Asset Quality

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Asset Quality - Total results - 35
Coronavirus outbreak: S&P says pandemic to deteriorate asset quality of lenders; cuts Axis Bank, ICICI Bank outlook
Business

Coronavirus outbreak: S&P says pandemic to deteriorate asset quality of lenders; cuts Axis Bank, ICICI Bank outlook

Kotak Mahindra Bank's robust capitalisation, strong management, and better than peers asset quality was also appreciated while affirming the ratings.

Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, IndusInd top losers
Business

Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, IndusInd top losers

Bank shares on Friday dropped up to 15 percent after Moody's Investors Service changed the outlook for the Indian banking system to negative from stable

COVID-19 impact: Moody's changes outlook on Indian banks to negative from stable; move triggered by disruption in economic activity
Business

COVID-19 impact: Moody's changes outlook on Indian banks to negative from stable; move triggered by disruption in economic activity

Moody's said Banks' asset quality will deteriorate across the corporate, small and medium enterprises and retail segments, leading to pressure on profitability and capital.

RBI directs banks/FIs to assess impact on balance sheet, asset quality due to coronavirus outbreak
Business

RBI directs banks/FIs to assess impact on balance sheet, asset quality due to coronavirus outbreak

The RBI has asked financial entities to encourage their customers to use digital banking facilities as far as possible

RBL Bank Q3 profit slips 69% to Rs 70 cr on rise in bad loans; net interest income up 41% to 923 cr
Business

RBL Bank Q3 profit slips 69% to Rs 70 cr on rise in bad loans; net interest income up 41% to 923 cr

However, total income increased to Rs 2,64,430 crore as against Rs 1,029.20 crore for the same period year ago, RBL Bank said in a regulatory filing.

ICICI Bank second quarter profit plunges 28% to Rs 655 cr; lender's asset quality improves at 6.37%
Business

ICICI Bank second quarter profit plunges 28% to Rs 655 cr; lender's asset quality improves at 6.37%

ICICI Bank missed its second quarter net profit estimates due to higher tax expenses of Rs 3,712 crore.

Karnataka Bank shares decline nearly 3% after lender's disappointing second quarter results
Business

Karnataka Bank shares decline nearly 3% after lender's disappointing second quarter results

Karnataka Bank had posted a net profit of Rs 111.86 crore in the corresponding July-September quarter of the previous fiscal ended March 2019.

Axis Bank shares decline nearly 5% after lender's first quarter earnings fail to cheer investors
Business

Axis Bank shares decline nearly 5% after lender's first quarter earnings fail to cheer investors

Axis Bank had posted a net profit of Rs 701.09 crore in the April-June quarter of the previous fiscal year.

SBI reports Rs 838 cr net profit in March quarter as bad loans decline to 3%; income rises 11% to Rs 75,670 cr
Business

SBI reports Rs 838 cr net profit in March quarter as bad loans decline to 3%; income rises 11% to Rs 75,670 cr

For the full year 2018-19, SBIreported a consolidated net profit of Rs 3,069.07 crore. While there was a loss of Rs 4,187.41 crore in the entire 2017-18.

RBL Bank Q4 net profit jumps 39% to Rs 247 cr, income surges 41% to Rs 1,148 cr
Business

RBL Bank Q4 net profit jumps 39% to Rs 247 cr, income surges 41% to Rs 1,148 cr

The asset quality of the bank strengthened with the gross non-performing assets (NPAs) falling to 1.38 percent of gross advances as on March 2019 from 1.40 per cent in the year-ago period.

Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBI
Business

Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBI

GNPAs of state-run lenders improved to 14.8 percent in September 2018 from 15.2 percent in March 2018, the report said.

NBFCs' asset growth to halve to 10% in H2 on liquidity woes; disbursements decline by 20-40%: Crisil report
Business

NBFCs' asset growth to halve to 10% in H2 on liquidity woes; disbursements decline by 20-40%: Crisil report

The NBFCs, including housing finance companies, had notched up a 20 percent growth in their assets under management for the first half of the fiscal ending September.

Narendra Modi govt’s bid to water down RBI’s PCA norms may give it political dividend, but is disastrous for economy
Business

Narendra Modi govt’s bid to water down RBI’s PCA norms may give it political dividend, but is disastrous for economy

The NPA levels will spike further as there is no change in the ground-level economic situation.

RBI's move on NPA resolution credit-positive for banks, to improve overall asset quality: Moody's
Business

RBI's move on NPA resolution credit-positive for banks, to improve overall asset quality: Moody's

The Reserve Bank of India move is credit-positive for banks because any meaningful resolution under this plan can help improve their overall asset quality

Banks asset quality stress needs to dealt first: Raghuram Rajan
Business

Banks asset quality stress needs to dealt first: Raghuram Rajan

Stressing on need to continue with sound domestic policies and reforms, RBI Governor Raghuram Rajan today said banks' asset quality stress has to be dealt first in order to revive the credit growth.

S&P: Indian banks' asset quality to remain weak on sluggish industrial activity
Business

S&P: Indian banks' asset quality to remain weak on sluggish industrial activity

S&P also says profitability of Indian banks to decline over the next two to three quarters because banks recently cut base lending rates, and their credit costs are likely to remain high

Lenders' asset quality worsened in past six months, says RBI's stability report
Business

Lenders' asset quality worsened in past six months, says RBI's stability report

Bad loans increased to 5.1 percent of total advances of the banking system for the quarter ending September 30, 2015, from 4.6 percent in March 2015

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

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