Uco Bank’s gross NPAs are 17.18% and both United Bank of India’s and IDBI Bank’s gross NPAs are well over 15%—all have doubled since September 2015. In December 2016, the stressed assets of IOB were Rs50,207 crore, Uco Bank Rs28,028 crore, United Bank of India Rs21,067 crore and IDBI Bank Rs60,502 crore. With the slowing of fresh bad loans accumulation, the amount of money set aside for bad loans is progressively going down for most banks but not these four. IDBI Bank’s bad loans are 1.3 times its net worth. In the past one year till last Friday, IDBI Bank stock has risen 55%, United Bank 36%, Uco 13% and IOB 11%.

Source: Mint February 19, 2017 17:42 UTC