Tag: NPA

Canara Bank to extend Rs 20,000 crore under credit scheme

“We have already identified accounts where our exposure is Rs 90,000 crore and we will be extending about Rs 18,000-20,000 crore,” he said in...

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

GROWTH WITH DIGITAL FOCUS

PUBLIC SECTOR LENDER Indian Bank plans to main­tain its tech investment pace with an IT spend of around Rs 1500 crore in FY26, matching...

IOB reports record net profit in Q1

IOB delivered its best-ever quarterly net profit, sustained strong growth in the retail and agriculture segments, significantly improved asset quality, and maintained a robust...

Less-known local area banks

One bank per state would be the norm. The winds of change will blow away the remaining local area banks. In India, three local area...

Guide banks to absorb and adopt technology

There is a growing public perception that all NPAs are the result of fraudulent practices. This is not true. Mortality is part of enterprise....

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