State Bank of India (SBI) wrote off loans worth Rs 9,986 crore during Q3FY21. A clutch of banks have together written off loans worth Rs 25,539 crore in the December…
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NPA
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State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, and Union Bank of India, have all reported an improvement in their asset quality in the first nine…
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“Effectively, this has ensured a continued regulatory support to MSMEs, which form a major part of the loan portfolio of SFBs,” RBI said. Small finance banks (SFBs) have been able…
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In terms of asset quality, HDFC Bank noted that gross and net non-performing assets were at 0.81% of gross advances and 0.09% of net advances. India’s largest private sector lender…
