PSBs' bad loans rise to 15% of gross advances in FY18: Government

IDBI Bank topped the list in terms of gross bad loans at 28 per cent of gross advances followed by Indian Overseas Bank (25.3 pc); UCO Bank (24.6 pc); United Bank of India (24.1 pc); Dena Bank (22 pc); Central Bank of India (21.5 pc); Bank of Maharashtra (19.5 pc) and Punjab National Bank (18.4 pc, the minister said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NGr0lh