Many times, projects are conceived factoring in a particular scenario, which doesn’t materialize or changes by the time the project is commissioned. Continue reading “Bank NPA… (Part II)”
PNB results have come as a shocker with bank reporting loss of more than Rs 5,000 crore in March’16 quarter and about Rs 4,000 crore for the full year. Indeed, all public sector banks which have reported their results have reported losses/ large decline in profits during the quarter. So what exactly is happening in … Continue reading Punjab National Bank -Why this provisioning..?
Honorable Supreme Court’s intervention in NPA (Non Performing Asset) deliberation on a Public interest litigation, lends considerably more seriousness to the whole debate regarding Bank’s NPA. The banks Gross NPA plus restructured assets) has gone up from less than 6% of total advances in March’11 to nearly 13% by March’15 and still remains around the same level. It … Continue reading Banks NPA – A Primer… (Part I)