June 28, 2022 06:12 (IST)
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UCO Bank Q4 results: Net profit jumps three-fold to Rs 312 cr, dividend remains undeclared

Kolkata/IBNS: The 95 percent state-owned UCO Bank registered a net profit jump of 290 percent to Rs 312 crore in the quarter ended March 2022 as against Rs 80 crore in quarter ended March 2021.

Banks' Gross NPAs may jump to 9.5 pc under severe stress scenario by Sept 2022: RBI Financial Stability Report

Mumbai/IBNS: The Reserve Bank of India has said the gross non-performing assets (GNPAs) of banks may jump from 6.9 percent in September 2021 to 8.1 percent by September 2022 under the baseline scenario and to 9.5 percent under a severe stress scenario, the Reserve Bank of India (RBI) said in its Financial Stability Report (FSR) on Wednesday.

PSU Banks' Gross NPAs drop to 6.9 pc in Sept 2021 against 8.2 pc in March 2020: RBI report

Mumbai/IBNS: The gross non-performing assets (NPAs) of scheduled commercial banks (SCB)  as reduced to 6.9 percent at the end of September 2021 from 7.3 percent at the end of March 2021, the Reserve Bank of India said in its report on Trend and Progress of Banking in India 2020-21.