Top Banks with the highest NPAs [realestate]
The non-performing assets (NPAs) are a decisive factor in determining the financial burdens of private and public sector banks. As per the statistical report of the December 2021 quarter, the PSU banks are suffering more than the private ones.
As per https://timesofindia.indiatimes.com/business/india-business/gross-npas-of-public-sector-banks-double-in-last-seven-years-sbi-tops-list/articleshow/88316357.cms, The gross non-performing assets (NPAs) of public sector bank (PSBs) have doubled in the last seven years to Rs 5.40 lakh crore in 2021 from Rs 2.24 lakh crore in 2014.
The biggest names with NPAs on this list of public sector banks (PSBs) are the State Bank of India (SBI), Bank of Baroda (BoB), Bank of India (BOI), and Punjab National Bank (PNB).
All these PSUs are willing to e-auction to retrieve capital from the market as much as possible.
As per https://www.thehindubusinessline.com/money-and-banking/18-psbs-among-top-20-banks-with-highest-gross-npa-ratios-care-ratings/article64277335.ece,
IDBI Bank (with gross NPA ratio of 24.11 per cent of gross advances) and Indian Overseas Bank (23.6 per cent) have NPA ratios of over 20 per cent. Among PSBs, Indian Bank has the lowest GNPA ratio of 7.21 per cent, the credit rating agency said.
Eight PSBs banks — IDBI Bank, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Central Bank of India, Dena Bank, United Bank of India, and Corporation Bank — had a GNPA ratio of over 15 per cent as of June 2017.
YES Bank is the only bank in the sample of 38 banks with a GNPA ratio of less than 1.
State Bank of India (SBI) accounted for the largest share of about 22.7 per cent (or ₹1,88,068 crore) in the total NPAs of 38 banks (aggregating ₹8,29,338 crore) as of June-end 2017.
“The highest amount of gross NPAs held by the country's largest lender SBI amounts Rs. 2.01 trillion which is equal to 24.39% of the gross NPAs. Other Public Sector Banks include; Punjab National Bank (PNB) holds Rs. 552 billion and IDBI Bank has Rs. 445 billion.”
Bank Name Gross NPA
1. State Bank of India Rs. 2.01 trillion
2. Punjab National Bank Rs. 552 billion
3. IDBI Bank Rs. 445 billion
4. Bank of India Rs.434 billion
5. Bank of Baroda Rs. 416 billion
6. Union Bank of India Rs. 380 billion
7. Canara Bank Rs. 377 billion
8. Central Bank of India Rs. 324 billion
9. Indian Overseas Bank Rs. 317 billion
10. UCO Bank Rs. 243 billion
11. Allahabad Bank Rs. 231 billion
12. Andhra Bank Rs. 215 billion
13. Corporation Bank Rs. 218 billion
Image Source: List of Public Sector Banks which have highest share in NPA
Let us discuss the List of top PSUs with the highest NPAs
1. State Bank of India: The highest gross NPAs
In seven years, the NPA of SBI has increased from Rs 74,842 Crore in June 2014 to Rs 1.21 Lakh crore in September 2021. A significant growth in the NPA volume has left the financial core of this branch dwindling.
2. Punjab National Bank
This bank has been suffering since it has written off many bad loans. From June 2014 to September 2021, its gross NPA increased from Rs 32,416 Crore to Rs 98,484 crore. There is almost a 300% increase in gross NPA, which is quite an alarming situation for the bank.
3. Canara Bank
Third on the list, the gross NPA of Canara bank has increased from Rs 12,647 Crore to Rs 52,494 crore in these seven years.
4. Bank of Baroda
This PSU has also witnessed a massive increase in gross NPA from Rs 15,879 to Rs 46,382 crore from June 2014 to September 2021.
5. Bank of India
Another name on this list, the Bank of India, is also dwindling in financial burden due to a significant increase in gross NPA from Rs 11,160 to Rs 40,915 crore.
6. Union Bank of India
This PSB has witnessed a significant growth of NPA from Rs 22,199 crore to Rs 77,781 crore within this period.
Many other PSBs have been suffering from the accumulation of NPAs over the years. The current amalgamation of the banks and the cumulative amount of NPAs resulted in a downfall of the current economic condition. The gross NPA of the PSBs summed up to Rs 540,442 crore in September 2021. It was Rs 224,542 Crore in June 2014. Hence, the figure has doubled in just seven years.
Current scenario of PSBs in recovering NPAs
Due to the continuous accumulation of the NPAs, the PSBs are willing to participate in a bank of India e-auction to recover the bad loans quickly. The advent of e-auction portals has been a boon for these banks.
Bidders from all over the country qualify and register in these e-auction portals to participate in a bidding process, get their hands on these assets, and enjoy an excellent bank offer. On the other hand, banks are witnessing faster capital recovery from these NPAs online. Hence, this is the right time to invest in such assets from authentic sources.
