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Bank of Maharashtra Q1 net profit doubles to Rs 208 crore
Total income during Q1FY22 jumped to Rs 3,794.53 crore as against Rs 3,264.81 crore in Q1FY21
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SBI to auction two NPA accounts next month to recover dues of over Rs 313 crores
SBI has asked the interested parties to do the due diligence of these assets with immediate effect, after submitting expressions of interest.
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Banks’ gross NPAs may rise to 9.8% by March 2022: RBI
Seeking to allay concerns, the RBI further said that the banks have sufficient capital, both at the aggregate and individual levels
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Bank of Baroda to sell 46 NPA accounts to recover Rs 597 crore
Bank of Baroda said it intends to sell these NPA accounts to ARCs/banks/NBFCs or other financial institutions on 100% cash basis, for which the e-auct
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SBI to sell three NPA accounts next month for recovery of over Rs 235 crores
SBI has placed Heavy Metal and Tubes Ltd, Khare, and Tarkunde Infrastructure Pvt Ltd, and Elize International Ltd for sale to recover a total of Rs 23
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Gross NPAs of banks may rise to 9.6-9.7% by March-end: Report
According to ICRA Ratings, gross non-performing assets of banks may worsen further to 9.9-10.2% by March 31, 2022
