Aug 11, 2016 at 09:05 | Source: Moneycontrol.com
Asset quality weakened further in June quarter as gross non-performing assets (NPA) as a percentage of gross advances increased 116 basis points sequentially to 11.15 percent and net NPA rose 67 basis points to 5.73 percent.
Aug 08, 2016 at 21:34 | Source: PTI
An overwhelming majority of banksreported rise in non-performing assets during the first sixmonths of the year and their profitability took a dip due tohigher provisioning for NPAs, a survey said today.
Aug 06, 2016 at 18:14 | Source: PTI
"The degrowth in profit was on account of increase in provisions," bank's chairman and managing director Arun Tiwari told reporters here today.
Aug 02, 2016 at 13:12 | Source: Moneycontrol.com
Asset quality weakened a bit as gross non-performing assets as a percentage of gross advances increased 31 basis points to 6.97 percent and net NPA rose 28 basis points to 4.48 percent on sequential basis.
Jul 29, 2016 at 16:46 | Source: Moneycontrol.com
Provisions for bad loans during the quarter shot up 163.2 percent on yearly basis to 2,514.5 crore but sequentially fell 24.4 percent from Rs 3,326.2 crore. Gross NPA increased to 5.87 percent from 5.82 percent on sequential basis and net NPA rose to 3.35 percent from Rs 2.98 percent.
Jul 28, 2016 at 14:57 | Source: Moneycontrol.com
Asset quality weakened further during the quarter as gross non-performing assets (NPA) as a percentage of gross advances stood at 7.53 percent against 6.7 percent and net NPA at 5.04 percent against 4.48 percent on sequential basis.
Jul 28, 2016 at 12:41 | Source: Moneycontrol.com
Provisions for bad loans jumped 51.2 percent to Rs 2,738.4 crore in the quarter ended June 2016 compared with year-ago period but declined sharply 74 percent from Rs 10,485.2 crore in preceding period.
Jul 27, 2016 at 13:22 | Source: PTI
On account of higher provisions of Rs 1,170 crore for NPA (Non Performing Assets) and additional prudential provisions or other stressed accounts, the bank has faced losses. The Gross NPA stood at 9.38 percent, while Net NPA was 5.99 percent as on June 2016, it said.
Jul 26, 2016 at 07:16 | Source: PTI
Provision for bad loans zoomed to Rs 1,037.78 crore, more than 7.8 times from Rs 131.89 crore parked aside a year ago, showed the bank's balance sheet filed with BSE.
Jul 25, 2016 at 13:00 | Source: CNBC-TV18
The company reported a subdued quarter with 2.25 percent fall in its net profit to Rs 87 crore and reduced its provisions to 30.5 percent to Rs 224.5 crore in Q1. Asset quality quarter-on-quarter deteriorated to 36.9 percent at Rs 4,414.7 crore.