Slippages

Looking ahead, the bank expects a gradual improvement in asset quality in Q2, and reiterated its full-year credit cost guidance of 2.5 percent

Indian Overseas Bank expects MTNL account resolution in 2-3 quarters

IOB MD and CEO Srivastava said the bank has made a 100 percent provision on this account from the cushion created on their balance sheet.

Kotak Mahindra Bank Q1 results: Slippages came from tractor finance, retail unsecured loans, says CFO Jaimin Bhatt

The bank had reported slippages of Rs 1,205 crore, which is 0.4 percent of the net advances. Of this, Rs 288 crore was upgraded within Q1FY24.

Private banks' slippages, write-offs from COVID recast nearly double than that of PSBs: Report

Private sector banks have seen slippages and loan write-offs at 44 per cent, as against 23 per cent in case of public sector banks, the report by India Ratings and Research (Ind-Ra) said, calling the trend surprising.

Banks may see higher retail loan slippages as inflation, job losses bite borrowers

Banks are continuing with their strategy of aggressively building a retail loan book. Lenders find retail loans safer compared with risky corporate loans because default rates are relatively lower

MC Exclusive | Punjab & Sind Bank aims to contain slippages below Rs 1,000 crore in FY23, MD says

The bank has set a bad loan recovery target of Rs 2,000 crore and sees gross NPA and net NPA ratios falling below 9 percent and 2 percent in FY23, Swarup Kumar Saha has said

Banks concerned about MSME exposure as inflation becomes new pain point

As inflation threatens to increase MSMEs input costs and the RBI’s COVID-related forbearance comes to an end, banks’ non-performing assets and slippages in the MSME segment are expected to inch higher in the coming quarters, say experts

Axis Bank plans to scale up credit card business, says slippages under control

The likelihood of non-banking financial companies (NBFCs) entering the credit card market will not lead to an incremental business disruption at Axis Bank, says Sanjeev Moghe, president and head, cards and payments at Axis Bank

Kotak Mahindra Bank goes slow on loan growth as slippages remain high

The bank saw Rs 1062 crore worth of new additions to bad loans in the third quarter. The lender had reported slippages of Rs 800 crore in the first and Rs 1000 crore in the second quarter of current financial year.

Bank of Baroda expects slippages to ease by March 2020

The lender said that most of the slippages came from four accounts, of which two were non-banking finance companies (NBFCs).

Banking wrap: SBI, ICICI Bank report lesser bad loan accretion; slowdown concerns remain

Axis Bank, Kotak Mahindra Bank expect higher slippages, Bandhan Bank looks to ramp up home loan portfolio

See slippages reduce to half in Q1FY19; 18% loan growth in FY18: South Indian Bank

Confident of achieving the guided loan growth of 18% for FY18, said VG Mathew, MD & CEO, South Indian Bank.

Loan book to grow 15-18% in’18; slippage ratio at 1-1.5% in 1-2 yrs: City Union Bank

The slippage ratio is also on a downward trend and expect it to range between 1-1.5% in 1-2 years, said N Kamakodi, MD CEO, City Union Bank.

NPA resolution ordinance & PCA will help banks tackle NPA menace: Karnataka Bank

“Non-performing assets (NPA) resolution ordinance of central government and the prompt correction action initiated by Reserve Bank of India (RBI) are in right direction and are going to help the banks to attempt this NPA menace in its right perspective”, Mahabaleshwar MS, MD & CEO, Karnataka Bank told CNBC-TV18.

Few more qrtrs for NPLs to peak; slippage may stay at 2.59%; SBI

Ground work to resolve the nonperforming loans‘ (NPL) issue has been completed but couple of more quarters need to go by before results start showing says, State Bank of India‘s MD-Corp Banking Group B Sriram sharing his outlook on performance in the coming quarters with CNBC-TV18.

IFCI sets NPA recovery target of Rs 600 cr for Q4 FY17

In the first 9 months of the current fiscal, the state-owned term lender mobilised about Rs 400 crore out of Rs 1,000 crore set for the entire fiscal.

See slippages below Rs 4.8K cr in Q4; no more loan rate cut: PNB

Hinting at the fact that another lending rate cut may not come very soon, Ananthasubramanian said that all banks have brought huge cuts to the MCLR (marginal costs of funds based lending rates) after demonetisation already and these cover all the benefits the RBI passed onto the banks.

Oriental Bank's Q3 net loss narrows to Rs 130 cr

The public lender's net loss for the December quarter improved to Rs 130 crore from Rs 424.70 crore in the year-ago period.

Why markets want Axis Bank to take a haircut & move on

Concerns of investors have not entirely abated after Axis Bank‘s December quarter numbers. The stock has been under pressure since it reported higher-than-expected slippages in the second quarter.

RBL Bank on track to meet to 35% loan growth guidance: CEO

Speaking to CNBC-TV18, Vishwavir Ahuja, RBL Bank‘s Managing Director and Chief Executive Officer, said unexpectedly high loan growth in the third quarter had put it on track to meet its annual guidance of 30-35 percent.

Axis falls 7% on stress woes but analysts say 'worry not'

Net interest income during the quarter grew by 4.1 percent to Rs 4,333.73 crore compared with Rs 4162.06 crore in year-ago period, with loan growth of 10 percent at Rs 3.47 lakh crore as of December 2016.

Earnings recovery: Yes Bank best placed, says Edelweiss

Speaking to CNBC-TV18, Nilesh Parikh, Associate Director at financial services firm Edelweiss Securities, says he expects strong numbers from Yes Bank in the third quarter.

We hope to have our ATMs recalibrated by Nov 24-25: BoB

Bank of Baroda's Q2 earnings beat estimates as slippages halved on a quarter-on-quarter basis. Speaking to CNBC-TV18 PS Jayakumar, MD & CEO of Bank of Baroda said that long-term impact in terms of use of e-payments would be positive.

SBI NPA problem contained but need to watch out for MSMEs: Pro

Due to the recent ban on Rs 500 and Rs 1000 currency notes to curb counterfieting and crack down on black money, Agarwalla says MSMEs' business will be severly hurt and could lead to slippages.

SBI Q2 profit seen down 30%, slippages from watchlist key

Country's largest lender State Bank of India (SBI) is likely to show a 30.5 percent degrowth in second quarter profit Rs 2,697 crore compared with year-ago period.