Saptagiri Grameena Thrives On Rural Connect
The bank hand-holds farmers through the payment cycle to keep NPAs low.
The bank hand-holds farmers through the payment cycle to keep NPAs low.
Sharp focus on bad loans helps IndusInd Bank tide over Covid lows.
Indian banks have been boosted by rising profitability and declining non-performing assets.
Gross NPA ratio of all scheduled commercial banks declined to an 11-year low of 3.2% at the end of September 2023.
45% cut in gross NPAs contributed by "recoveries and upgradations", shows RBI data
RBI must make public the debtors who are marked 'fraud' and 'wilful defaulter' to stop money laundering, fleeing the country and also to prevent negligence of banks, law enforcement agencies, if any
Non-performing assets have dipped but it's too early to uncork the bubbly as global slowdown impacts export and MSME sectors.
From scanning portfolios to identifying deficiencies in loan sanctions, to central processing cells, Bank of Maharashtra has come a long way.
Profit of Indian lenders grew 38.4% in 2022-23, led by strong growth in net interest income and significant reduction in provisions
The PSU lender has sold its entire 10.01% stake in the asset reconstruction company in a cash transaction.