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NPAs of Public Sector banks worth 
57,000 Crore
Wednesday, 28 July 2010, 16:23 IST
New Delhi: Bank loan defaults rose to 
74,685 crore at the end of March 2010, with non-performing assets (NPAs) of public sector banks reaching 57,301 crore, parliament was informed today.
Gross advances of state-owned banks was over 25.19 lakh crore during FY10, with NPAs to loans ratio of 2.27, Minister of State for Finance Namo Narain Meena said in a written reply to the Rajya Sabha.
In FY09, PSU banks NPAs were pegged at 44,039 crore as against 39,749 crore in the fiscal ended March 2008. The ratio of NPAs to loans for the two financial years was 2.09 and 2.34 per cent, respectively.
In the case of private banks, the NPAs were at 17,384 crore, albeit on much lower gross advances of 5.84 lakh crore at the end of March 2010.
Source: PTI
74,685 crore at the end of March 2010, with non-performing assets (NPAs) of public sector banks reaching 57,301 crore, parliament was informed today.
Gross advances of state-owned banks was over 25.19 lakh crore during FY10, with NPAs to loans ratio of 2.27, Minister of State for Finance Namo Narain Meena said in a written reply to the Rajya Sabha.
In FY09, PSU banks NPAs were pegged at 44,039 crore as against 39,749 crore in the fiscal ended March 2008. The ratio of NPAs to loans for the two financial years was 2.09 and 2.34 per cent, respectively.
In the case of private banks, the NPAs were at 17,384 crore, albeit on much lower gross advances of 5.84 lakh crore at the end of March 2010.
Source: PTI