Rs 2,41,000 cr bad loans in last 6 months of FY16 in PSU

News Published in Indian Express on 4th June 2016 --RBI review unearths Rs 2,41,000 cr bad loans in last 6 months of FY16

Gross NPAs have gone up from Rs 349,113 

crore in September 2015 when the RBI ordered the asset review to Rs 590,772 crore by March 2016.

Rise in NPA from the level of 

September 

2015 to March 2016 , i.e. in six months 

period is

SBI 72.73%     (Rs.98172 crore  In 

March 2016 from Rs.56834 crore in 

September 15)

PNB 122.81%  ( Rs.55581   crore in 

March 16 from Rs. 24945 crore in 

September 2015)

Bank of Baroda 70.91%  (Rs. 

40521  crore in March 16 to Rs.  23710 

crore in September 15)

Canara bank  125.65%

Indian Overseas Bank  54.70%

IDBI Bank  68.55%