bad loans - Latest News, Analysis, Opinion

Rising bad loans cleared off, but recoveries show little improvement, sparking calls for accountability

Banks May See Increase In Bad Loans From Retail & Small Businesses: SBI Official

Economy

According to an official, bad loans may increase because these businesses frequently have weaker cash flows or little equity, which erodes quickly during times of stress and eventually leads to defaults

RBI New Norms Likely To Increase NBFCs Bad Loans By One-third: Study

The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.

Indian NPAs To Rise Again: CRISIL

According to the rating agency, the NPA rise will be led by retail clients and MSMEs. The RBI, last year, allowed banks a one-time restructuring facility to avert the mounting bad loans.

Axis Bank Q1 Net Jumps 94 Per Cent To Rs 2,160 Crore

Income on investments jumped to Rs 3,428.20 crore in the latest June quarter from Rs 2,973 crore in the same period a year ago. Likewise, income from other sources also went up.

Recovery Of Bad Loans Impacted Due To Pandemic, Says Karad

Companies & Markets

Recovery as a percentage of gross non-performing assets (NPAs) of SCBs stood at 13.1 per cent in 2017-18, he said adding it rose to 15.1 per cent in 2018-19 and to 15.8 per cent in 2019-20.

Indian Overseas Bank Q4 Profit Rises Over 2-Folds To Rs 350 Cr

Provisions for bad loans and contingencies for the reported quarter increased to Rs 1,380.46 crore as against Rs 1,060.38 crore parked aside in the corresponding period a year earlier.

Punjab & Sind Bank Returns To Profit Netting Rs 161 Cr In Mar Qtr

Total income during Q4 FY21 was down by 15.2 per cent to Rs 1,940.62 crore as against Rs 2,289.43 crore in Q4 FY20.

Bad Loans and NPAs- What’s the Solution?

Rakesh Tulsiani

Once the banking sector gains expertise in project evaluation and monitoring the risks of project NPAs will be mitigated, and the recovery process will also be strengthened.

BoB Shares Slide By 2.9% After Reports Of Under-Reported Bad Loans

Banking & Finance Regulations

BoB had reported a net loss of Rs 8,339 crore in the year ended March. The adjusted (notional) net loss after taking into account the divergence in provisioning was at Rs 10,998 crore.

IBC Process Helps Recover Rs 70,000 Cr Bad Loans In FY19: Report

The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.

Union Bank Of India Third-Quarter Profit Misses Estimates

Net profit was 1.53 billion rupees ($21.48 million) in the three months to Dec. 31, 2018, compared to a loss of 12.50 billion rupees a year earlier, the bank said

India House Prices To Rise At Half The Rate Of Inflation In 2019: Reuters Poll