari, Independent Market Expert.
Apr 21, 2016 at 14:45 | Source: Moneycontrol.com
Its asset quality became slightly weak in Q4, with gross non-performing assets at 0.87 percent versus 0.82 percent and net NPA at 0.36 percent versus 0.33 percent (QoQ). Its provisions, in Q4, was at Rs 213.6 crore against Rs 177 crore (QoQ).
Apr 21, 2016 at 10:17 | Source: Moneycontrol.com
The new rule on provisioning is expected to boost fourth quarter earnings of non-performing asset (NPA) saddled banks. Credit Suisse sees some relief for corporate lenders because of the stabilsing of the steel cycle.
Apr 18, 2016 at 08:17 | Source: CNBC-TV18
In what would likely be a first, a Rs 26,000-crore procurement loan given by banks to the state of Punjab is at risk of being a non-performing asset (NPA), and lenders may be forced to provision for it.
Mar 15, 2016 at 17:30 | Source: PTI
Public sector banks have writtenoff 38 accounts of Rs 100 crore and above amounting to aboutRs 8,000 crore during the nine months of the current fiscal.
Messages on Provisions / Npa »

kolhapurkar

Gold Member

19 Followers

Bank of India  

Buy profit decline because high provision.npa is less it will be in green.

2.24 PM Jan 30th 2014

mukeshc.par
ekh

Gold Member

6 Followers

Dena Bank  

Considering current share price, the result is excellent. Despite all increased provisions ( NPA, TAX and Pay Revison) , the bank could sustain its EPS Rs.5.40 quarterly which is excellent/

3.17 PM Jul 27th 2013

subodh I

Platinum Member

266 Followers

Karnataka Bank  

Profit increased due to lessor provision. NPA is increased. Hence, though the profit is improved there will be possible threat of higher provisioning in the next quarter.

3.17 PM Oct 17th 2012

jai sharemaster

Platinum Member

482 Followers

SBI  

Right, So RBI is loosening the rules for banks to provision NPA`s, i thought dynamic provisioning will lead to more realistic provisioning against teh current random and more of under provisioning which happens in PSU`s . In that case Profit figures will get inflated and not provide a reflection

10.07 AM May 19th 2012

araghupathi

Silver Member

9 Followers

Karnataka Bank  

are seeing a marginal improvement in GNPA and NPA probably due to write offs and provisioning. NPA worm is till eating in to the core of Karnataka Bank. If the management succeeds in containing the accretion to NPA and recovery process is strengthened, the shares of this Bank would fly from current levels

4.12 AM May 22nd 2012

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