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About 1192 results for "npa"

FM Arun Jaitley to meet heads of PSBs, to discuss NPA among ot...

NEW DELHI: Amid mounting bad loans and record losses by several public sector banks, Finance Minister Arun Jaitley will hold a meeting with the heads of PSBs on June 6 to find ways to deal with the situation. The meeting will review the annual ... Economic Times, 1 hour ago

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Irish Times, 1 day ago, 12 minutes ago, 1 day ago
Eye Witness News, 1 day ago
I Grafix, 1 day ago, 2 days ago, 2 days ago
Daily Maverick, 2 days ago, 2 days ago
Eye Witness News, 1 day ago

NPA Crisis: Stay away from PSU banking mutual funds

Equity funds focused on banking stocks continue to be weighed down by the gloom surrounding the sector. Over the past year, this fund category has tailed international funds as the worst performing category, clocking a negative return of 7.53%. ...
 Economic Times1 day ago Will banking rally sustain?  Business Standard5 days ago Assess sector's prospects before joining banking rally  Business Standard6 days ago Is it the right time to invest in bank stocks?  Rediff.com1 month ago
India Infoline

Bajaj Finance Q4 cons net profit at Rs.315 crore

The NII was at Rs.1015.4 crore.Gross NPA for the quarter was at 1.23%. Bajaj Finance Ltd has announced the following results for the quarter & year ended March 31, 2016: The Unaudited Standalone results for the Quarter ended March 31, 2016 The Company has ...
 India Infoline1 day ago Bank of India Q4 net loss at Rs.3,857 crore; NPA at 7.79%  India Infoline1 day ago IDBI Bank Q4 loss at Rs 1736 cr, provisions up 159%; NPA spikes  Money Control5 days ago IDBI Bank posts Rs 1,736-crore loss for March quarter  Business Standard5 days ago
Business Line

Bank chiefs will not be questioned over NPA resolution decisions: Rai

In what should be music to the ears of bankers, Banks Board Bureau (BBB) Chairman Vinod Rai has said that in the next fortnight the Board will put in place a new intermediate mechanism that will provide cover to bank chiefs on their bad-loan resolution ...
 Business Line4 days ago Intermediate mechanism for NPA resolution on anvil: Rai  Times of India5 days ago 'New intermediate mechanism to provide comfort to bank chiefs on NPA resolution'  Business Line5 days ago 'Intermediate mechanism for NPA resolution'  Deccan Herald4 days ago

Will look to trim gross NPAs to 2.5% in FY17: Karnataka Bank

The bank saw a drop in gross NPA levels to 3.44 percent in FY16 from 2.95 percent in year before. This was mainly because of the bank's limited exposure to steel companies and large corporates, says Managing Director P Jayarama Bhat.
 Money Control5 days ago Reserve Bank defends delay in referring African Bank report to NPA  Moneyweb6 days ago DA says Reserve Bank has referred Abil report to NPA  BDlive1 week ago 50% of NPAs will reverse in the first quarter of FY17: TFCI  Money Control1 week ago

Banks get serious, plan to sort of NPA mess soon

The cumulative loss of 20 state-run lenders stood at Rs 14,000 crore during Q4 The Banks Board Bureau (BBB) would put in place an interim mechanism to resolve bad loans issue by June 15, its chairman Vinod Rai said recently. The announcement comes amid huge losses reported by public sector banks in the fourth quarter of 2015-16 due to high provisioning for non-performing assets. The proposed mechanism in the works will help analyse some of the processes to help banks overcome their ...
 Rediff.com2 days ago Depreciation account: In NPA drive, banks sitting on a scrap head  Economic Times1 month ago 20 PSU banks loss stand at Rs 16,272 cr in Q4, should you invest in them?  Financial Express2 days ago 20 PSU banks loss stands at Rs 16,272 cr in Q4, should you invest inthem?  Yahoo! India2 days ago

Why banks need to recognise NPA problem at the earliest to preserve economic value of their assets

A careful analysis of the figures present by Mundra shows that while PSBs increased their profits (between 2012-13 and 2015-16) by 110% (see chart) Indian private sector banks increased their profits by 175% The post Why banks need to recognise NPA problem at ...
 First Post.com4 days ago Banks need to recognise an NPA when it happens, says YH Malegam  Money Control1 month ago

Cheap valuation makes analysts bullish on South Indian Bank despite NPA concerns

South Indian Bank surprised the Street with its dismal performance in the fourth quarter of 2015-16. Unexpectedly, the bank's net interest income ( NII) and net profit for the quarter fell compared to the preceding quarter. Asset quality concerns ...
 Economic Times2 days ago Bank of India says it is "cautiously optimistic" about improved performance in FY17  Reuters UK23 hours ago

Nifty could flirt with 8000 levels, but monsoon is key: Ambit

Earnings have started to bottom out only now, while banks are still reeling under NPA pressure, pushing away the multiplier effect for markets, says Andrew Holland, CEO, Ambit Investment Advisors.
 Money Control2 days ago

Are NPA-hit bank stocks worth investing now?

The RBI may have gone a little easy on banks while reviewing their asset quality but bad loans show no sign of abatement. Many lenders, especially the public sector ones, have reported higher asset quality slippages requiring higher provisioning for ...
 Economic Times1 week ago Banking sector: More bad news expected  Economic Times2 days ago PSB bad loans inflict collateral damage to private banks  The Financial Chronicle2 months ago
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