‘Aim to reduce GNPA ratio to 3% by fiscal-end’ In an interview with Mithun Dasgupta, Prasad says the bank is looking at a minimum of 25% year-on-year growth in… Updated: May 4, 2023 07:52 IST
‘We may acquire an MFI to meet priority lending norms’ MD & CEO Prashant Kumar tells Piyush Shukla the lender could look at portfolio buyouts, co-lending and even an acquisition… Updated: April 25, 2023 08:18 IST
Banks’ gross NPAs in MSME loans drop to 6.1%: Govt data Credit and finance for MSMEs: SCBs’ GNPA ratio in MSME loans in FY22 stood at 7.6 per cent, 7.3 per… March 14, 2023 18:58 IST
Banks’ GNPAs in MSME loans decline to Rs 1.54 lakh crore: MSME ministry Credit and finance for MSMEs: GNPAs in the MSME sector for FY19 and FY20 stood at Rs 1.61 lakh crore… February 2, 2023 19:34 IST
Banks’ GNPAs in micro, small enterprise loans stood at 16.8% in FY22: RBI Credit and Finance for MSMEs: The share of MSE GNPAs for small finance banks in their total NPAs was highest… December 28, 2022 20:38 IST
Now banks can check the probability of an MSME turning NPA. Here’s how Credit and finance for MSMEs: Credit bureau TransUnion CIBIL on Tuesday launched a ranking model for MSMEs FIT Rank in… December 20, 2022 19:31 IST
Lenders want only NPAs to be covered: Banks to seek easier provisioning norms To free up capital, give lending a boost December 19, 2022 05:45 IST
NPAs rose by 365 per cent under Modi govt: Congress slams Centre over “unbridled powers” to PSU banks Congress spokesperson Supriya Shrinate said 38 wilful defaulters have fled the country after swindling banks and asked the government on… Updated: November 22, 2022 15:53 IST
The role of 3Cs in reducing retail NPAs in India For any financial institution involved in the lending activity, it is imperative to understand the borrower’s character. Whether the individual is… November 8, 2022 11:43 IST
SME Artha 2022 | Video: Slippages in MSME sector steadily improving, says BCG’s Neha Gupta Credit and finance for MSMEs: One reason for improving slippages is how MSMEs get better at managing their business and… November 6, 2022 19:05 IST
SBI lines up NPAs over Rs 746 cr for sale in Oct-Nov The auction of NPAs will include accounts of Sintex BAPL with an outstanding of Rs 197.74 crore; Surat Hazira NH6… October 9, 2022 13:41 IST
High NPAs in education loan segment turn banks cautious The ministry exhorted banks to spread awareness about the Central Sector Interest Subsidy Scheme among field formations. Updated: September 25, 2022 15:42 IST
MSME bad loans for banks may rise to 11% in FY24 from 9.3% in FY22: Crisil Credit and finance for MSMEs: “While relief measures did help contain asset quality deterioration last fiscal, the (MSME) segment saw… September 21, 2022 15:21 IST
Bombay Mercantile Co-op Bank more than doubles NPA recoveries in FY22 “During the year, we have also implemented UPI and BBPS services, and our customers can now make payments through Paytm,… September 2, 2022 18:33 IST
Five fraud accounts included: Indian Bank puts Rs 1,013-crore NPAs on sale All the accounts are being offered on a full-cash basis. August 5, 2022 02:20 IST
Know the pitfalls of missing your EMIs On delaying an EMI, the bank will charge you a penalty and your credit score will be adversely affected Updated: June 3, 2022 10:44 IST
NARCL misses deadline for first tranche of NPA acquisition; Rs 50,000-crore pool of 15 assets may be transferred by April Officials at NARCL are still in the process of carrying out due diligence of the assets that have been identified… April 7, 2022 02:15 IST
NARCL: Procedural delays led to non-transfer of NPAs worth Rs 50,000 crore by March 31 The transfer of these 15 Non-Performing Assets (NPAs) is expected to happen very quickly by the end of April. Updated: April 6, 2022 20:20 IST
Parliamentary panel cautions govt against early euphoria over NPA reduction The Standing Committee on Finance in its report tabled in Parliament observed that the banking system appears to have weathered… March 22, 2022 20:10 IST
We expect NARCL’s offers to come in this week: Swaminathan J, SBI managing director for risk, compliance and stressed assets resolution The bank now prefers global auctions of bad loans over Swiss challenges as they maximise recoveries, he added. Updated: March 24, 2022 20:49 IST
RBI March bulletin: Transition to green energy may affect banks’ NPAs The exposure of the banking sector has so far been very limited to alternative sources of energy March 18, 2022 02:30 IST
NaBFID to commence operations in Q1FY23 “From the next quarter, the quarter starting from April, we should be operationalised and have the ability to do the… March 16, 2022 08:44 IST
