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Uneasy Calm At PSU Banks As Stress Lurks Beneath The Surface
Gross NPA ratios of PSU banks improved in FY21. But what’s the real level of stress on their books?
09 Jun 2021, 10:14 AM IST
India’s government-owned lenders seemingly defied fears of worsening asset quality amid the Covid-19 crisis as reported bad loans remained in check in FY21. Beneath the surface, though, stress lurks and the level of stressed debt on the books of these lenders remains high.An analysis of 11 state-run banks that have reported their fourth-quarter earnings shows that gross non-performing assets ratio for most lenders fell compared to a ...
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