Search For "gnpa"
SBI reports first quarter profit of Rs 2,312 crore with improved asset qua
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 2 (ANI): State Bank of India (SBI) was back in the black on Friday as it reported a net profit of Rs 2,312 crore for the April to June quarter of 2019-20 (Q1 FY20) due to healthy growth in advances and stable asset quality.
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Surge in credit provisions to adversely affect PSBs' profitability
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
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