Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
Poddar-Mallya agreement on running MCF likely to be re-worked.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Move comes after the country's monetary authority tightened credit norms
Letter to corporate affairs ministry cites slowing economy, capital challenges.
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.
Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.
Writes to shareholders highlighting its performance, governance practices.
According to RBI sources, some banks had extended credit to existing borrowers to repay their debt, known as evergreening of loans in banking parlance.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
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