RBI cancels licence of Aurangabad-based co-operative bank

RBI cancels licence of Aurangabad-based co-operative bank

The Reserve Bank of India has cancelled the licence of Ajantha Urban Co-operative Bank Maryadit, Aur..

Banks write off Rs 16.35 lakh crore of bad loans in last 10 years

Banks write off Rs 16.35 lakh crore of bad loans in last 10 years

Banks have written off non-performing assets (NPAs) or bad loans worth about Rs 16.35 lakh crore in ..

Punjab & Sind Bank Q3 net jumps 147% to Rs 282 cr amid fall in bad loans

Punjab & Sind Bank Q3 net jumps 147% to Rs 282 cr amid fall in bad loans

Punjab & Sind Bank is poised to clock net profit of over Rs 1,000 crore this fiscal, its managin..

Bank profitability rises for 6th year, bad loans at 13-year low

Bank profitability rises for 6th year, bad loans at 13-year low

Indian banks improved their profitability for the sixth consecutive year in 2023-24 while their gros..

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Chennai-headquartered Indian Bank plans to recover about Rs 7,000 crore of bad loans in the current ..

Indian banks’ bad loan ratio at 12-year low: RBI report

Indian banks’ bad loan ratio at 12-year low: RBI report

The sharp fall in bad loans of Indian banks to a 12-year low of 2.8% and strong GDP numbers will hel..

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Net non-performing assets (NPA) ratio of banks declined to a multi-year low of 0.8% at the end of Se..

Canara Bank Q2 net up 43%, bad loans fall

Canara Bank Q2 net up 43%, bad loans fall

Canara Bank has posted a 43% rise in net profit in the September quarter over the year-ago period, b..

Post-merger, HDFC Bank’s NIM falls, bad loans rise

Post-merger, HDFC Bank’s NIM falls, bad loans rise

HDFC Bank has reported a sharp fall in its lending margin and a rise in bad loans on a sequential ba..

Banks write-off Rs 14.56 lakh crore of bad loans in nine years: Karad

Banks write-off Rs 14.56 lakh crore of bad loans in nine years: Karad

Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting..

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks in India wrote off bad loans worth over Rs 2.09 lakh crore during the fiscal year ended March ..

Union Bank of India to sell 8 bad loan accounts worth Rs 3,000 cr to NARCL

Union Bank of India to sell 8 bad loan accounts worth Rs 3,000 cr to NARCL

Union Bank of India has identified eight stressed accounts worth Rs 3,000 crore to be sold in the cu..

Debadatta Chand takes charge as MD & CEO of Bank of Baroda

Debadatta Chand takes charge as MD & CEO of Bank of Baroda

Debadatta Chand has taken charge as the managing director and chief executive officer of Bank of Bar..

Credit card bad debt doubles to 18% for state-run banks: RBI

Credit card bad debt doubles to 18% for state-run banks: RBI

Bad debt from credit cards in public sector banks has doubled to 18% at the end of FY2023, the Reser..

Banks’ bad loans fall to decadal low, may improve further: RBI

Banks’ bad loans fall to decadal low, may improve further: RBI

The bad loan ratio for Indian banks touched a ten-year low of 3.9% aBad loan ratio for Indian banks ..