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Tag Archives: NPAs’

SBI profit rises 30%, NPAs under check

State Bank of India’s net profit rose by 30.2% to Rs 2,910 crore for third quarter ended December 2014, driven by a rise in net interest income, fees, and control on employee costs. The country’s largest lender had posted net ...

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Slippage of farm loans into NPAs high, say bankers

Andhra Pradesh chief minister N Chandrababu Naidu on Monday informed the State-level Bankers’ Committee (SLBC) that his government would come up with a concrete plan for the loan waiver scheme soon. Naidu said he spoke with Prime Minister Narendra Modi ...

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Govt banks: Higher NPAs may pinch brass’ pocket

The senior management of state-owned banks might get less of performance-linked pay this year than in the past, if they fail to bring down bad loans and high-cost deposits. To improve the asset quality of government-owned banks, the finance ministry ...

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Banks put Rs 21k-cr NPAs on block in 3 months

Eighteen lenders, both state-run and private ones, have put Rs 21,060 crore worth of bad loans on the block in the first quarter of the financial year, indicating a revival in the asset-sale market. The country’s largest bank, State Bank ...

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