Advances

According to data compiled by Moneycontrol, yield on advances for PSU banks dropped by 15–71 basis points (bps), significantly more than the 12–30 bps reduction observed for private banks.

Tamilnad Mercantile Bank to bet on transaction business unit to engage HNIs: CEO Salee S Nair

TMB CEO also says the bank aims to grow its advances by at least 15-18 percent in FY26

Bank of India expects advances to grow 11-12% in FY24

In the reporting quarter, gross domestic advances of the bank grew 1.18 percent on-quarter, and 9.56 percent on year.

At least 67% of $100 billion loans to Indian real estate is stress free

Pune and NCR are both high on stress with 40% and 39% respectively of the total loan given to them, followed by Mumbai with 37%

Auditor raises concerns on recovery of ABG Shipyard's receivables

CNBC-TV18 learns from the report that there are several doubts on possibility of recovery of various advances and receivables given out by the company to the tune of Rs 1,762 crore.

Bank of India gross slippages down over 60% QoQ to Rs 6,232 cr

Steps taken to clean up the books has led to significant quarter-on-quarter decline in Bank of India‘s gross slippages to Rs 6,232 crore from Rs 16,805 crore, said Managing Director & CEO, Melwyn Rego.

United Bank Q1 profit down 27% at Rs 38 cr

State-run United Bank of India today reported a 26.6 per cent fall in net profit to Rs 38.32 crore for first quarter ended June 30, on higher bad loans.

Asset quality under control; focus now on retail book: Canara Bk

Slippages during the first quarter were Rs 3,878 crore, of which Rs 648 crore was mainly in existing accounts, said Canara Bank Managing Director & CEO Rakesh Sharma.

What is Net Interest Margin?

Net Interest Margin is mainly used for analyzing bank stocks. It is calculated by dividing the net interest income to loans and advances given by banks to borrowers. Net interest income is the difference between interest earned on loans and interest expended on deposits.

Banks' deposits, loans up marginally: RBI

As of May 3, deposits stood at Rs 68.84 trillion, while advances were at Rs 53.41 trillion.

Indian banks' credit growth drags but may improve by March

Banks' advances continued to limp at the end of 10 months of the financial year 2012-13 compared with a year earlier, but bankers expect a late demand from corporates and loans to the farm sector to prop up growth before the year-end on March 31.

Banks credit, deposit growth sluggish, may pick up by March

Indian banks' deposit advances and deposits continued their sluggish growth at the end of nine months of the financial year 2012-13 compared with a year earlier, but may show marginal improvement by March due to year-end loan demand from corporates, bankers said.

Eyeing 22% YoY growth in advances for FY12: Karnataka Bank

Managing director of Karnataka Bank P Jayarama Bhat tells CNBC-TV18 that they aim to grow total advances by 22% year on year for FY12.

Aim to grow deposits & advances by 25%: South Indian Bank

Dr VA Joseph, managing director and chief executive of South Indian Bank tells CNBC-TV18 that they aim to grow deposits and advances by 25% in the current year.

State Bank of Mysore may downsize debt raising plan

The Bangalore-headquartered public sector lender State Bank of Mysore (SBM) may downsize its fund raising plan through bonds this fiscal due to slow growth in advances.

Banks will meet 19% credit growth in FY12: Mallya

Chairman of Indian Banks Association M D Mallya has said the industry will meet the targeted 19% surge in advances this fiscal.

NPAs of banks likely to rise to 2.7% of advances in FY'12

Ratings agency ICRA today said the asset quality of banks could deteriorate further to 2.7% of total advances in the current fiscal due to pressure on interest rates.

Punjab & Sind Bank raises Rs 300 cr from bonds

State-owned Punjab & Sind Bank (PSB) today raised Rs 300 crore from bonds to fund business growth.

J&K Bank sets business target of Rs 85,000 cr in FY12

J&K Bank has set a target of Rs 85,000 crore business during the current financial year, with special efforts to improve its growth and rural penetration by working on a multi-pronged strategy.

City Union Bk Q3 net up, says will end yr with NIM of 3.4%

City Union Bank has reported a net profit of Rs 57.7 crore for the quarter ended December 2010 as against Rs 40.6 crore in same quarter the previous year.