Ujjivan Small Finance Bank (SFB) has offloaded a stressed loan portfolio, including written-off loans worth Rs 364.51 crore, to an Asset Reconstruction Company (ARC) for […]
Tag: NPA
Bank of Maharashtra top performer in NPA management during FY23
Bank of Maharashtra (BoM) has emerged as the best bank as far as management of bad loans is concerned with its net non-performing assets (NPAs) […]
NPA of self-help groups down to 1.8 per cent: Rural Development Minister
Non-performing assets (NPAs) of self-help groups (SHGs) have gone down to 1.8 per cent, Union Rural Development Minister Giriraj Singh said on Tuesday and called […]
Bank NPAs to improve to decadal low of 3.8pc by FY24-end: Crisil
Banks’ gross non-performing assets (NPAs) will reduce further to a decadal low of 3.8 per cent by end of FY2023-24, credit rating agency Crisil said […]
Banks reach out to RBI, seek easing of MSME bad loan rules
Banks have reached out to the Reserve Bank seeking relaxation in recognition of non-performing assets in the MSME sector. Banks want that a restructured MSME […]
Indian banks’ gross NPAs likely to touch decadal low of sub-4 per cent by FY24: Study
Bad loans of Indian banks are expected to decline 90 basis points to less than five per cent in FY23 and hit a decadal low […]
Rising interest rates to lower loan sales growth of housing finance companies: IndRa
Housing finance companies are likely to see a marginal dip in their loan sales growth to 12.3 per cent next fiscal in the wake of […]
KV Kamath says digital economy can contribute 25% GDP by FY29
Mumbai, Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Development (NaBFID), expects the digital sector to contribute a quarter […]
Higher cash, quicker resolution help improve redemption ratio for ARCs
The cumulative redemption ratio for security receipts (SRs) issued by asset reconstruction companies (ARCs) has improved to 44% in 2019 from a mere 3% in […]
Indian banks may face rise in bad loans from retail, small businesses: SBI official
Indian banks could see an increase in bad loans in the retail and small business segments from its recent low levels, an official with the […]