Npa

BFL, being the largest consumer-lending NBFC, cannot escape unscathed from asset quality stress in unsecured retail segments

Public sector banks' NPAs on Mudra loans fall to 3.4% in 2023-24: Nirmala Sitharaman

This marks an improvement from 4.77 per cent in 2020-21, 4.89 per cent in 2019-20, and 3.76 per cent in 2018-19, she said in response to a query in the Lok Sabha during the Question Hour.

'We hope to achieve 4% gross NPA level by end of FY25,' says PNB chief AK Goel

The bank, Atul Kumar Goel, MD and CEO, in an interaction with Moneycontrol, said that the bank is expecting a total recovery of Rs 18,000 crore in this fiscal year.

Personal loan defaults highest in education, lowest in housing, shows RBI report

The financial stability report (FSR) of the Reserve Bank of India (RBI) showed that lending to the housing segment under personal loans grew by 36.5 percent in March 2024, highest among other sub-segments.

ED attached Rs 64,920 crore in 1,105 bank frauds, FM says on revival of PSU lenders

"There has been no leniency in recovering bad loans and the process is ongoing."

Modi govt's IBC helped resolve NPA crisis created by Congress, allies: FM Sitharaman

Finance Minister Nirmala Sitharaman said that while the earlier Board of Industrial and Financial Reconstruction (BIFR) regime resolved less than 3,500 cases in the nearly 30 years since its inception in 1987, the IBC has rescued 3,171 distressed companies since it came into force.

HDFC Bank: A look at how financials evolved in last 6 years

HDFC Bank's earnings growth is likely to rebound as margins are expected to expand gradually as the bank replaces market borrowings with low-cost deposits.

HDFC Bank says credit environment in economy remains healthy, asset quality stable

The bank’s year-on-year financial results are not comparable due to the merger with the parent entity HDFC Ltd during the year.

Ahead of IPO, Hero FinCorp writes off bad loans worth around Rs 1,200 crore

Hero FinCorp recorded a 25 percent rise in AUM in the first nine months of FY24, which grew to Rs 49,127 crore, while disbursals rose 26 percent to Rs 24,979 crore

Infra projects deserve opportunities for refinancing. Will RBI relax its NPA policy?

Refinance is the missing piece of the puzzle as India goes big on infrastructure building. RBI scrapped refinance schemes in a kneejerk response after the IL&FS debacle, and imposed strict NPA provisioning norms, blocking extension of repayment periods. This needs to change as large infra projects needs long ‘concession’ periods, stretching at least 30 years

India’s bad bank aims at Rs 2 lakh cr stressed assets by FY25, says DFS secretary Vivek Joshi

So far, NARCL has taken over approximately Rs 88,000 crore of banks’ stressed assets and is doing due diligence for another Rs 60,000 crore, Joshi said

Bandhan Bank board OKs transfer of Rs 776 crore worth NPAs to ARC

The outstanding non-performing assets (NPA) of the housing finance portfolio of bank was as on September 30, 2023.

Govt says 10 PSBs transferred NPAs of over Rs 11,617 crore to NARCL from Jan-Nov

These 10 PSBs had aggregate gross NPAs of over Rs 3.65 lakh crore as of September 30, 2023, as per the data shared by Finance Ministry to the Rajya Sabha.

Fintechs may feel the heat as RBI moves to curb unsecured consumer loans

According to CIBIL, among those who took personal loans of less than Rs 50,000 in the first quarter of the current fiscal, half of them had more than four existing loans. For the same category, only 17 percent had more than four loans before Covid, indicating a level of overleveraging not seen in the recent past.

Banking Central | Bank books look cleaner now, thanks to massive loan write-offs

While there is significant improvement on the reported NPA numbers, much of this is due to large-scale write-offs

Interview | UCO Bank expects to recover NPAs worth Rs 800 crore in Q3FY24: CEO Ashwani Kumar

Kumar added that with the current deposit rate, people are shifting their savings account balances to fixed deposits, as the interest rate is higher.

UCO bank withdraws decision to distribute sweets to 10 top NPA borrowers on Diwali

In the latest circular, which the bank advised that the instructions contained in the earlier communication stand withdrawn.

Banks Q2 earnings: Top five things to watch out for

Analysts highlight that amidst strong growth there is a need to keep an eye on the asset quality, treasury income, retail loan portfolio, net interest margin and recoveries by banks.

RBI 'not comfortable' with NPAs in urban co-op banks, asks lenders to focus on governance

Addressing directors of UCBs in the financial capital at an RBI-organised conference, Das urged that such lenders should improve the governance standards, avoid related-party transactions and focus on credit risks, among others.

Recapitalisation of NPA-burdened banks proves rewarding for the government

The government’s decision to recapitalise public sector banks to improve their balance sheets is paying off now. With these banks in a healthier state, dividends paid to the government are more than offsetting the burden on the budget due to recapitalisation

It walks like a duck but quacks like an NPA

When banks write off bad loans, the loan leaves the asset side of the balance-sheet but it actually never fully exits the bank. It stays somewhere in the dark recesses pending loan recovery, whether full or partial

Banks may report strong deposit growth, stable asset quality in April-June quarter: Analysts

However, banks are expected to give a negative outlook on the net interest margin in the near term.

Financial Stability Report: Write-offs improved asset quality

Increased provisioning for bad loans, which could come about, both from the new expected loss-based regulations or from increased NPAs, could dent profitability and CRAR ratios in future 

Credit card bad debt doubles to 18% for state-run banks: RBI Financial Stability Report

On a year-on-year basis, data with the FSR showed that the NPA for credit cards has increased from 9 percent in March 2022 to 18 percent in March 2023

Sebi cracks the whip on AIF-structures helping regulated lenders hide stressed assets

According to the regulator, AIFs preferential distribution or PD structures could also lead to the ever-greening of loans