Visit Auction Bazaar to get the details of bank-promoted properties auctioned or to get the details of funding of NPA smoothly from NBFC/FI's/Banks.
As per https://timesofindia.indiatimes.com/business/india-business/gross-npas-of-public-sector-banks-double-in-last-seven-years-sbi-tops-list/articleshow/88316357.cms, The gross non-performing assets (NPAs) of public sector bank (PSBs) have doubled in the last seven years to Rs 5.40 lakh crore in 2021 from Rs 2.24 lakh crore in 2014.
The biggest names with NPAs on this list of public sector banks (PSBs) are the State Bank of India (SBI), Bank of Baroda (BoB), Bank of India (BOI), and Punjab National Bank (PNB).
All these PSUs are willing to e-auction to retrieve capital from the market as much as possible.
As per https://www.thehindubusinessline.com/money-and-banking/18-psbs-among-top-20-banks-with-highest-gross-npa-ratios-care-ratings/article64277335.ece,
IDBI Bank (with gross NPA ratio of 24.11 per cent of gross advances) and Indian Overseas Bank (23.6 per cent) have NPA ratios of over 20 per cent. Among PSBs, Indian Bank has the lowest GNPA ratio of 7.21 per cent, the credit rating agency said.
Eight PSBs banks — IDBI Bank, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Central Bank of India, Dena Bank, United Bank of India, and Corporation Bank — had a GNPA ratio of over 15 per cent as of June 2017.
YES Bank is the only bank in the sample of 38 banks with a GNPA ratio of less than 1.
State Bank of India (SBI) accounted for the largest share of about 22.7 per cent (or ₹1,88,068 crore) in the total NPAs of 38 banks (aggregating ₹8,29,338 crore) as of June-end 2017.
“The highest amount of gross NPAs held by the country's largest lender SBI amounts Rs. 2.01 trillion which is equal to 24.39% of the gross NPAs. Other Public Sector Banks include; Punjab National Bank (PNB) holds Rs. 552 billion and IDBI Bank has Rs. 445 billion.”
Bank Name Gross NPA
1. State Bank of India Rs. 2.01 trillion
2. Punjab National Bank Rs. 552 billion
3. IDBI Bank Rs. 445 billion
4. Bank of India Rs.434 billion
5. Bank of Baroda Rs. 416 billion
6. Union Bank of India Rs. 380 billion
7. Canara Bank Rs. 377 billion
8. Central Bank of India Rs. 324 billion
9. Indian Overseas Bank Rs. 317 billion
10. UCO Bank Rs. 243 billion
11. Allahabad Bank Rs. 231 billion
12. Andhra Bank Rs. 215 billion
13. Corporation Bank Rs. 218 billion
Image Source: List of Public Sector Banks which have highest share in NPA
Let us discuss the List of top PSUs with the highest NPAs
1. State Bank of India: The highest gross NPAs
In seven years, the NPA of SBI has increased from Rs 74,842 Crore in June 2014 to Rs 1.21 Lakh crore in September 2021. A significant growth in the NPA volume has left the financial core of this branch dwindling.
2. Punjab National Bank
This bank has been suffering since it has written off many bad loans. From June 2014 to September 2021, its gross NPA increased from Rs 32,416 Crore to Rs 98,484 crore. There is almost a 300% increase in gross NPA, which is quite an alarming situation for the bank.
3. Canara Bank
Third on the list, the gross NPA of Canara bank has increased from Rs 12,647 Crore to Rs 52,494 crore in these seven years.
4. Bank of Baroda
This PSU has also witnessed a massive increase in gross NPA from Rs 15,879 to Rs 46,382 crore from June 2014 to September 2021.
5. Bank of India
Another name on this list, the Bank of India, is also dwindling in financial burden due to a significant increase in gross NPA from Rs 11,160 to Rs 40,915 crore.
6. Union Bank of India
This PSB has witnessed a significant growth of NPA from Rs 22,199 crore to Rs 77,781 crore within this period.
Many other PSBs have been suffering from the accumulation of NPAs over the years. The current amalgamation of the banks and the cumulative amount of NPAs resulted in a downfall of the current economic condition. The gross NPA of the PSBs summed up to Rs 540,442 crore in September 2021. It was Rs 224,542 Crore in June 2014. Hence, the figure has doubled in just seven years.
Current scenario of PSBs in recovering NPAs
Due to the continuous accumulation of the NPAs, the PSBs are willing to participate in a bank of India e-auction to recover the bad loans quickly. The advent of e-auction portals has been a boon for these banks.
Bidders from all over the country qualify and register in these e-auction portals to participate in a bidding process, get their hands on these assets, and enjoy an excellent bank offer. On the other hand, banks are witnessing faster capital recovery from these NPAs online. Hence, this is the right time to invest in such assets from authentic sources.
Visit Auction Bazaar to get the details of bank-promoted properties auctioned or to get the details of funding of NPA smoothly from NBFC/FI's/Banks.
2023-02-08 19:07
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