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Net NPA of banks rises to 1.68% in 2012-13: RBI

Reflecting deterioration in economic activities, net non-performing assets of all banks have increased to 1.68 per cent of the total loan at the end of 2012-13, according to the Reserve Bank of......

40% of listed banks have less than 1% net NPA

Ten out of 25 listed commercial banks now have less than 1 per cent of their advances in non-performing assets (NPAs). In March 2005, there were only four banks with an NPA level less than 1 per......

NPA sale to get a push this fiscal

In a bid to cut their net non-performing assets to less than 2 per cent, public sector banks are expected to increase the sale of bad loans in the current financial year.In addition, recovery......

Sensex ends 85 points higher to snap two-day losing streak

Index heavyweights ITC was the top gainer along with RIL and HDFC The benchmark Sensex snapped a two-day losing streak, amid a choppy trading session, on renewed buying interest in index......

Axis Bank Q1 profit dips 21% at Rs 1,556 crore

  Private player Axis Bank on Friday reported 21 per cent decline in net profit at Rs 1,555.5 crore (Rs 15.55 billion) for the first quarter of the current fiscal on account of rise in bad......
  Web results for Net Npa
Governance reforms needed in banks for consistency in performance, says Mundra

Reserve Bank of India Deputy Governor SS Mundra said in the absence of strong structural and governance reforms, consistency of banks performance... ...

http://www.thehindubusinessline.com/money-and-banking/governance-reforms-needed-in-banks-for-consistency-in-performance-says-mundra/article9026938.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Union Bank of India trades in green on the bourses

SENSEX 28002.71 12.50 0.04% NIFTY 8635.05 2.45 0.03% Industry: Banks & Finance Company Union Bank of India Union Bank Of... ...

http://www.finalaya.com/News/Union-Bank-of-India-trades-in-green-on-the-bourses-N487300.aspx
RBL Bank IPO receives overwhelming response

The initial public offer (IPO) of private sector bank RBL Bank, erstwhile Ratnakar Bank, received bids for 262.91 crore shares, as per the data on... ...

http://www.capitalmarket.com/cmedit/story28-117.asp?SNo=886652
Banks clear additional Rs 120-cr priority loan to Alok Industries

Lenders to Alok Industries, the highly-indebted textile manufacturer whose net worth has been eroded, have decided to provide the company with Rs... ...

http://www.financialexpress.com/markets/indian-markets/banks-clear-additional-r120-cr-priority-loan-to-alok-industries/355584/
NPA formation decelerating, but some banks still in deep water

NEW DELHI: With the Reserve Bank of India tightening its stance to reduce non-performing assets of public sector banks, S S Mundra, deputy governor... ...

http://www.newindianexpress.com/business/news/NPA-formation-decelerating-but-some-banks-still-in-deep-water/2016/08/24/article3593978.ece

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