Banks' asset quality remains monitorable despite lower increase in NPAs: ICRA

Apr 06, 2021

New Delhi [India], April 6 : Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to...

BoI reports divergence of Rs 63 crore in gross NPAs

Jan 08, 2021

Mumbai (Maharashtra) [India], January 8 : Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020...

Asset quality of banks improves to decadal high at end-September: RBI

Dec 27, 2023

The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and...

Union Bank of India profit jumps 61 pc in fourth quarter

May 07, 2023

In the reviewed quarter, the bank had strong growth in terms of advances and deposits year-on-year, while a sharp decline has been seen in...

PSU banks' gross non-performing assets showed a declining trend over the last five years: MoS Finance

Aug 06, 2024

The gross NPAs (GNPA) of SCBs have shown a declining trend over the past five yeaRs As of March 31, 2020, the GNPA stood...

RBI says India's banking sector is sound and resilient, Gross NPA is below 3 pc

Jun 07, 2024

India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted...