PSU bank with maximum bad loans is United Bank of India

Q.  According to the data provided by the Reserve Bank of India (RBI) to the Finance Ministry, which bank has topped the list of public sector lenders with maximum bad loans including restructured assets as a percentage of total advances?
- Published on 21 Jun 15

a. Punjab National Bank
b. Bank of India
c. United Bank of India
d. Allahabad Bank

ANSWER: United Bank of India
 
United Bank of India's 21.5 percent assets are either bad or have been restructured to save them from turning non-performing assets (NPAs). The other banks that have significant amount of gross NPAs and restructured loans include, Central Bank of India (21.30 percent), Indian Overseas Bank (19.40 percent), Punjab & Sind Bank (18.74 percent) and Punjab National Bank (17.94 per cent), as of March 2015.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