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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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3 mins read

Banks write off Rs 14.56 lakh crore NPAs in last nine financial years

Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…

PTI   


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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…

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3 mins read

Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs

Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…

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1 min read

SBI Q1 profit jumps over two-fold to Rs 16,884 cr

The country's biggest bank SBI on Friday posted over two-fold jump in standalone net profit at Rs …

PTI   


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5 mins read

One in every five rupees lent by SBI to individuals, goes to government employees

That is one in every five rupees lent to individual borrowers goes to people working in the gove…

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1 min read

SBI reports strong net profit as bad loan eases down

The total income of the SBI group rose to Rs 1,01,143.26 crore in the quarter under review, co…

PTI   


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1 min read

India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit

Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against …

PTI   


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1 min read

India's largest bank sees profit rise and bad loans shrink

Lending major State Bank of India (SBI) on Wednesday reported a year-on-year rise of 55.25 per cent…

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3 mins read

SBI piles on profit and provision with cash from selling stake in insurance business⁠— bad loans drop

India’s largest lender, the State Bank of India (SBI) continues to soar through the green with a 81…

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3 mins read

India's banking stocks are on fire after top court allows them to call out bad loans

Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…

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3 mins read

India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…

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2 mins read

SBI received restructuring requests for over ₹6,000 crore in October — expects that to more than double over the next three months

India’s largest lender is the first to reveal its restructuring numbers. At the end of October, it …

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5 mins read

SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire, they could need three times more

Banks in India have raised around ₹52 crore ($7 billion) in funds so far and have plans to raise …

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3 mins read

India's largest bank's profit spikes thanks to SBI Cards share sale⁠— bad loans are under control

India’s largest bank, the State Bank of India (SBI), posted a profit of ₹3,480.81 crore for the f…

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2 mins read

SBI Card profit gets squeezed by bad loans, impairment charge, and a big provision for COVID-19

SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall …

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2 mins read

Govt may not announce capital infusion for PSU banks in Budget 2023-24

The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …

PTI   


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4 mins read

Just like SBI, ICICI Bank has created a cash cushion in case bad loans rise

ICICI Bank has been busy raising capital in the month of June and this will not only help boost its…

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4 mins read

From IndusInd to ICICI Bank to SBI ⁠— banks were among the worst-hit despite the government pause on new bad loans

IndusInd Bank, ICICI bank, HDFC bank and SBI were most the top 10 losers on Nifty Bank. Not a singl…

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3 mins read

Home loan rates enter red zone — will dent affordable and mid segment sales the most

The 50 basis point interest rate hike by the Indian central bank was greatly anticipated. So much s…