Search For "non performing assets"
LVB gets an indicative non-binding offer from Clix Group
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 8 (ANI): Beleaguered private sector lender Lakshmi Vilas Bank (LVB) said on Thursday it has received an indicative non-binding offer from Clix Group for the proposed merger.
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Business activity may touch pre-COVID-19 levels by March: Care Ratings
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 22 (ANI): There has been a pick-up in economic activity since the government began gradual relaxations on June 1 after the COVID-19 lockdown but it will be a long way before pre-COVID levels are attained, Care Ratings has said.
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Care downgrades Repco Home Finance's loan facilities, NCDs to AA-minus
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], September 19 (ANI): Care Ratings has revised the rating of Chennai-based Repco Home Finance's long-term loan facilities and non-convertible debentures worth Rs 1,620 crore to AA-minus with stable outlook from AA with negative outlook.
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IOB posts Q1 net profit of Rs 121 crore
Updated : 1 year, 10 months ago IST
Chennai (Tamil Nadu) [India], August 20 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday posted a net profit of Rs 121 crore in April to June quarter as against a net loss of Rs 342 crore for the corresponding period of last fiscal year.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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BoB reports Q1 net loss at Rs 864 crore on higher provisioning
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 10 (ANI): Bank of Baroda on Monday reported a net loss of Rs 864 during the April to June quarter on higher provisioning as compared to a net profit of Rs 710 crore in Q1 FY20.
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DCB Bank Q1 gross NPAs jump to Rs 622 crore
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): Private sector lender DCB Bank on Saturday reported a marginal decline in its net profit for Q1 FY21 at Rs 79 crore as compared to Rs 81 crore in the same period of last financial year.
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Bank of India clocks Q1 net profit of Rs 844 cr on lower provisions
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 3 (ANI): Government-owned Bank of India on Monday reported a net profit of Rs 844 crore in the April to June quarter, up 247 per cent from Rs 243 crore in a year-ago period.
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SBI Q1 profit up 81 pc to Rs 4,189 cr on one-time gain
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported 81 per cent year-on-year jump in its net profit at Rs 4,189 crore for the quarter ended June compared to Rs 2,312 crore in the same quarter last year.
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 1 year, 11 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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Yes Bank Q1 profit plunges 60 pc to Rs 45 crore, total provisions pegged a
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): Yes Bank on Tuesday reported 60 per cent dip in its net profit at Rs 45 crore for the quarter ended June 30 as compared to Rs 114 crore in the corresponding quarter of last year.
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Kotak Mahindra Bank Q1 profit dips 10 pc to Rs 1,244 cr
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 10 per cent fall in its standalone profit after tax at Rs 1,244 crore in the April to June quarter.
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