SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.18% in March 2018: FinMin

Dec 14, 2024

The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent...

J.C. Flowers completes acquisition of Nonperforming Assets from YES BANK in India

Dec 19, 2022

New York [US], December 19 (ANI/PRNewswire): J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing...

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...

Household savings reflect changing consumer preferences

Sep 21, 2023

Between June 2020 and March 2023, the Stock of Household Gross Financial Assets increased by 37.6 per cent, while the Stock of Household Gross...

Gross banks' assets exceed AED 4.2 trillion milestone in February 2024: CBUAE

Apr 29, 2024

Gross banks' assets in the country surpassed the AED4.2 trillion mark by the end February 2024, for the first time in its history, according...

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...