BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Monday, June 19, 2017

The dark corner in private banks’ earnings

The dark corner in private banks’ earnings
Private banks such as ICICI Bank, Axis Bank, Yes Bank, Karur Vysya Bank and IDFC Bank have been slow in recognizing bad loans, keeping themselves open to risks
Gross bad loans for these 17 lenders surged 75% and, together, they racked up 12% of the total bad loan stockpile as of March-end. In comparison, public sector banks’ outstanding gross bad loans rose 20%. Essentially, the current wave of bad loans came from private banks and not the beleaguered public sector. At the end of FY17, private banks accounted for 12% of the system’s gross bad loans, higher than the 9% share they had in March 2016.

No comments:

Bank Unions Oppose PLI Scheme for Senior Bank Executives

AIBOC and AIBEA have written a letter to the DFS Secretary requesting him to review the recently introduced PLI Scheme for Senior Bank Execu...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">