Page 2 - Asset Quality Review

Rising Covid cases may add to asset quality risks of NBFIs: Fitch

Fitch Ratings on Friday said the rising COVID cases may delay recovery in MSME and microfinance lending, and add to asset quality risks of non-banking financial institutions.

Banks likely to post 36.3% rise in Q3 net profit at Rs 38,153 crore

The bad loans saw a dip in Q2, both in absolute and percentage terms. The trend is likely to prevail in Q3

Banks see uptick in credit growth; asset quality likely to improve

"An increase in bond yields would impact treasury performance," Motilal Oswal Securities said.

Asset quality set to worsen, but banks resilient enough: RBI report

The GNPA ratio of PSBs, which was 8.8 per cent in September this year, may deteriorate to 10.5 per cent by September 2022 under the baseline scenario

Asset quality of NBFCs worsens in H1 amid Covid-19 pandemic: RBI report

The pandemic posed significant challenges to NBFCs during the first wave (2020) also

Dramatic improvement in asset quality post June: Amitabh Chaudhry

'The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner', said Chaudhry

Small ticket personal loans delinquencies shoot up in FY21, NBFCs most hit

Small ticket personal loans segment has witnessed a huge surge in asset quality stress for lenders in the pandemic-affected FY21, with NBFCs taking the maximum brunt

Retail and MSMEs likely to see rise in slippages, say bankers

The current level of NPAs masks the actual pain due to restructuring done under regulatory packages, both in 2020 and this year

AU Small Finance Bank jumps 7% as firm clarifies on recent managerial exits

The management clarified on the recent exits in the bank, including on the resignation of internal audit head, Sumit Dhir, saying he resigned following personal reasons

Asset quality risks on rise, but Indian banks can absorb loss: Moody's

Coronavirus outbreaks triggering strict containment steps will impede economic recovery and erode borrowers' debt repayment capacity, increasing their asset risks, says agency

SBI Card gains 4% on strong June quarter results

Asset quality improved with GNPA at 3.91 per cent versus 4.99 per cent QoQ while RBI RE book was down from 8 per cent to 6 per cent, sequentially

Second wave: Too early to take call on asset quality dip, says SBI chief

Despite limited lockdowns this time, economic impact will be felt, household income takes a hit

Second wave: HDFC Bank concerned over retail asset quality in near-term

Borrowers who had to avail cover under regulatory dispensations like moratorium and restructuring after the first wave will be the highest impacted, its chief executive said

RBI relief will only delay stress for financial institutions, says Fitch

Measures would help for 12-24 months but at the expense of delaying the resolution of asset-quality problems, says agency.

Microfinance collections may dip 8-10% sequentially in April: Icra

Healthy liquidity buffers maintained by most entities provide some comfort

CARE Debt index improves by 33 bps in April on better asset quality

Improvement was backed by enhancements in higher rated debt paper. As it is contemporary with minimum time lags, the health of debt and credit markets is encapsulated on a near-real-time basis

Covid-19: MFIs to face asset quality pressures in near term, says report

The microfinance industry is likely to face asset quality pressures in the near term due to the recent surge in COVID-19 infections and localised restrictions, says a report.

Bank earnings: Loan growth to improve, SC gives clarity on asset quality

Lenders are expected to show quarter on quarter improvement in loan growth, say analysts.

Bank asset quality may suffer as impact of relief measures dwindles: Icra

Rating agency has estimated that gross NPAs (excluding write-offs) will rise to 9.6-9.7% by March 31, 2021 and 9.9-10.2% by March 31, 2022 from 8.6% as of March 31, 2020

Moody's upgrades IndusInd to 'stable' outlook, affirms long-term ratings

The lender's asset quality slipped marginally in the economic disruption caused by the Covid-19 pandemic, says agency.