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Net bad loans of 40 banks soar 38% to Rs 1.3 trillion in H1

Last Updated: Thursday, November 14, 2013, 21:29

The net bad assets of the 40 listed banks have jumped 38 percent to Rs 1,28,533 crore during the first half of this fiscal, from Rs 93,109 crore at the end of the last fiscal, and is likely to cross Rs 1.5 lakh crore by the end of the fiscal, says a study.

Govt concerned about bad loans, will monitor large NPAs: FM

Last Updated: Tuesday, October 22, 2013, 16:04

inance Minister P Chidambaram on Tuesday said the government will monitor 30 NPA accounts of each PSU bank to recover dues and asserted that the economic situation is not as gloomy as is being painted.