4 Days Ago
Since this is the chit chat section, just putting up the latest NPA figues of Banks as on 31 March 2014:
NPAs of all banks in India at Rs 2,63,015 cr at March end: RTI query
26.10.2014 (UNI) The non-performing assets (NPAs) of all the banks in the country were at Rs 2,63,015 crore as of March end, as compared to Rs 1,64,462 crore a year ago, an official information from the Reserve Bank of India has stated.
This information was shared by city-based activist Om Prakash Sharma, who is also the member of BJP national council, with reporters here last night.
He said that he sought the information from RBI under Right To Information (RTI). He further said that of the total NPAs worth Rs 2,63,015 crore, the major chunk of 86.41 per cent were of public sector banks, Rs 24,184 crore of the private sector banks and Rs 11,568 crore of the foreign banks.
He said that the NPA figures provided by RBI indicate substantial growth during last five years. According to the information by RBI, the NPAs of the banks were Rs 1,17,262 crore in March 2012, Rs 74,664 in 2011 and Rs 59,924 crore in 2010.
The report further stated the major NPAs of State Bank of India were worth Rs 61,605 crore, Punjab National Bank Rs 18,880 crore, and Bank of Baroda, Bank of India and Central Bank of India each Rs 11 crore, Mr Sharma said.
The NPAs of the tainted Syndicate Bank, whose chief executive officer (CEO) is behind the bars for allegedly swindling public money, were at Rs 4,611 crore, he informed.
In the private sector banks, the ICICI Bank topped the list with Rs 10,506 crore NPAs, he added. UNI