Three killed in northern Mindanao clashes

Its net interest income (NII) was up 23 percent at Rs 633 crore versus Rs 516 crore, Year-on-Year. Its gross NPA at 1.62 percent versus 1.61 percent; net NPA unchanged at 0.14 percent, on a squential basis. Its provisions was up at Rs 176.6 crore ...

The bank did manage to cut down NPA levels during the quarter ended 31 March 2013, compared to the previous quarter.

In an interview with ET Now, Shubhalakshmi Panse, chairman & managing director, Allahabad Bank, speaks about NPA, growth and future outlook. Excerpts: ET Now: What led to the sharp increase in your restructured assets? What is the pipeline looking ...

Bank of Baroda and Union Bank, expect to restructure loans worth Rs 4,800 cr in the first quarter alone as borrowers approach them for debt recast. KOLKATA/MUMBAI: Banks may continue to face tough times for yet another quarter as borrowers, facing business ...

Despite UCO Bank disappointing the street on Tuesday with its fourth quarter result, S Chandrasekharan, ED of the Bank sees strong recoveries in this quarter.

Syndicate Bank is planning to bring down non-performing assets (NPA) and it has drawn up a strategy for the same. It has decided to implement stressed tiny assets recovery programmes, other than providing one-time settlements by conducting 'Synd ...

Tags: Finance Minister P Chidambaram | Debt Recovery Tribunal | P Chidambaram | Business News Existing options for NPA recovery aren't working Finance minister P Chidambaram has been urging bankers to go after wilful defaulters, even commenting ...

TM Bhasin, chairman and MD, Indian Bank says, in an interview to CNBC-TV18, that there will be no cut in lending rates and going ahead, net NPA is expected to be less than 2 percent.

CNBC-TV18's Gopika Gopakumar reports that Winsome Diamonds could be the next big non-performing asset (NPA) on the books of 15 banks. After rating agencies downgraded the Rs 4,000-crore Winsome Diamonds, lenders say payments could be delayed, but they are ...