RBI flags concerns over rising delinquency in unsecured lending, calls for stricter vigilance
Dec 27, 2024, at 01:42 pm
Mumbai/IBNS: The Reserve Bank of India (RBI) has raised concerns about increasing delinquency and leverage in unsecured loans, urging heightened vigilance despite a slowdown in credit growth.
UCO Bank Q4 results: Net profit jumps three-fold to Rs 312 cr, dividend remains undeclared
May 14, 2022, at 01:44 am
Kolkata/IBNS: The 95 percent state-owned UCO Bank registered a net profit jump of 290 percent to Rs 312 crore in the quarter ended March 2022 as against Rs 80 crore in quarter ended March 2021.
Dec 30, 2021, at 08:25 am
Mumbai/IBNS: The Reserve Bank of India has said the gross non-performing assets (GNPAs) of banks may jump from 6.9 percent in September 2021 to 8.1 percent by September 2022 under the baseline scenario and to 9.5 percent under a severe stress scenario, the Reserve Bank of India (RBI) said in its Financial Stability Report (FSR) on Wednesday.
PSU Banks' Gross NPAs drop to 6.9 pc in Sept 2021 against 8.2 pc in March 2020: RBI report
Dec 29, 2021, at 02:23 am
Mumbai/IBNS: The gross non-performing assets (NPAs) of scheduled commercial banks (SCB) as reduced to 6.9 percent at the end of September 2021 from 7.3 percent at the end of March 2021, the Reserve Bank of India said in its report on Trend and Progress of Banking in India 2020-21.