Chakri Lokapriya, Managing Partner, RSB LLP, says the current Supreme Court ruling on mines, allowing states to collect past dues will mean an outgo of about Rs 60,000 crore for just the PSUs and another Rs 1 lakh crore for the private companies. So, Rs 1,60,000 crore will need to be repaid over the next … Read more
MUMBAI: The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to up to 2.1 per cent by the end of FY25, a report said on Friday. GNPAs are likely to come at 2.5-2.7 per cent in FY24 and will improve further to 2.1-2.4 per cent by the end of … Read more
US-based Avenue Capital-backed Asset Reconstruction Company (India) (ARCIL) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) of Saraswat Bank with a haircut of nearly 86%. Saraswat Bank, one of the largest cooperative banks in the country, sold the NPA portfolio comprising retail and micro, small and medium enterprises (MSME) loans … Read more
Bajaj Auto. Share Price 8363.60 10:04 AM | 16 Feb 2024 240.56(2.97%) Tata Motors. Share Price 944.60 10:04 AM | 16 Feb 2024 24.06(2.62%) Bharat Petroleum Corporation. Share Price 668.95 10:04 AM | 16 Feb 2024 16.21(2.49%) Maruti Suzuki India. Share Price 11350.00 10:04 AM | 16 Feb 2024 259.75(2.35%) Eicher Motors. Share Price 3981.95 … Read more
K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, … Read more
Infosys. Share Price 1612.75 04:05 PM | 12 Jan 2024 118.55(7.94%) Oil And Natural Gas Corporation. Share Price 223.40 04:05 PM | 12 Jan 2024 11.56(5.46%) Tech Mahindra. Share Price 1308.05 04:05 PM | 12 Jan 2024 58.65(4.70%) LTIMindtree. Share Price 6237.05 04:05 PM | 12 Jan 2024 277.11(4.65%) Tata Consultancy Services. Share Price 3882.80 … Read more
The Reserve Bank of India (RBI) has voiced its concerns over elevated levels of gross non-performing assets (NPAs) in urban cooperative banks, although profitability indicators have improved. It has called for a further strengthening of governance standards and risk management practices among other things in its assessment of the sector in the Report on Trend … Read more
SBI Life Share Price 1413.95 03:58 PM | 17 Nov 2023 54.00(3.97%) HDFC LIFE INSURANCE Share Price 651.80 03:59 PM | 17 Nov 2023 16.85(2.65%) Apollo Hospitals Enterprises Share Price 5478.95 03:58 PM | 17 Nov 2023 140.20(2.63%) Larsen & Toubro Share Price 3109.00 03:59 PM | 17 Nov 2023 57.85(1.90%) Hero MotoCorp Share Price … Read more