Reserve Bank of India officials are quite right in flagging the risks to public sector banks from mounting bad loans. Gross non-performing assets (NPAs) of these banks have doubled as a percentage of their advances over the last three years. At over 4 per cent, this number is twice that of private banks. Worse, PSB books don’t fully reflect the real magnitude of the problem. Restructured assets (loans rescheduled at the behest of the borrower) make up another 8 per cent of PSB portfolios..............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment