Bankers Trust:

Have Indian banks gone to the dogs?

Have Indian banks gone to the dogs?

Mumbai: At one Indian bank—Central Bank of India—bad loans exceeded 6% of total advances in the quarter ended 30 June. At six more banks, four of which are majority-owned by the government, gross non-performing assets (NPAs) were above 5% of advances. Gross NPAs of five other banks, all of them in the public sector, made up more than 4% of their loan books in June.

Bankers Trust:

How good are our banks?

How good are our banks?

Gross bad assets of at least one bank—Central Bank of India—exceeded 6% of its advances in the June quarter. For another six banks, four of which are majority owned by the government, they are above 5% of loans. Gross bad assets of five more banks, all of them are in the public sector, in June have been more than 4% of their loan books.

Bankers Trust:

Do Indian banks, RBI have freedom?

Do Indian banks, RBI have freedom?

What does freedom mean for the Rs.75 trillion Indian banking industry? Or, for that matter, the 78-year-old Indian central bank? All interest rates, both for loans and liabilities, are free. Public sector banks, which roughly account for 70% of the industry, are board-driven and the government is their majority owner.