Logo

Logo

NPAs

Resolving NPAs~I

Ironically, the inefficient loan recovery system gave promoters tremendous advantage over lenders. Not only could they play one lender off against another by threatening to divert payments to the favoured bank, they could also refuse to pay unless the lender agreed to extend further credit

SBI reports Q4 net profit of Rs 838 cr, asset quality up

The bank's gross NPA stood at Rs 1.72 lakh crore, 8.5 per cent down from Q3. Its net NPA was at 3 per cent, down 94 bps from Q3. Its gross NPA for Q4 stood at 7.53 per cent against 8.71 per cent reported in the corresponding quarter of the previous fiscal.