PNB’s 20% loan accounts had payment overdue till December ’20

To be sure, the SMA category of loans as of December 31, 2020 also includes loans which were not being classified as non-performing assets (NPAs) in line with the Supreme Court’s interim stay on recognition of fresh bad loans after August 31, 2020. These are likely to slip into the NPA bucket in the March quarter of FY21 as the stay was vacated on March 23.

from Banking & Finance – The Financial Express https://ift.tt/3hia86w