Tag Archives: NPA

United Bank net loss at RS 345 crore

The lender had posted a net loss of Rs 211.46 crore for the first quarter of the current fiscal. State-run United Bank of India on Monday reported a whopping net loss of Rs 344.83 crore for the second quarter ended ...

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IDBI Bank’s Q2 profit tanks as NPAs swell

IDBI Bank on Tuesday reported a net loss of Rs 197.84 crore for the September 2017 quarter, compared to a Rs 55.5-crore profit a year ago, owing to a manifold jump in provisions for bad assets. IDBI Bank on Tuesday ...

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HDFC Bank net up 20%; NPAs also rise

As the number employees fell by nearly 9,000 from its peak of 95,000 achieved in September 2016, the bank’s cost to income ratio declined to 42.6 per cent from the 45.9 per cent. HDFC Bank, India’s second-largest private lender, has ...

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Axis Bank reports NPA divergences of Rs 5633 cr, reveals exposure to 20 insolvency a/cs

The third largest private sector lender reported a 35.5 percent rise in net profit backed by lower provisions towards the bad loans, fee income growth and stable loan growth Despite robust profit numbers in the second quarter of FY18, Axis Bank witnessed ...

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Viral Acharya Blames RBI’s Forbearance Schemes For NPA Issue

Stating that banks should not be given more than three months to rectify a dud asset, RBI’s Viral Acharya said if a resolution does not work out, the lenders should initiate bankruptcy proceedings right away. Mumbai: RBI Deputy Governor Viral ...

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