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India - Politics, Industrials, IT and Large Caps

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<h2>PSU Banks continue to report BAD NEWS on NPAs</h2><p>Just when there were hopes that finally, things may be getting better for Indian Banking System on Poor Asset Quality, some of the recent results indicate that it is still too early to think so.</p><ol><li>
<a href="https://www.smartkarma.com/entities/160" target="_blank" data-smartkarma-citation="entities:160:1">State Bank Of India (SBIN IN)</a> posts Q3 net loss of Rs18.87 bn. <em><strong>The nation’s largest lender saw its net bad loans ratio spiking to 5.61% of advances, from 4.24% during the third quarter of 2017-18. The gross dud assets ratio jumped meanwhile from 7.23% to 10.35%</strong></em>…</li></ol>

PSU Banks continue to report BAD NEWS on NPAsJust when there were hopes that finally, things may be getting better for Indian Banking System on Poor Asset Quality, some of the recent results indicate that it is still too early to think so.
State Bank Of India (SBIN IN) posts Q3 net loss of Rs18.87 bn. The nation’s largest lender saw its net bad loans ratio spiking to 5.61% of advances, from 4.24% during the third quarter of 2017-18. The gross dud assets ratio jumped meanwhile from 7.23% to 10.35%…

India: Is Banking System 'Out of the Woods' on Bad Loans? 3Q Results of PSU Banks Says Not Yet!