Latest News on Provisioning
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Provisioning - Total results - 10
Feb 14, 2019
Yes Bank shares zoom 31% as RBI finds no divergence in asset classification, provisioning; m-cap rises by Rs 12,025 crFollowing the sharp jump in its shares, Yes Bank's market valuation jumped by Rs 12,025.11 crore to Rs 51,114.11 crore on BSE.
Feb 07, 2017
PNB Q3 profit jumps over 4-fold to Rs 207 crore on lower bad loan provisioningThe public sector lender's total income increased 4.36 per cent to Rs 14,497.65 crore for the quarter under review, from Rs 13,891.2 crore in the year-ago period
Mar 22, 2016
S&P: Indian banks' asset quality to remain weak on sluggish industrial activityS&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
Aug 06, 2015
What new debt recast numbers reveal: No more free lunch to crony promotersThe reduction in June CDR numbers no way indicates that the underlying stress in the books of banks have eased miraculously
Jun 12, 2015
Jaitely’s reluctance to fund banks is dangerous; weak lenders will derail India storyDoes this government have the courage to embrace such a radical reform step?
May 08, 2015
Punjab National Bank's numbers signal persisting pain on public sector banksUntil this point, the script for state-run banks is not that different from what was seen in the recent quarters
Feb 12, 2015
Bank of India plunges 6% after Q3 net falls 70% on high provisioningState-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.
Feb 01, 2013
RBI gets cracking, raises provisioning for recast loansThe provisioning requirements for restructured loans of banks has been raised to 5 percent from existing 2.75 percent. The new norms would be applicable on fresh cases. For existing ones, the raise has been proposed in a phased manner.
Nov 02, 2012
SBI rules out cutting lending rates due to hike in provisioningSBI Chairman said the bank will lose Rs 300 crore because of the additional provisioning requirement while gain from the CRR cut is only Rs 225 crore
Jun 16, 2009
Large Enterprises Underestimate Risk From Terminated Employees: SurveyIT administrators may be overconfident in their ability to prevent data breach threats from zombie accounts, which can cost organisations millions of pounds in damages and tarnish brand reputation.