Friday, December 6, 2013

Banks' bad loans grew to Rs 1.94 lakh cr in Mar 2013: AIBEA

......Giving out statistics on the list of bad loans in banks, the Association General Secretary C H Venkataachalam said the bad loans or the non-performing assets in public and private sector banks end of March 2008 was Rs 39,030 crore.  "But it has increased to Rs 1,94,000 crore as on March 31, 2013," he told reporters here, adding that the total deposits in banks crossed Rs 75 lakh crore in the country.......

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