Non Performing Assets (npa) in sbi
Getting current updates and regulations for the non performing assets (npa) in sbi
With a steep rise in the ratio of the nonperforming assets all over the country, it has been really tough for the RBI to control and manage in the given time frame. No doubt, public sector banks including SBI have been in the list of banks that have been implementing the procedures to control the default line of the borrowers. On the other hand, it should also be noted that nonperforming assets (npa) in sbi is ought to plague the whole banking structure. To know the latest report and status on SBI’s NPA, you can also call or fill up the enquiry form with your queries.
Update on NPA for SBI
* The recent report on the statistics of non performing assets (npa) in sbi states that it witnessed an unexpected rise in the percentage of NPA. Other public sector banks excluding SBI experienced a rise of 10.5% till March 2012. On the other hand, some of the banks of the country such as Punjab National Bank, Punjab and Sind Bank, Central Bank of India and Indian Bank reported a massive increase in the nonperforming assets that were above 35% in gross magnitude in the same fiscal.
Cause for the steep rise in NPA percentage
* With a quick rise in the disbursal of restructured loans in the standard category, NPA has really risen over the limit although the limiting ratio is not so much alarming. With the net NPA rate standing steady at the 1.5% for public sector banks, restructured loans is a matter of primary concern. Moreover, the contribution of such loans in the aggregate advances for these banks are supposed to be critical at 5.4%. And, amazingly 12% of those structured loans got converted into non performing assets (npa) in sbi. SBI is at a war against the sticky loans and nonperforming assets now.
Important Statistics Formulas
This web page presents statistics formulas described in the Stat Trek tutorials. Each formula links to a...
Please join StudyMode to read the full document