Private sector banks have seen an 81.5% surge in NPA provisions in the December quarter, driven by a significant rise in provisions by banks like Axis Bank and Kotak Mahindra Bank. Meanwhile, public ...
This new system introduces a three-stage classification: sub-standard, doubtful, and loss assets. , Economy, Times Now ...
Mumbai: Indian banks lack data to adapt their loan provisioning practices to comply with RBI’s proposed new NPA provisioning framework. The framework — ‘expected credit loss’ (ECL) — aims to align ...
State-owned renewable energy sector financier Indian Renewable Energy Dev Agency (Ireda) does not see long-term stress from its exposure to troubled Gensol Engineering, its Chairman and Managing ...
Aided by strong operational performance and significantly lower NPA provisioning, Punjab National Bank (PNB) on Monday reported a 137 per cent increase in consolidated net profit for the quarter ended ...
Public sector undertaking (PSU) banks have gained significant attention from investors over the past few quarters following their improving financial condition and better asset quality. The Nifty PSU ...
Axis Bank Ltd., for the second quarter which ended September 30, 2025, reported 26% drop in standalone net profit to ₹5,090 crore as compared to the year ago period due to Reserve Bank of India’s ...
The new Income Tax Bill intends to resolve the long-standing dispute over the definition of Non-Performing Assets (NPAs). The Select Committee has also called for more clarity on the proposed ...
Healthy credit quality and ample capital make large Indian lenders adequately prepared to transition to the expected credit loss-based provisioning framework due in a little over one year. The ECL ...
Dec 21 (Reuters) - Indian Overseas Bank: * INDIAN OVERSEAS BANK - IN 2016-17, ACCOUNTS , CO GAVE 'ADEQUATE CLARIFICATION' TO REDUCE DIVERGENCE IN GROSS NPA AND IN PROVISIONING OBSERVED BY RBI Sign up ...
The aim was to keep the banking sector safe from potent NPAs. Banks were robbed of safe lending opportunities in infrastructure. Infrastructure building has been one of the top agendas of the Narendra ...