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Wake-up call for FM Jaitley: Banking crisis deepens as PSBs' bad loans shoot through the roof

Feb 10, 2016

Wake-up call for FM Jaitley: Banking crisis deepens as PSBs' bad loans shoot through the roof

Punjab National Bank (PNB), India’s second largest state-run bank, logged gross non-performing assets (NPAs) of 8.47 per cent for the December-quarter. Bad loans are loans, where recovery is overdue more than 90 days. #capital #ICICI Bank #Arun Jaitley #Dena Bank #Central Bank of India #Allahabad Bank #net profit #PNB #Bad Debts #Gross NPA #PSBs
Why ICICI Bank's bad loan worries signal continuing pain for sarkari banks

Jan 28, 2016

Why ICICI Bank's bad loan worries signal continuing pain for sarkari banks

ICICI Bank registered a sharp increase in its gross non-performing assets (GNPAs) to 4.72 per cent of total loans in the quarter as compared with 3.77 per cent in the preceding quarter and the 3.40 per cent in the year-ago quarter. #ICICI Bank #Arun Jaitley #Raghuram Rajan #net profit #bad loans #Gross NPA #October-December quarter
ICICI Bank Q3 net profit slips as bad loans surge

Jan 28, 2016

ICICI Bank Q3 net profit slips as bad loans surge

ICICI Bank today reported 4.3 per cent decline in net profit to Rs 3,122 crore for the quarter ended December 31 on account of rising bad loans. #ICICI Bank #NPA #net profit #October-December quarter #Q3-FY2016
Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

Jan 28, 2016

Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

India's banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country's towns that has driven mortgage-loan growth to the fastest rate in at least six years. #Narendra Modi #ICICI Bank #SBI #Axis Bank #Mortgage loan #home loan growth #Jayanthy Lakshmi
Top lenders meet Raghuram Rajan; seek his views on improving asset quality

Dec 15, 2015

Top lenders meet Raghuram Rajan; seek his views on improving asset quality

Bankers, including SBI's Arundhati Bhattacharya, ICICI Bank's Chanda Kochhar, Axis Bank's Shikha Sharma and PNB's Usha Ananthasubramanian met the RBI governor #Asset quality #RBI governor Raghuram Rajan #NPA woes #SBI's Arundhati Bhattacharya #ICICI Bank's Chanda Kochhar
Bank stocks up on govt steps to address NPAs

Nov 27, 2015

Bank stocks up on govt steps to address NPAs

Punjab National Bank closed the day at Rs 144.30, up 3.29 percent and Canara Bank went up by 3.22 to close at Rs 270.80. #Sensex #NewsTracker #ICICI Bank #State Bank of India #HDFC #BSE #Bank of Baroda #Punjab National Bank #NPAs #IDBI
Bank stocks up on government steps to address bad loans

Nov 27, 2015

Bank stocks up on government steps to address bad loans

Shares of banks today went up by about 6 per cent after the government said that it is planning to set up a high-level panel to effectively deal with the issue of mounting bad loans. #Banks #ICICI Bank #SBI #BSE #NSE #Axis Bank #HDFC Bank #shares #IDBJ Bank