gross NPAs News

AU Small Finance Bank Reports 16% Surge in Q1 Net Profit to Rs 581 Crore Amid Rising NPAs

AU Small Finance Bank announced a 16% increase in Q1 net profit to Rs 581 crore, with total income rising to Rs 5,189 crore. However, gross NPAs increased to 2.47%, and provisions ...

Massive Loan Write-offs: Half by PSU Banks in the Last Decade

Between FY15 and FY24, commercial banks in India wrote off Rs 12.3 lakh crore in loans, with PSUs accounting for 53% of these write-offs in the last five years. The data was reveal...