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State banks' bad loans defy BB roadmap, jumps to 27% in a year
13 May 2024 18:47 GMT
Although the Bangladesh Bank formulated a roadmap to reduce defaulted loans of state-owned banks to 10% of total disbursement by 2026 in line with the International Monetary Fund (IMF) conditions set in January 2023, it increased to 27.42% within a year.
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Reports on China’s bad loans disappear on social media
13 May 2024 17:27 GMT
A series of research reports from Chinese brokerages on the nation’s recent bad credit data disappeared from social media over the weekend, highlighting the increasing difficulty of getting reliable information about the world’s second-largest economy.
At …
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Bad loans decreasing, the lowest level in 10 years
10 May 2024 18:29 GMT
Bad loans are decreasing. At the end …
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PNB net profit up nearly 3x on lower bad loans provision
09 May 2024 23:00 GMT
… by fall in provisions for bad loans and higher interest income. The … ,” he added.
The provisions for bad loans declined to Rs 1,958 …
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Tighter regulations on personal loans and project finance may hurt banks in FY25
13 May 2024 19:17 GMT
… as growth remained robust and bad loans were at a decadal low …
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PSBs to identify one 'champion sector' in their business plans
13 May 2024 19:17 GMT
… -cost deposits, raise capital, resolve bad loans, improve cybersecurity and undertake financial …
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India’s general election: the world’s largest democratic vote
13 May 2024 17:15 GMT
… unclog the banking system of bad loans after the previous economic cycle …
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RBI Looks at ARCs Amid a Flood of Allegations: Report
13 May 2024 09:48 GMT
… nearly Rs10 lakh crore of bad loans from banks since starting operations …
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Barclays’ billions of ‘sustainable’ finance for fossil fuel industry is greenwash, says investor
13 May 2024 09:41 GMT
… the company more exposed
to bad loans and potentially cost them millions …
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Equity Bank Bounces Back, Records KSh 16b Profit after Tax in Q1
13 May 2024 08:07 GMT
… bank's provisioning for bad loans
In the first quarter of …