The Non-Performing Assets (NPA) or the Bad Loans not remitted back in the Public Sector Banks are increasing year after year. The major portion of these NPAs is mainly due from the corporate and big business. While aggressive efforts are made to collect back the loan amount from the common people, it is not so in the case of the corporate, big business and political bigwigs. The latter manage not to repay the loans in various ways. Most of the corporate are to repay loans of hundreds of crore of rupees to these banks.
A list of the NPAs in the Public Sector Banks as on 321-03-2011 is given below (in crores)
1. State Bank of India 25,326.29 crore
2. Bank of India 4,811.55 ..
3. Punjab National Bank 4,379.39
4. Union Bank of India 3,622.82
5. Bank of Baroda 3,152.50
6. UCO Bank 3,150.36
7. Indian Overseas Bank 3,089.59
8. Canara Bank 3,089.21
9. Syndicate Bank 2,598.97
10. Central Bank of India 2,394.53
11. Oriental Bank of Commerce 1,920.54
12. Allahabad Bank 1,647.92
13. State Bank of Patiala 1,381.68
14. United Bank of India 1,355.78
15. Vijaya Bank 1,259.19
16. Bank of Maharashtra 1,173.70
17. State Bank of Hyderabad 1,150.45
18. Andhra Bank 995.64
19. State Bank of Mysore 863.74
20. Dena Bank 842.24
21. State Bank of Bikaner & Jaipur 835.40
22. State Bank of Travancore 835.23
23. Corporation Bank 790.23
24. Indian Bank 740.31
25. Punjab & Sind Bank 424.28 crore
TOTAL 71,831.54 crore
How much is the NPA (Bad Loans) of the Public Sector Banks ?
26 Wednesday Oct 2011
Posted in Uncategorized
Namaskar