Currently, the bank has about 10,641 branches across the country
Growth trends still strong; it is well-capitalised, provision coverage is high
An analysis showed a significant surge in credit demand post unlocks after the first and second wave of the pandemic
Net interest income rose by just 0.84 per cent in Q1FY22 to Rs 6,147 crore from Rs 6,096 crore a year ago
Property consultant Anarock, however, said in its report that at least 67 per cent or about $67 billion of the total advances to the sector is now completely stress-free.
RBI data shows, loans written-off by the private sector banks were much lower than their public sector counterparts
The recovery as a percentage of gross non-performing assets moderated to 12.8 per cent in 2020-21 from 15.8 per cent in the previous fiscal year against the backdrop of the pandemic
Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation
National Asset Reconstruction Company Ltd's paid-up capital is Rs 74.6 crore
Here are the best of Business Standard's opinion pieces for Monday
If bankers move fast and preserve the enterprise value of defaulting companies, recovery rate will improve even as the new insolvency law, much like the GST, remains a work in progress
Credit losses should remain high at 2.2 per cent before recovering to 1.8 per cent, says rating agency.
However, the sector is expected to post a healthy revival in the latter part of the year
There were five factors that helped banks contain bad loans in a pandemic year
Invites quotes from Aon to help it in the hiring process
The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance
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
A big step by SC in allowing banks to chase personal guarantors
Apex court says approval of resolution plan does not ipso facto discharge a personal guarantor (of a corporate debtor) of his or her liabilities under contract of guarantee
Total income on a standalone basis, however, was down at Rs 3,832 crore in Q4FY21, as against Rs 4,108 crore in the corresponding quarter of FY20