Quick Answer: What Is The NPA Of Icici Bank?

What is the full form of NPA?

Definition: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days..

How many subsidiaries does Axis Bank have in India?

11 subsidiariesThe Bank has 11 subsidiaries; namely, Axis Capital Ltd. (ACL), Axis Securities Ltd. (ASL), Axis Private Equity Ltd. (APE), Axis Trustee Services Ltd.

Is Icici Bank in loss?

Private sector lender ICICI Bank is expected to report a net profit of ₹2,085 crore for the June quarter of FY20 on Saturday compared to a net loss of ₹120 crore in the year-ago period, according to a Bloomberg estimate of 21 analysts.

Is Icici Bank Safe?

With over Rs30 Trillion assets under management, it is easily the largest Bank in the country and hence also the safest bank in India. It is more than 2.5 times bigger than the runner up i.e. ICICI Bank. Being a Government Bank, it is well regulated and is manned by well-trained staff.

Which bank has lowest NPA in India?

Private-sector banks in India have higher capital buffer compared to state-owned peersBandhan Bank. 23.2%Kotak Bank. 22.4.HDFC Bank. 16.7.City Union. 15.7.DCB. 13.9.ICICI Bank. 13.6.Axis Bank. 13.5.IndusInd Bank. 13.2.More items…•

How is Icici Bank performance?

Private-sector lender ICICI Bank on Saturday reported a 549% year-on-year (y-o-y) jump in standalone net profit to Rs 4,251 crore in the September quarter of FY21 on the back of a 16% y-o-y rise in net interest income (NII). … Term deposits increased 26% to Rs 4.68 lakh crore.

Is Icici Bank a government bank?

Private Sector Banks:- Majority of stake is held by private individuals. Examples of Private banks are; HDFC Bank, ICICI Bank, and AXIS Bank, etc. 2. … Examples of Public Sector Banks are; Punjab National Bank, state bank of India and Central Bank of India, etc.

How do banks recover NPA?

NPAs can be classified as a substandard asset, doubtful asset, or loss asset, depending on the length of time overdue and probability of repayment. Lenders have options to recover their losses, including taking possession of any collateral or selling off the loan at a significant discount to a collection agency.

Which bank has highest NPA in 2019?

Andhra Bank had the highest share of industry bad debts at 86 per cent, followed by United Bank of India (UBI) at 78 per cent and Indian Bank at 74 per cent. The country’s largest bank, State Bank of India (SBI) had 73 per cent of its bad debts from the industry sector, followed by Allahabad Bank at 70 per cent.

What is NPA of HDFC Bank?

In fiscal year 2020, the value of gross NPAs at HDFC Bank Limited across India amounted to 126 billion Indian rupees….Value in billion Indian rupeesFY 2020126.49FY 2019112.24FY 201886.07FY 201758.86Oct 16, 2020

Is HDFC better or Icici?

Employee Ratings. ICICI Bank scored higher in 2 areas: Work-life balance and % Recommend to a friend. HDFC Bank scored higher in 6 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook. Both tied in 1 area: Culture & Values.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

Which bank is unsafe in India?

You can read about it here. These are banks that are too-big-to-be-allowed-to-fail banks of India. And these are State Bank of India (SBI), HDFC Bank and ICICI Bank.

What is the amount of NPA in SBI?

As per the assessment done by the RBI, the gross NPA of SBI was Rs 11,932 crore more at Rs 1,84,682 crore as against Rs 1,72,750 crore reported by the bank for 2018-19, SBI said in a regulatory filing.

What is the NPA of Axis Bank?

As on 31st March 2020, the Bank’s Gross NPA and Net NPA levels were 4.86% and 1.56% respectively, as against 5.00% and 2.09% respectively as on 31st December 2019. The Bank has recognized slippages of `3,920 crores during Q4FY20, compared to `6,214 crores in Q3FY20 and `3,012 crores in Q4FY19.

Which bank has the highest NPA?

State Bank of India (SBI)Among the major public sector banks, State Bank of India (SBI) had the highest amount of NPAs at over Rs 1.86 lakh crore followed by Punjab National Bank (Rs 57,630 crore), Bank of India (Rs 49,307 crore), Bank of Baroda (Rs 46,307 crore), Canara Bank (Rs 39,164 crore) and Union Bank of India (Rs 38,286 crore).

Why Icici Bank is best?

ICICI Bank is one the largest banks in India. With more than 3000 reviews and a 3.36 rating on JobBuzz, ICICI bank is one employee friendly organisation. … According to the company ratings on Jobuzz, 65% people voted the bank to be the best in terms of salary. About 62% employees like the work-life balance it provides.

Who is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Why NPA is bad for bank?

Credit contraction: Burgeoning NPAs reduces recycling of funds, and by extension, also that of the bank’s ability to lend more. This, in turn, results in interest income decline. On a macro level, it contracts money circulation that can lead to an economic slowdown.

Which of the following is part of retail assets?

Bank’s retail assets include all borrower relationships and relationships with small businesses and therefore will include credit cards, auto loans, mortgages, personal loans, and small business loans.

What is the NPA amount of Icici Bank?

According to RBI’s Financial Stability Report of December 2019, gross non-performing assets (GNPA) of scheduled commercial banks was at 9.3% at September 30, 2019, similar to the levels in March 2019, and net NPA ratio was at 3.7%. The process of resolution of large stressed accounts continued during the year.