Mon, Apr 24, 2023
Bank of Maharashtra Q4 results: Interest income grew to Rs 4,495 crore during the period under review, from Rs 3,426 crore in the corresponding quarter a year ago.
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Sun, May 27, 2018
In value terms, the NPAs of these 26 banks were Rs 7.31 lakh crore and have increased by Rs 2.5 lakh crore this year over March 2017. In FY17, the gross NPA stood at nearly Rs 4.82 lakh crore.
Tue, Feb 27, 2018
RBI data suggests that between 2013 and 2017, a total of 17,504 cases of frauds were reported by public and private banks. Of these, about 2,084 had insider involvement.
Tue, Feb 13, 2018
Gross NPAs of banks continue to increase by 34.5% in Q3-FY18 on top of 59.3% last year, while NPA ratio touched 9.45% from 8.34% in December 2016.
Thu, Sep 28, 2017
Demand for power sector is seen tepid for five fiscal years. Analysts expect that stress assets can further arise from this sector and make banks cautious in lending.
Thu, Sep 07, 2017
The Reserve Bank has already identified 50 large stressed accounts that account for two-thirds of the over Rs 8 trillion dud loans and banks have started resolving these assets accounts through the bankruptcy code.
Mon, Sep 04, 2017
Five states have announced farm loan waiver since the start of 2017. RBI along with banks have been very cautious on agriculture sector as credit risk gets hampered in the process.
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