Profit, losses, GNPAs of Public Sector Banks
Asset Quality Review (AQR) carried-out in 2015 for clean and fully provisioned bank balance-sheets revealed high incidence of NPAs. Expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans, were reclassified as NPAs and provided for. PSBs initiated cleaning-up by recognising NPAs and provided for expected losses. The gross NPA ratio for Public Sector Banks (PSBs) as a category is 14.6% in the financial year (FY) 2017-18, as per Reserve Bank of India (RBI) data. In the last 25 financial years, the gross NPA ratio for PSBs was highest in FY 1993-94 at 24.8% and was also higher in six other financial years.
Bank-wise details of gross NPAs as of March 2018, and operating profit, provision done and net profit/loss in FY 2017-18, are given below.
| Amounts in crore Rs. | |||||
| S. No. | Bank | As on 31.3.2018 * |
FY 2017-18 ** |
||
| Gross NPA ratio (%) | Operating profit | Provisioning done | Net profit (amounts with a minus sign are losses) *** | ||
| 1 | Allahabad Bank | 16.0 | 3,438 | 8,113 | -4,674 |
| 2 | Andhra Bank | 17.1 | 5,361 | 8,774 | -3,413 |
| 3 | Bank of Baroda | 12.3 | 12,006 | 14,437 | -2,432 |
| 4 | Bank of India | 16.6 | 7,139 | 13,183 | -6,044 |
| 5 | Bank of Maharashtra | 19.5 | 2,191 | 3,337 | -1,146 |
| 6 | Canara Bank | 11.8 | 9,548 | 13,770 | -4,222 |
| 7 | Central Bank of India | 21.5 | 2,733 | 7,838 | -5,105 |
| 8 | Corporation Bank | 17.4 | 3,950 | 8,004 | -4,054 |
| 9 | Dena Bank | 22.0 | 1,171 | 3,094 | -1,923 |
| 10 | IDBI Bank Limited | 28.0 | 7,905 | 16,142 | -8,238 |
| 11 | Indian Bank | 7.4 | 5,001 | 3,742 | 1,259 |
| 12 | Indian Overseas Bank | 25.3 | 3,629 | 9,929 | -6,299 |
| 13 | Oriental Bank of Commerce | 17.6 | 3,703 | 9,575 | -5,872 |
| 14 | Punjab & Sind Bank | 11.2 | 1,145 | 1,889 | -744 |
| 15 | Punjab National Bank | 18.4 | 10,294 | 22,577 | -12,283 |
| 16 | State Bank of India | 10.9 | 59,511 | 66,058 | -6,547 |
| 17 | Syndicate Bank | 11.5 | 3,864 | 7,087 | -3,223 |
| 18 | UCO Bank | 24.6 | 1,334 | 5,771 | -4,436 |
| 19 | Union Bank of India | 15.7 | 7,540 | 12,787 | -5,247 |
| 20 | United Bank of India | 24.1 | 1,025 | 2,479 | -1,454 |
| 21 | Vijaya Bank | 6.3 | 3,098 | 2,371 | 727 |
Sources: * RBI (global operations, provisional data for Mar-2018)
** Banks
***While banks have posted operating profits, their net losses are primarily on account of continuing ageing provision for NPAs recognised as a result of AQR initiated in 2015 and subsequent transparent recognition by banks.
This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha today.
Source: PIB
Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…
Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment - ITAT In…
Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…
CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…
Power of CIT(A) under section 251(1)(a) to remand case could be exercised only when the assessment is passed u/s 144…
ICAI (Global Networking) Guidelines, 2025 kept in abeyance In February 2026, ICAI had issued ICAI (Global Networking) Guidelines 2025 to…