As per the latest data by RBI, which bank has highest non-performing assets (NPAs) among PSU banks?
As per the latest data by RBI, which bank has highest non-performing assets (NPAs) among PSU banks?
[A]Union Bank of India
[B]Central Bank of India
[C]United Bank of India
[D]Punjab National Bank
Central Bank of India
As per the RBI latest report, Central Bank of India has topped the list of public sector banks (PSBs) with the largest bad loans, including restructured assets as a percentage of total advances. Central Bank of India’s 21.5 per cent assets are either bad or have been restructured to save these turning into non-performing assets (NPAs). The other banks which have significant amount of gross NPAs and restructured loans are United Bank of India (19.04 per cent), Punjab & Sind Bank (18.25 per cent) and Punjab National Bank with 17.85 per cent as on December 2014.