Sma 2

A look at the second quarter results of banks suggests that there has been a rise in the special mention category-2 loans (SMA) of some large banks. These can be tricky for the lenders if things don’t go according to plan.

Banks' SMA-2 loans rise in Q2FY25 even as overall asset quality improves

Even though few banks have seen an increase in SMA-2 loans, the asset quality of most banks have improved in the reporting quarter.

Banks' overdue SMA-2 loans rise in Q4 even as overall asset quality improves

According to the Moneycontrol’s analysis of 16 banks, 11 banks have reported an uptick in SMA 2 loans, whereas other 5 seen a decline.

Banks see fall in SMA-2 loans, indicating asset quality improvement

The central bank, in its FSR report in June, said that the asset quality of scheduled commercial banks improved to a 10-year low, with GNPA declining to 3.9 percent in March 2023.

J&K Bank plunges 18% on growth woes, may see losses in FY17

Shares of Jammu and Kashmir Bank crashed 18 percent intraday Thursday on growth concerns. According to CNBC-TV18 sources, the bank is likely to post losses for next couple of quarters and FY17. It is learnt that the management in its conference call with few analysts said that the bank‘s consolidation of balance sheet may take 4-6 quarters.

Closely monitoring RBI-mandated Special Mention A/cs: IDBI Bk

IDBI Bank has about eight accounts totaling credit of Rs 4,591 crore, which repeatedly feature in the SMA-2 category and on which the bank has initiated resolution measures, says MD & CEO, Kishor Kharat.

Bad loans: Bankers in favour of RBI‘s new framework

Indian banking system has seen increase in NPAs and restructured accounts during the recent years.