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    Income Recognition And Asset Classification

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    • Union Budget 2017-18: Why a tax saving on NPA provisions may not help banks a lot

      In an attempt to help banks reduce their tax outgo, the Union Budget offered a 1 percent tax sop on provisions towards non-performing assets (NPAs). However, bankers are not too happy as this may not be a substantial gain for the banks.

    • NPAs under control; fewer slippages this qtr: SBI

      OP Bhatt, chairman of the State Bank of India in an interview on CNBC-TV18 spoke about what he is expecting from the credit policy and his banks results. On the RBI’s credit policy review, Bhatt holds that a 25 bps rate hike is plausible. “Also, expect to hear about some measures to ease liquidity as well.”

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