Npa Worries

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  Congress Government Forced Banks To Lend To A Few Industrialists, Says PM Modi

  Prime Minister Narendra Modi has assured people that their bank deposits will be safe and that their interests will not be harmed in any way, amid worries over what is being called a "bail-in" provision in a new proposed banking law. PM Modi described them as rumours and asserted that the proposed Financial Resolution and Deposit Insurance (FRDI) B...

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  RBI Promises More Effective Steps To Tackle NPA Pains

  "The present level of NPA resolution is untenable," Governor Urjit Patel said while addressing the media at the customary post-policy presser.

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  No Major Exposure To Stressed Sectors: HDFC Bank

  HDFC Bank, which for the first time in recent years reported a spike in bad loans, on Thursday dismissed worries on the non-performing assets (NPAs) front, saying it does not have a stressed assets portfolio.

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  Defaulters Won't Be Allowed To Sleep Well: Finance Minister Arun Jaitley

  Amid ten state-run lenders suffering losses of over Rs 15,000 crore in the March quarter, Finance Minister Arun Jaitley has promised greater capital support to banks while warning that defaulters cannot be allowed to "sleep well", leaving all the worry to bankers.

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  Bad Loan Worries Overblown, Resolution In Short-Term: Kamath

  Veteran banker and president of the BRICS-promoted New Development Bank K V Kamath on Monday downplayed the NPA (non-performing asset) threats, saying worries about bad debts are overblown and that higher growth will ensure that stressed assets turn productive in the short-term.

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  Icra Downgrades IDBI Bank on Bad Debt Worries

  Rs 5,839 crore of the bank's loans slipped into the NPA category in Q3.

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  Fragile State-Run Banks to Merge With Strong Peers if Worries Persist: Jaitley

  Speaking at an event organised by The Economist here, Mr Jaitley also said that though non-performing assets (NPAs) in the banking sector was a cause of concern, there was no ground to "panic".

• Yes Bank Plays Down Bad Loan Worries After Broker Report

  Yes Bank Ltd, India's fifth-biggest private sector lender by assets, said on Wednesday that it was lending prudently and did not expect a spike in non-performing assets (NPAs) or bad loans, brushing off a warning from analysts at investment bank UBS that sent its shares tumbling.

• J&K Bank Tanks 12% on Asset Quality Worries

  Its gross nonperforming assets increased to Rs 1,887 crore against Rs 783 crore last quarter and its net nonperforming assets stood at Rs 968 crore against Rs 101 crore. As a percentage of total advances its net NPAs increased to 2.18 per cent as against 0.22 per cent sequentially.

• OBC Falls 2% on Asset Quality Worries

  OBC's gross NPA increased to 4.33 per cent of total advances as against 3.99 per cent reported last quarter and 3.36 per cent in the same period last fiscal. Its net NPA as a percentage of total advances stood at 3.11 per cent as against 2.82 per cent sequentially.

• Chidambaram expects rise in bad loans of PSU banks

  Rising bad loans especially among state-run banks have become a key concern for lenders in India where recently a state-run lender, United Bank of India, saw a huge surge in its non-performing loans, triggering worries over its capital needs.

• RBI tightens loan restructuring norms; raises provision to 5 per cent

  Worried over rising non-performing assets (NPAs), the Reserve Bank of India (RBI) on Thursday tightened rules for restructuring of most types of loans in line with global practices.

• PSU bank shares hit over asset quality worries

  Shares in State Bank of India fell 1.2 per cent on concerns of a potential increase in bad loans in the July-September quarter, after other state-run banks such as Punjab National Bank and Indian Overseas Bank posted a surge in non-performing assets.

• IBA for strict norms on education loans under management quota

  Worried over a rise in default on repayment of education loans, the Indian Banks' Association (IBA) asked lenders to impose stricter terms on loans given to students getting admission under the management quota.

• Do rising NPAs reflect an ailing banking sector?

  As worries about an economic slowdown rise investors are starting to fear that the prospects of the Indian banking sector may also turn shaky. Concerns that have been evident on bank stocks in recent days.