what are the names of the 9 banks which are gonna closed in india
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India's big bad loan problem: Banks with highest NPAs
1/9
A stable and sound banking system is required for a healthy growth of an economy.
But ballooning non-performing assets problem is the biggest impediment that chokes Indian lenders’ effective operations.
Here are the top Indian banks and the amount of NPAs they had on their accounts as of March quarter.
Indian Overseas Bank
2/9
The gross NPA of Indian Overseas Bank (IOB) has risen to Rs 35,098.25 crore, which is 22.39 per cent of its total lending.
IOB registered a loss of Rs 646.66 crore in the March quarter compared with a net loss of Rs 936.19 crore in the corresponding quarter last year.
IDBI Bank
3/9
The gross NPA of IDBI Bank has risen to 21.25 per cent or Rs 44,752.59 crore of its total lending.
The Bank reported a loss of Rs 3,199.76 crore for the quarter ended March 31, 2017, almost twice the net loss of Rs 1,735.81 crore it posted in the corresponding quarter last year.
Central Bank
4/9
The gross NPA of Central Bank has risen to 17.81 per cent or Rs 27251.33 crore of its total lending.
The Bank reported a loss of Rs 591.77 crore for the quarter ended March 31, 2017 compared with a net loss of Rs 898.04 of the corresponding quarter a year ago.
Bank of India
5/9
The gross NPA of Bank of India has risen up to 13.22 per cent or Rs 52044.52 crore of its total lending.
The bank reported a net loss of 10.46 billion rupees for March quarter. Net loss for the quarter ended March 31 narrowed from a loss of 35.87 billion rupees a year earlier.
1/9
A stable and sound banking system is required for a healthy growth of an economy.
But ballooning non-performing assets problem is the biggest impediment that chokes Indian lenders’ effective operations.
Here are the top Indian banks and the amount of NPAs they had on their accounts as of March quarter.
Indian Overseas Bank
2/9
The gross NPA of Indian Overseas Bank (IOB) has risen to Rs 35,098.25 crore, which is 22.39 per cent of its total lending.
IOB registered a loss of Rs 646.66 crore in the March quarter compared with a net loss of Rs 936.19 crore in the corresponding quarter last year.
IDBI Bank
3/9
The gross NPA of IDBI Bank has risen to 21.25 per cent or Rs 44,752.59 crore of its total lending.
The Bank reported a loss of Rs 3,199.76 crore for the quarter ended March 31, 2017, almost twice the net loss of Rs 1,735.81 crore it posted in the corresponding quarter last year.
Central Bank
4/9
The gross NPA of Central Bank has risen to 17.81 per cent or Rs 27251.33 crore of its total lending.
The Bank reported a loss of Rs 591.77 crore for the quarter ended March 31, 2017 compared with a net loss of Rs 898.04 of the corresponding quarter a year ago.
Bank of India
5/9
The gross NPA of Bank of India has risen up to 13.22 per cent or Rs 52044.52 crore of its total lending.
The bank reported a net loss of 10.46 billion rupees for March quarter. Net loss for the quarter ended March 31 narrowed from a loss of 35.87 billion rupees a year earlier.
FATIMA1111:
sahi ha boss
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idbi bank
uco bank
indian overses bank
central bank of india
dena bank
united bank of india
corporation bank andhra bank
but its a fake news that 9 banks closed in india
plz rate
uco bank
indian overses bank
central bank of india
dena bank
united bank of india
corporation bank andhra bank
but its a fake news that 9 banks closed in india
plz rate
sahi hai dude
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