Moneycontrol PRO

HomeNewsAdditional provisioning

Additional Provisioning

Jump to

Banks to need Rs 3.5 lk cr extra provisioning over 3-4 yr: Pros

According to Pawan Agrawal of CRISIL Ratings, the cumulative provisioning today stands at roughly Rs 1.5 lakh crore and as per their analysis, there is additional provisioning requirement of Rs 3.5-4.0 lakh crore which will have to be provided for over the next 3-4 years.
SBI's FY12 provision of Rs 4000 cr not to impact profit

CNBC-TV18 has learnt that in FY12, SBI will make another Rs 4,000 crore provisioning, following the previous quarter's provisions. Only, this time, the profit may be a lot better, reports Vidhi Godiawala

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347