Non Performing Assets

  • State Bank of India Q3 net profit dips 34% at Rs 2,234 crore 14-02-2014 03:07 PM

    Mumbai: State Bank of India (SBI) on Friday posted a 34 per cent decline in net profit at Rs 2,234.34 crore for the third quarter ended December 31, 2013 on account of higher provisioning for bad loans. The country's largest bank had a net profit of Rs 3,396 crore on...
  • NPAs not alarming, but time for corrective steps, says Raghuram Rajan 18-12-2013 03:40 PM

    Asserting that the level of bad loans is not alarming, Governor Raghuram Rajan on Wednesday said the Reserve Bank has come out with a discussion paper on stressed asset management to prevent any further threat to the system and revive units that have the potential to generate revenue. "The level...
  • Indian banks healthy but stress signals showing 05-10-2011 11:42 AM

    The past three months have been tough for Indian banking. High interest rates and threats of a global recession have taken their toll on bank stocks. The NSE banking index fell 15 per cent compared with the Niftys 11 per cent slide in the past three months. Indian banks, ironically,...