Page 5 - Bad Loans

Expect slippages, credit cost to come down further: Bank of Baroda MD & CEO

Sanjiv Chadha, in an interview with Manojit Saha, says it was a conscious decision not to chase corporate loans and focused on segments offering higher margins

Edelweiss ARC plans to deploy Rs 1,200 crore to acquire bad loans

With improving business environment, it has pegged recoveries to between Rs 5,000 crore and Rs 6,000 crore in FY23. Its assets under management (AUM) stood at Rs 40,251 crore at the end of March 2022

Decline in bad loans to improve profitability of banks: Report

Capital ratios at Public Sector Banks (PSBs) have improved in the past year, helped by capital infusions from the government, it said

Bad loans to decline to 5.6-5.7% level by March 2023, says ICRA

The credit and other provisions are estimated to dip to 1.3-1.4 per cent of advances in FY23 as against an estimated 1.7-1.8 per cent in FY22

Future Retail CEO Sadashiv Nayak quits; group entities default on payments

Future Retail is locked in legal battles with US retail major Amazon and has already become a non-performing asset NPA in the current quarter

NBFCs may see asset quality improve by up to 200 bps going forward: Crisil

RBI postponement of timeline for adhering to new NPA norms, greater economic activity likely to act as tailwinds, says rating agency

New prudential norms: NBFCs get some leeway on bad loans classification

The Reserve Bank allowed some relaxation in the stricter prudential norms announced for all lenders, including shadow banks

SBI expects to recover Rs 8,000 cr from written-off accounts in FY22

Bank's net profit during the quarter surged by 62.27 per cent to Rs 8,432 crore.

Banks' bottom line gets a booster shot as bad loans continue to fall

Gross NPA ratio has come down to 6.9 per cent as of end September 2021, according to Reserve Bank of India (RBI) data

Hard lessons for banks and FIs from a decade of bad infrastructure loans

Loans to the sector became huge NPAs largely due to the practice by lenders of offering unconditional mobilisation advance and time gap between preparation of a DPR and awarding the bid

The devil in retail: Consumer financing may attract closer scrutiny by RBI

The consumer financing business is showing signs of heightened stress

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

Bad loans of small finance banks may go up 70-80 bps by FY22-end

On an overall basis, ICRA expects some reduction in GNPAs in the second-half of FY22

Goodbye shadow banking

Bad loans in some NBFCs will definitely rise but no one should complain. They are no longer shadow banks

A new approach to identify bad loans is needed: Credgenics co-founder

The pile-up of bad loans is a pain point and the pressure is mounting, said Rishabh Goel

RBI new norms likely to increase NBFCs bad loans by one-third: Study

Last month, the RBI had provided clarification on income recognition asset classification and provisioning (IRAC) norms for banks, NBFCs and All-India Financial Institutions

Bad-loan market may see a flurry of activity after lull of past few years

The bad loan market may get a boost from the fact that Centre may not indulge state-run banks anymore by recapitalising them as in the past

Is the worst behind Indian banks?

Bankers are seeing better days ahead with expectations of a pickup in credit growth in the next few quarters as corporate India readies to invest. Let's wait and watch

Over Rs 5-trn recovery made by banks from stressed loans, says PM Modi

PM Modi emphasised that the banking sector must take advantage of the big reforms and schemes as well as the big pool of data that has been created in the country

What to make of the ex-banker's arrest?

The rationale for such humungous bad loans is often the first - genuine business failures