Provisioning

The company took a provisioning of Rs 5,870 crore in March-23 quarter to factor the impact of the wage revisions

Stressed asset book well provided for: IDFC Bank

In an interview to CNBC-TV18 on the sidelines of an IDFC conference in London, CFO Sunil Kakkar says, provisioning has been done for up to 50 percent of the stressed book, largely in the infrastructure space, on its legacy books.

SBI's asset quality woes may continue into H1FY17: Analyst

Gaurang Shah of Geojit BNP Paribas is positive on SBI, but hints at some more stress for the lender in the next two quarters.

Allahabad Bank posts Q4 net loss of Rs 581 cr

Public sector Allahabad Bank on May 13 reported a net loss of Rs 581.13 crore for the last quarter ended March 2016 as it substantially raised the amount towards bad loans provisioning in accordance with RBI's asset quality directives

Have fully complied with AQR but NPA pain not over: Andhra Bank

In an interview with CNBC-TV18, Andhra Bank MD and CEO Suresh N Patel said the bank had fully complied with the Reserve Bank of India's asset quality review guidelines that had called for stricter provisioning of doubtful accounts.

ICICI Bank's slippages a worry; experts divided over Q4 show

The Rs 3,600 crore worth of collective contingency and related reserves will help the bank pull down its credit cost in FY17, says Nitin Kumar, Analyst from Prabhudas Liladher. But Bajrang Bafna of Sunidhi Securities says he isn't sure whether the worst is over for banks in general.

Union Bank CMD confirms: Smaller AQR list to free up Rs 800cr

In a virtual confirmation of recent reports that the Reserve Bank of India had trimmed the list of companies that should be included in banks' asset quality review, Union Bank Chairman and Managing Director Arun Tiwari says the move should be looked at as a "correction" of stricter norms prescribed earlier.

May look at QIP, sell non-core assets to raise capital: IDBI Bk

BK Batra says IDBI Bank has adequate back up for any capital requirement as well as any additional provisioning that the bank may have to go in for in the fourth quarter.

Focusing on high-yield retail loans: State Bank of Travancore

State Bank of Travancore (SBT) on Monday reported a 23 percent increase in its net profit at Rs 91.47 crore for the December quarter on account of higher income from operations.

Expect NPAs of Rs 200-220 crore in Q4: SBM

Speaking to CNBC-TV18, Sharad Sharma, MD said higher provisioning for non-performing loans (NPLs) was done as per the Reserve Bank‘s directives.

Continue to see Sensex at 22k on slow economy, bk stress: Ambit

“The potent combination of a slowing economy with gradual deterioration in banking system makes it inevitable that we will run into serious challenges over the course of CY16,” Saurabh Mukherjea, CEO-Institutional Equities says.

RBI may tighten provisioning norms for SDR: Raghuram Rajan

The Reserve Bank of India (RBI) is pressing ahead with its aim to clean up banks' balance sheets by March 2017 and towards that, it may make certain alterations to steps it has taken so far to tackle the NPA menace.

Union Bank Q4 net drops 23% on higher provisioning

Gross non-performing assets (NPA) of the bank rose to 4.96 percent at the end of March from 4.08 per cent in a year ago period. Total income increased to Rs 9,383.71 crore during the fourth quarter, from Rs 8,444.95 crore last year.

Fresh slippages, restructured book of BoB a worry: IDBI Cap

Worsening asset quality is a worry indeed, but Jignesh Shial, research analyst, IDBI Capital Markets says what is more worrying is that these banks are not growing, putting pressure on margins as well.

3 reasons why Morgan Stanley is super bullish on pvt banks

In its report titled Indian Financials--Staying Maximum Bullish, Morgan Stanley says the banks will cut deposit rates by 100 bps over the next 12 months since real deposit rates are unlikley to stay above 150 bps. Indian private lenders are all set to see a growth.

Axis Bank Q3 net seen up 13%, net interest income up 20%

The bank‘s restructured assets in Q2 stood at Rs 1,031 crore against Rs 690 crore in the first quarter and the slippages were at Rs 618 crore in Q2 against Rs 680 crore in Q1.

We expect 25% loan growth for FY14: Bajaj Fin

Bajaj Finance's Q3 PAT is up 21 percent. However, the company took an accelerated provisioning in Q3 (a one-time number), adjusted for that, it would have been a 30 percent profit growth, says Rajeev Jain.

Increased NPAs, fresh slippages led to Q2 loss:Central Bank

Loss has primarily occurred on account of almost twice the provisioning that the bank did in the first quarter. This provisioning is on account of increased NPAs, almost around Rs 1,700 crore of provisions on account of NPAs.

Slippages likely to reduce to Rs 1000cr in Q2: Central Bank

MV Tanksale, CMD, Central Bank of India says that although the slippages in Q1 were huge, to the extent of Rs 2400 crore they expect them to come down below Rs 1000 crore in Q2.

Union Bank hopes to maintain NPA below 3%

Union Bank of India is focusing on reducing its slippages and hopes to contain it non-performing assets (NPA) below 3 percent in current quarter, says CMD, Debabrata Sarkar.

RBI norms to make parties in CDR responsible: OBC

SL Bansal, chairman and managing director Oriental Bank of Commerce (OBC) explains, on CNBC-TV18, that the guidelines will significantly safeguard banks and restore an element of responsibility in the process of debt-restructuring.

Hike in provisioning neutral for SBI: Diwakar Gupta

Besides announcing a cut in the CRR, the Reserve Bank also raised provisioning on restructured assets to 2.75 percent from 2 percent earlier. How will this impact SBI?

RBI proposes dynamic plans for provisioning

CNBC-TV18'S Avni Raja reports on the details of the Dynamic Provisioning Norms as proposed by the RBI to help banks survive tough economic situations.

Bankers exude mixed reaction to 2G verdict's impact

Bankers debate the impact of the 2G verdict on their finances. Check out the discussion.

No 'clarity' but SBI sees rights issue through by March '12

In an exclusive interview with CNBC-TV18, Krishna Kumar, the managing director of the state-run bank says that though there is no ‘clarity’ on the rights issue this fiscal, he is hopeful to see it through by the end of December 2011 or by March 2012.