Thu, January 23, 2025
[ Thu, Jan 23rd ]: Forbes
FinCrime In The Age Of AI
Wed, January 22, 2025
Tue, January 21, 2025
Mon, January 20, 2025
Sun, January 19, 2025
Sat, January 18, 2025
Fri, January 17, 2025
Thu, January 16, 2025
Wed, January 15, 2025

Signs of rising asset quality stress spook Indian bank stocks

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. set-quality-stress-spook-indian-bank-stocks.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  The stock prices of Indian private lenders that have reported an increase in bad loans in their personal loans and micro-credit businesses are bearing the brunt of investors' fears of a U-turn in the asset-quality cycle for the country's banks.

- Click to Lock Slider
The article from Reuters discusses the increasing concerns over asset quality in Indian banks, which have led to a significant drop in bank stock prices. On January 20, 2025, shares of major Indian banks like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank fell sharply, with declines ranging from 2% to 4%. This downturn was triggered by reports of rising non-performing assets (NPAs) and potential loan defaults, particularly in sectors like real estate and small businesses. Analysts are worried that the economic recovery post-COVID might be faltering, with new stress points emerging in the banking sector. The article also mentions that despite earlier optimism about India's economic growth, the recent trends suggest a need for banks to bolster their provisions for bad loans, which could impact their profitability and investor confidence.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/signs-rising-asset-quality-stress-spook-indian-bank-stocks-2025-01-20/ ]