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Total NPAs of banks increase to Rs 3,00,611 cr: Jayant Sinha

Mar 13, 2015

Total NPAs of banks increase to Rs 3,00,611 cr: Jayant Sinha

The minister cited stalled projects, sluggishness in the domestic growth in the last few years and slowdown in the global economy as the key reasons for the increase of NPAs. #Economy #RBI #NewsTracker #NPA #Growth #public sector banks #non performing assets #Jayant Sinha
Earnings: HDFC Bank gets it right with retail focus but corporate demand subdued

Feb 14, 2015

Earnings: HDFC Bank gets it right with retail focus but corporate demand subdued

HDFC banks loan book has grown 17 percent on a year-on-year basis. In the past, the bank had enhanced its focus on the retail loan book, which now constitutes more than half of the overall advances. This is a strategy, which most private banks have adopted in the face of lackluster demand from corporations in a slowing economy. #ICICI Bank #EarningsShow #HDFC Bank #NPA #NPAs #loans
Bank of India plunges 6% after Q3 net falls 70% on high provisioning

Feb 12, 2015

Bank of India plunges 6% after Q3 net falls 70% on high provisioning

State-owned Bank of India (BoI) today reported a steep 70.4 percent fall in net profit to Rs 173.38 crore for the third quarter ended 31 December on account of higher provisioning and subdued growth in interest income. #Bank of India #NPA #bad loans #Provisioning #Q3 earnings
Syndicate Bank Q3 profit falls 20%, NPA concerns persist

Feb 11, 2015

Syndicate Bank Q3 profit falls 20%, NPA concerns persist

State owned Syndicate Bank has registered a decline of around 20 percent in net profit for the third quarter ended December 2014 at Rs 304.99 crore. #NPA #NPAs #Q3 Results #Syndicate Bank #Q3 earnings