Gross NPA to gross advances increased to 17.81 per cent as on March 2017 from 11.95 per cent year ago. For full fiscal, there was a net loss of Rs 2,439 crore, up from Rs 1,418 crore in 2015-16, the bank said. Net NPAs rose to 10.20 per cent of net advances from 7.36 per cent year ago. For the entire 2016-17, income of the bank fell to Rs 27,537 crore against Rs 27,827 crore. Upgradation of assets improved to Rs 1,183 crore from Rs 608 crore a year ago,” it said.
Source: Indian Express May 16, 2017 21:11 UTC