Thursday, March 16, 2017

Bad loans continue to mount at PSU Banks

Bad loans of public sector banks  are raising . April-December period of 2016-17,  it rose by over Rs 1lac cr, the bulk of which came from power, steel, road infrastructure and textiles sectors.

Public sector banks' gross bad loans stood at Rs 5,02,068 crore at the end of 31-03-2016.

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