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About 984 results for "npa"

Signs of recovery? Advance tax for 14 cos up 19%

CNBC-TV18 learns that most public sector banks, who’ve been facing NPA concerns, have surprisingly seen an increase in their advance tax payments. Money Control, 3 days ago

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UBI looks to trim NPA to below 10% in FY15

United Bank of India (UBI) is looking to trim its gross non-performing assets (NPA) to below 10 per cent in FY15. As on June 30, 2014, the bank's gross NPAs stood at Rs 7,097 crore, that is, 10.49 per cent of gross advances, which is much higher ...
 Indian-Commodity1 week ago UBI looking to bring NPAs down to 9% this fiscal  Hindu Business Line1 week ago

The worst of the NPA crisis may not be over yet

The percentage of gross non performing assets (GNPAs) for the banking sector is expected to worsen from 3.9 percent of advances in financial year 2013-14 to about 4-4.2 percent in 2014-15, according a report by ICRA.
 Money Control2 weeks ago NPA for the banking sector to inch up in FY15: Icra  Business Standard2 weeks ago Fixing NPA problem of banking sector, step by step: Kotak  Money Control1 month ago
Business Standard

PFC hopeful of recovering largest Rs 1,100 crore NPA

Power Finance Corporation (PFC), public sector lender to power companies, is working on modalities to recover Rs 1,100 crore from its biggest non-profitable asset (NPA) till date — the 400 mw Shree Maheshwar Hydel Power Project in Madhya Pradesh. The ...
 The Financial Chronicle1 month ago J&K Bank tanks 12% on rise in NPAs, dip in June quarter net  Business Standard1 month ago Dena Bank Q1 net slips 57% on lower other income, NPA jumps  Money Control1 month ago City Union Bank Q1 PAT up 10% at Rs 99.5 cr  Money Control1 month ago
Money Today

Six sectors play NPA spoilsport

(PTI): The Reserve Bank has said about 36 per cent of the overall 4.1 per cent bad assets in the system have been created by six sectors of the economy infrastructure, metals, textiles, chemicals, engineering and mining. However, these sectors have only 30 ...
 The Telegraph3 weeks ago Canara Bank plans to sell Rs 900 cr of bad loans to ARCs  Economic Times4 weeks ago Rising NPA level worries bankers in Odisha  Business Standard1 month ago Canara Bank plans NPAs' cut via Rs 6.5k cr cash recovery  Money Today1 month ago

UCO Bank down 8% on order of NPAs' forensic audit by FinMin

The finance ministry ordered forensic audit in case of non-performing assets (NPA) of the bank and that forensic audit will find out irregularities in loan sanction, reports CNBC Awaaz quoting unnamed sources.
 Money Control3 weeks ago UCO Bank tanks 8% as FinMin orders forensic audit  Business Standard3 weeks ago Lenders want forensic audit of Bhushan Steel  Rediff.com1 month ago

Plan to reduce gross NPA to sub-4% by March: Oriental Bank

In an interview to CNBC-TV18, SL Bansal, CMD, Oriental Bank of Commerce, discusses the bank's earnings and its future plans.
 Money Control1 month ago Aim to bring down gross NPA below 2.5%: Canara Bank  Money Control1 month ago Expect rate cut only by January-February: Canara Bank chief  Hindu Business Line3 days ago

Analysts take: How did SBI manage NII, NPA in Q1 so well?

Goldman Sachs says that decline in stress loan formation and moderate loan growth are major positive contributors to SBI's Q1 earnings. According to Citi, what stands out in the Q1 earnings is SBI's staff and operating costs, both of which have moderated ...
 Money Control1 month ago

Tightened NPA sale norms to bring more discipline: ARCIL

The central bank has said that ARCs will now have to invest and hold minimum 15 percent security receipts as against 5 percent held earlier
 Money Control1 month ago RBI tightens NPA sale norms: How will it impact banks  Money Control1 month ago

Kochhar says NPA crisis of banking sector over

As Indian banks battle a sharp rise in bad loans over the recent past, top banker Chanda Kochhar says that there could be some more addition to the non-performing assets for the industry during the current fiscal, but the worst appears to be over. "There will ...
 Deccan Herald2 months ago Worst behind banking industry on NPA front: Kochhar  Business Standard2 months ago
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