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Friday, October 16, 2020
ANOTHER BOMB YET TO EXPLODE IN BANKING INDUSTRY
Another bomb yet to explode is #PMMY. The increase in NPA in PMMY from Rs 7,277 Cr in Mar18 to Rs 16,481 Cr in Mar19 shows an Annual growth of 126%.
The level of NPA under the PMMY since its inception up until Mar18 stands at 5.38% vis-à-vis overall NPA level of more than 9%.
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3 comments:
Aschey din aa gai....
Banks business correspondents/facilitators be allowed to reduce NPA and other bank business like staff members
Npas during modi ji tenure are rising.mudra young is going to give a huge amount of loans as npas in the coming times. Bankers are not going to get pension updating and medical benefits.but huge npas from mudra loans. It is a pity.perhaps move to privatize public sector banks.
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