Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Bank balance sheets robust as NPAs fall
The New Indian Express Vishakapatnam
|December 27, 2024
RBI report says focus on cleaning up books has led to bad loan ratios dropping to 13-year lows
THE financial position of the banks has stayed robust, marked by the sustained expansion in assets and also liabilities/deposits, while their continuing focus on cleaning up their books has led to the gross bad loan ratios dropping to 13-year lows, a central bank report released on Thursday said.
In the latest report on trends and progress of banking, which shares data up to the September quarter and for the fiscal 2024, and released Thursday, the central bank said, system-wide gross non-performing assets ratio (NPA) of banks slipped to an over-13-year low of 2.5% as of September from 2.7% as of March 2024. Similarly, net bad loans fell to 0.57% of total loans during the period under review from 0.62% as of March 2024, driven by stronger loan-loss buffers.
Denne historien er fra December 27, 2024-utgaven av The New Indian Express Vishakapatnam.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Vishakapatnam
The New Indian Express Vishakapatnam
ICAR rejects ‘motivated, baseless’ charges over genome-edited rice
THE Indian Council of Agricultural Research (ICAR) has dismissed allegations made by independent researchers that scientific evidence contradicts ICAR’s assertions about a major increase in rice production following the introduction of two gene-edited rice varieties earlier this year.
1 min
October 31, 2025
The New Indian Express Vishakapatnam
6-mth US curbs waiver on Chabahar
THE US has granted India a six-month waiver from sanctions on the strategically significant Chabahar Port project in Iran, External Affairs Ministry confirmed on Thursday.
1 min
October 31, 2025
The New Indian Express Vishakapatnam
DEBATE & DISSENT, THE INDIAN WAY
NDIA is often praised for its spirituality, poetry, and devotion. What is less known, and usually deliberately forgotten, is that it also built one of the world’s strongest cultures of reasoning.
3 mins
October 31, 2025
The New Indian Express Vishakapatnam
Kotian, Suthar strikes help India A limit SA A
SOUTH Africa A resisted through a century-stand between Jordan Hermann and Zubayr Hamza, but India A spinners, led by Tanush Kotian, plucked wickets at regular intervals to keep the visitors to 299 for nine on the first day of the opening four-day match here on Thursday.
1 min
October 31, 2025
The New Indian Express Vishakapatnam
Jio to give free Gemini AI access to subscribers
INDIA'S telecom majors are in a rush to ride the Generative AI (GenAI) wave, offering customers free access to cutting-edge AI tools.
1 min
October 31, 2025
The New Indian Express Vishakapatnam
BSNL achieves 93% revenue target in Q2 at ₹5,347 crore, says Scindia
STATE-owned Bharat Sanchar Nigam Limited (BSNL) achieved a 93% revenue run rate in Q2, with collections of ₹5,347 crore against a target of ₹5,740 crore, said the Minister of Communication Jyotiraditya Scindia on Thursday.
1 mins
October 31, 2025
The New Indian Express Vishakapatnam
Canada will release stamp to honour service of Sikh soldiers in armed forces
‘THE Canadian government will release a commemorative stamp on Sunday during the 18th Annual Sikh Remembrance Day to honour over 100 years of service by Sikh soldiers in the Canadian armed forces.
1 mins
October 31, 2025
The New Indian Express Vishakapatnam
Liverpool crisis mounts after League Cup exit
LIVERPOOL crashed out of the League Cup on Wednesday as Crystal Palace's 3-0 win in the fourth round added to the mounting crisis at Anfield.
1 min
October 31, 2025
The New Indian Express Vishakapatnam
Swiggy losses swell, to raise ₹10k cr via QIP
FOODTECH firm Swiggy announced on Thursday that it will consider raising ₹10,000 crore in the board meeting of November 7 through a qualified institutional placement (QIP).
1 min
October 31, 2025
The New Indian Express Vishakapatnam
MEIL buys 250-mw TN power unit
MEIL Energy, a wholly-owned subsidiary of Megha Engineering & Infrastructures, has acquired 100% stake in Taqa Neyveli Power Company from Abu Dhabi National Energy Company, for reported 387 million dirhams, or about ₹926 crore.
1 min
October 31, 2025
Listen
Translate
Change font size