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COVID-19 related disruptions raise concerns over NBFCs retail loans: Study

The restrictions on movement imposed by various states due to surging COVID-19 cases are likely to affect collections of non-banking finance companies and housing finance companies and may pose risks to the asset quality of their retail loans, according to a report. With an exponential rise in coronavirus cases, the

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NPAs of state-owned banks may cross 18% in extreme case scenario: Former RBI Dy Governor Khan

Given the second COVID-19 wave all over the country, non-performing assets (NPAs) or bad loans of public sector banks (PSBs) could cross 18 per cent if there is deterioration in economic activity due to the pandemic, former RBI deputy governor H R Khan said on Tuesday. As per the

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HDFC Bank takes conservative stance, hikes provisions, conserves capital

HDFC Bank has refrained from declaring an annual dividend for shareholders for the second consecutive year as it chose to conserve capital due to the heightened uncertainties of the Covid 19 pandemic. "The board ...has considered it prudent to currently not propose dividend for the financial year ended March 31

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