Govt says 10 PSBs transferred NPAs of over Rs. 11,617 crore to NARCL from Jan-Nov 2023
A total of 10 Public Sector Banks (PSBs) have transferred Non-Performing Assets (NPAs) of over Rs 11,617 crore to NARCL
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Non Performing Assets
In five years, banks write down Rs. 10.57 trillion and recover Rs. 7.17 trillion in non-performing assets.
According to information provided by the government to Parliament, banks have written down Rs 10.57 lakh crore over the last
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As bad loans decrease, CSB Bank’s profit increases by 10% to Rs. 133 crore.
Kerala-based CSB Bank, reported a 10.4% increase in net profit to Rs 133.17 crore in the second quarter of the
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Profit at the Central Bank of India soars to Rs. 605 crore, up 90%.
Due to strong core income growth and a decline in bad loans, the Central Bank of India reported a 90%
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Increase in bank lending to corporate
Data from major banks indicate that there has been a sustained growth in business loans. This assumes significance as loans
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RBI Circular on Stressed Assets
RBI circular on mandating early detection and resolution of stressed assets was termed ‘impractical’ by the power ministry and a
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Ex-GM of IDBI Bank booked for Rs 445 core fraud
Former General Manager of IDBI Bank and 30 others were booked by CBI for allegedly cheating the bank to the
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