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asset quality news

Canara Bank Q1 net profit up 10% to ₹3,905 crore

Interest income grew to ₹28,701 crore during the period under review, from ₹25,004 crore in the corresponding quarter a year ago.
business
Published on Jul 25, 2024 02:33 pm IST

Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend

Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend
business
Updated on May 08, 2024 02:08 pm IST

IndusInd Bank's Q4 profit jumps 50% to ₹20.41 billion

Provisions dropped 29.5% to 10.30 billion rupees, the company said in an exchange filing.
business
Published on Apr 24, 2023 04:34 pm IST

A pragmatic move by RBI

PREMIUM
And at a time when rapid rate tightening — the interest rate has gone up by 2.5 percentage points since May — has especially pinched retail borrowers, the pause should provide some relief.
editorials
Published on Apr 06, 2023 07:34 pm IST

Centre aims to make India 3rd largest economy by 2025: Anurag Thakur

Minister of state for finance and corporate affairs Anurag Thakur addressing mediapersons at CII’s northern region headquarters in Sector 31, Chandigarh, on Sunday.
chandigarh news
Published on Mar 02, 2020 12:28 am IST

SBI misses fourth-quarter profit estimate, provisions up quarter-on-quarter

The Indian banking sector has been plagued by record levels of bad loans for years, and state-run lenders including SBI account for the biggest share of the pile.
business
Updated on May 10, 2019 02:52 pm IST

Expect India’s real GDP to grow 7.2% in FY 18-19, says Moody’s

A farmer winnows paddy crops at a field on the outskirts of Agartala, the capital of the northeastern state of Tripura, on December 2, 2018.
business
Updated on Dec 03, 2018 10:13 am IST

The RBI can do better than this on the autonomy front

There is some concern in the government that the books of banks have deteriorated under the RBI’s watch, and that the blame for this is being passed on without adequate accountability
analysis
Updated on Oct 31, 2018 12:01 pm IST

Merger of Bank of Baroda, Vijaya Bank and Dena Bank credit positive, says Moody’s

The combined institution would have the second largest branch network, with about 9,500 outlets nationwide, Moody’s added.
business
Published on Sept 20, 2018 04:12 pm IST

Fitch downgrades PNB’s viability rating on deteriorating credit profile

A man reads a newspaper outside a branch of Punjab National Bank (PNB) in Ahmedabad.
business
Published on Jun 04, 2018 05:26 pm IST

Regulator unearths nearly $7 billion worth bad loans at big PSU banks

A man walks past the signboard displayed at the State Bank of India main branch in Mumbai.
business
Updated on May 29, 2018 11:35 am IST

Bank of Baroda posts ₹3,102 crore loss for Q4 as bad loans surge

The Bank of Baroda headquarters is pictured in Mumbai.
business
Updated on May 25, 2018 07:26 pm IST

RBI puts Dena Bank under prompt corrective action, bars from giving fresh credit

DENA BANK
business
Updated on May 12, 2018 12:41 pm IST

ICICI shares soar, CEO Kochhar says bank getting grip on bad loan problem

ICICI Bank’s soured assets have weighed on the bank’s shares, which are the worst performers among private-sector peers since May 2009, when Kochhar took over as CEO.
business
Updated on May 08, 2018 12:27 pm IST

HDFC Bank profit up 20% to ₹4,799.3 crore in Q4, to raise up to ₹50K cr

HDFC bank in Connaught place in New Delhi, India.
business
Updated on Apr 21, 2018 07:33 pm IST
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