Non-performing assets (NPAs) of government-run banks rose to 2.31 per cent as on March 31, 2011, as compared to 2.27 per cent in the previous year, led by a sharp increase in the bad loans of the State Bank group, Minister of State for Finance Namo Narain Meena said Tuesday.Total non-performing assets, loans on which interest payments or repayments are not being made on time, of the public sector banks rose to Rs71,047 crore by the end of 2010-11.For the State Bank of India, the country’s largest lender, non-performing assets rose to 3.48 per cent of its gross advances in the year under review from 3.28 per cent in the previous year. From / Gulf Today
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meetingMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor