Bank stocks edge lower on asset quality worries
Bank stocks came under selling pressure today, falling by up to 2 per cent, after Standard & Poor's said their asset quality and capitalisation are likely to remain under pressure in the next 12 months.
Mar 23, 2016, 14:18 PM ISTStressed loans to add $16 billion to Indian banks' capital needs
Most state-run lenders have high levels of bad loans and their shares are trading below their book values.
Aug 06, 2015, 13:34 PM ISTBank results indicating asset quality stability: RBI
Reserve Bank Deputy Governor S S Mundra on Wednesday said initial trends from banks' first quarter results indicate some stability on asset quality.
Jul 29, 2015, 15:22 PM ISTAndhra Bank Q1 net up 89.27% at Rs 202.52 crore
Andhra Bank on Saturday reported a 89.27 percent jump in Net profit at Rs 202.52 crore for the first quarter ended June 30, 2015, on improved asset quality.
Jul 25, 2015, 14:28 PM IST17 projects turn non performing assets: Govt
About 23 percent of the 74 projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.
May 12, 2015, 18:19 PM ISTLoans worth Rs 54,000 cr granted by public banks turned NPAs
About 23 percent of the projects to which public sector banks provided loans worth about Rs 54,000 crore in 2014-15 have turned non-performing assets (NPAs), Parliament was informed on Tuesday.
May 12, 2015, 17:17 PM ISTAsset quality woes not over for banks; GNPAs to rise: Crisil
The scheme allows banks to refinance or sell long-term project loans after every five years. For banks to avail such a facility, the loan tenor cannot be more than 25 years.
May 12, 2015, 15:06 PM IST