Private Banks

Bad loan crisis: From South Indian Bank, HDFC Bank to ICICI Bank, Private Banks see rise in June quarter NPAs

Thirteen of the 15 listed private sector banks that have reported their results for the quarter ended June saw their gross non-performing assets (NPAs) rise on a sequential basis, according to data from Capitaline. The two lenders that bucked the trend were YES Bank and Jammu & Kashmir Bank, whose gross NPAs fell 32% and 6%, respectively, from the end of the […]

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Private Banks under-reporting NPAs may lose premium edge

The big divergence between the non-performing assets (NPAs) reported by some private sector banks and those assessed by the RBI will reduce the premium these banks command among investors and will increase the gap between them and their tier I counterparts, analysts said.  Investors will now look at Yes Bank, ICICI Bank and Axis Bank with a different lens after […]

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Private Retail Banks put up good show

Private sector banks, particularly those having a higher exposure to retail loans, continued to put up a strong performance in the March quarter (Q4). This is even as they complied with the Reserve Bank of India (RBI)’s directive to provide more loans for stressed sectors. The apex bank’s directive has led to private banks such as HDFC Bank, Axis Bank, IndusInd Bank and Yes Bank witnessing a surge between […]

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