Search result for 'provisioning coverage ratio'

PSU banks see write-offs decline to multi-year lows in FY26 due to better recoveries & lower slippages. NPA ratios improve significantly.

Public Sector Banks (PSBs) report record Rs 1.98 lakh crore net profit in FY26, marking 4th year of profitability. Growth drivers & key stats inside.

Finmin directs PSBs to finalize the 13th Bi-partite wage settlement within 12 months, effective from November 1, 2027. Details inside.

PSU banks are projected to cross Rs 2 lakh crore in profit by FY26, driven by strong credit & deposit growth, & improved asset quality.

Bajaj Finance reports a 6% drop in Q3 net profit to Rs 4,066 crore. Total income rises, but NPAs see a slight increase. Read the full report.

J&K Bank announces strong Q3 FY26 results with a 10.4% rise in net profit to Rs 586.73 crore. Gross NPA declines to 3%.

Union Bank of India reports 9.7% rise in Q3 profit, driven by lower provisions. Net interest income grows, deposit growth lags.

J&K Bank reports net profit of Rs 494.11 crore for July-September, down 11%. First-half earnings rise to Rs 978.95 crore.

RBI Governor Sanjay Malhotra announces a one-year deferral of LCR implementation and emphasizes balancing financial stability with the cost of regulations. The central bank is also reviewing other...

Bajaj Finance reported a strong Q3 FY25 with an 18% rise in net profit to Rs 4,308 crore. Total income surged, and assets under management saw a significant increase. Learn more about Bajaj...

IDFC First Bank reported a 53% decline in net profit for the third quarter ended December 2024, driven by increased provisions due to higher loan slippages. Total income rose, but asset quality...

IDBI Bank reported a 31% surge in net profit to Rs 1,908 crore in the December quarter, driven by lower provisioning and improved interest income. The bank's gross NPA ratio also declined.

Indian bank profitability is expected to moderate in FY26 due to rising bad assets, according to India Ratings and Research. Unsecured retail loans are a key concern, but overall impact is...

ICRA forecasts credit growth to moderate to 9.7-10.3% in FY26, citing high CD ratio and LCR changes. The report also highlights impact on banking sector margins and asset quality.

Canara Bank reported an 11% rise in Q2 net profit to Rs 4,015 crore, driven by improved asset quality and higher interest income. Gross NPAs declined to 3.73% from 4.76% a year ago.

Punjab National Bank (PNB) reported a more than two-fold jump in its profit for the second quarter of FY25, reaching Rs 4,306 crore, driven by improved asset quality and higher interest income.

Indian banks have written off ₹9.90 lakh crore worth of loans in the last five years, with the highest write-off occurring in 2019-20. Despite this, banks continue to pursue recovery actions.

Equitas Small Finance Bank reports a decline in Q1 net profit to Rs 25.75 crore, attributed to a provision for strengthening PCR. Gross advances grew by 18% YoY.

Yes Bank's net profit rose 46.7% in Q1 FY25, driven by lower provisions and strong loan growth. Deposits grew over 20%, and the bank targets 16-17% loan growth for FY25.

RBI report shows bank gross NPAs fell to a 12-year low in March 2024 and are expected to decline further to 2.5% by the end of the fiscal year.

Jammu & Kashmir Bank reports highest-ever annual profit of Rs 1,767 crore for FY24, a 48% increase from the previous year. The bank also saw a significant rise in deposits and advances.

Bajaj Finance reports a 22% jump in Q3 net profit to Rs 3,639 crore, driven by strong growth in assets under management and net interest income. Gross NPAs decline to 0.95% from 1.14% YoY.

IDBI Bank reported a 57% jump in net profit to Rs 1,458 crore in Q3 FY24, driven by lower provisioning and improved interest income. Gross NPA ratio improved to 4.69%, while net NPA declined to...